Foreign property Investments double 2013 levels
In the first 6 months, real estate investments by international groups and individuals have reached 400 million Euros. This should bring property purchases close to pre-crisis levels by the end of the year. Currently, this investing is predominantly in commercial property in upscale sections of Lisbon.
In a single day in August, the GNR received 8 complaints regarding potential local lodging irregularities. The accusations arose from people who had paid while making reservations who later found that either the accommodation did not exist or was already rented.