Archive for February 2012

Portuguese Property Sales Down – Demand For Lettings On The Rise

In this difficult financial environment, we continue to find many, with their active wriggling wind, so to speak! In a recent survey by the Royal Institution of Chartered Surveyors and Confidencial imobilíario (Ci) Portuguese property market, which the sales and rental, shows a continued decline in home sales and a surge in real estate purchases.

Interestingly, in September, the prices of existing homes were faster than the prices of new homes falls. However, the last two months showed decreases developer resistance to falling property prices. December survey shows new home prices fall in fact, at a faster rate than the existing houses.

In the rental market, demand has continued to increase, as well as the new owner instructions. Rental expectations experienced a sharp rise and remain firmly positive. Rents remained negative, with a reading in line with the lower rents. Rental expectations, however, was declining at a much slower pace in December. In fact, outside Lisbon Rental expectations less stable (in Porto and the Algarve), indicating that this is a regional rather than national trends. Rentals are also the highest in Porto and the Algarve. The decline in rents in certain areas reflects a surplus of rental housing stock in the market, but there are also indications of a mismatch between the nature of the goods offered, and demand.

The regional data are generally more volatile than the national data, the respondents saw in the Algarve has the strongest house price falls, while Lisbon saw the sharpest declines in rents. Confidencial imobilíario spokesman, Ricardo Guimaraes commented: “According to the memorandum signed with the troika, December, the deadline for the Portuguese government to change the rent law, which should improve the confidence of the markets, especially in regard to the This risk of failure of tenants to move. agents is expected. the same time remains the subject of the most frequently commented on the financial disputes between buyers and banks, and the amount of houses sold directly financial institutions that have a negative effect on prices. ” Read the rest of this entry »

The Definitive Guide To The Differences Between Condos And Lofts

As an emerging form of urban living, the options offered by the best designs of condos and lofts are decidedly comprehensive. With increased awareness of the convenience that these pieces of real estate offer, the demand is rising and estate developers can barely keep up with demand. But what is the essential differences and characteristics of these novel living arrangements.

The first and most definitive difference between the two is that all lofts are condos while not all condos are lofts. Both are essentially remodels of buildings to provide multiple dwelling units but that is just one side of the story. Lofts are decidedly different from traditional condominiums. The lofts are, on the main, remodeled warehouses and other commercial buildings. Due to limitations pressed on the developers from the original designs, it is not uncommon to find all the lofts in a building spotting unique floor plans.

This design approach of lofts gives them some unique characteristics that are missing from traditional condo designs. For starters they usually sport extra-ordinarily high ceilings, bare brick walls and open spaces. This is in addition to having wooden or bare concrete floors in addition to exposed ductwork. When this rustic finish is combined with sleek look of modern appliances, the effect can be rustically urban chic. No wonder that these designs are becoming increasingly among the young elite who value the aesthetics of outlandish proportions. Read the rest of this entry »

Condos And Lofts And Other Ideas

Many people find the idea of apartment living to be very attractive and therefore will be hunting down condos and lofts in which to live. Some might even want to make them into a studio, particularly if they happen to be artists of some sort. Nowadays there is definitely something quite attractive about the idea of living in a city, even for families as there normally will be plenty of different amenities nearby which people are able to take advantage of.

For the most part, one of the more popular types are going to be loft apartments as they tend to be on the very top of the block itself. As a result it is possible to get a very good view from here, and sometimes people will feel that they are paying quite a lot for the view that they have. When renting out one of these, individuals need to be financially responsible and be sure that they’re making a good choice when it comes to this. Read the rest of this entry »