Dear Visitor, Thank you for checking out our latest newsletter.
We would love to wish all our readers a very merry Christmas and a Happy New Year.
Hey Portugal Property have had a great year and just celebrated their 2nd Anniversary.
Our Team wish you all the best for the new year.
If you use facebook, please check out our two Facebook pages with loads of posts about being in Portugal and our latest property listings. If you have not 'liked' our pages yet then please do, so you get all the updates.
Don't forget if you have a festa going on near you or any charity event then we are happy to promote it in Hey Portugal Calendar
Hey Portugal raised over 350 Euros for the Bombeiros this year, who do a sterling job volunteering to put their lives on the line. Thank you for everyone who supported us with donations and for using our book swap at our office in Caldas da Rainha.
Hey Portugal Magazine will be relaunched again in the New Year due to popular demand. It is amazing to think that we have not produced the magazine in 2.1/2 years but people are still hanging on to the old copies. We have limited space in the magazine but if there is something you want to see or read about please tell us. Also let us know where you want to pick up the FREE magazine - we do need to have it where our readers can get it. If you have a business and want some low cost advertising please feel free to email us. The magazine email is
Portugal News have reported that the Socialist Government has proposed an increase in minimum wage from 530€ up to 557€. The unions and far left parties are pushing for 600€. This could come in to force as early as 1st January 2017.
Portugal is the place to be next year. Property prices are still subdued so excellent value properties and bargains are still to be found. The banks are confident in expat financing and are offering high loan-to-value mortgages; generally much higher than they will lend to their own Nationals.
Last year Portugal came out as the 5th safest place to live in the world according the Global Peace Index following Iceland, Denmark, Austria and New Zealand.
Travel and Leisure rated Portugal its destination of the Year in 2016 and US travel to Portugal increased by 22% in the last 12 months.
The Brexit has obviously caused some changes in the market especially regarding British confidence in buying abroad. We certainly noticed a dip in enquiries following the decision for the UK to leave the European Union but this was also in tandem with a dip in the EUR/GBP exchange rate. The market does seem to have recovered somewhat. There is a very strong confidence that whatever route the Brexit takes, Brits will still be welcome in Portugal.
There are lots of New Years Eve events going on so make sure you get out and welcome in 2017. Keep a look out for Hey Portugal Magazine coming out around the end of February. There are a number of social events and coffee morning for ex-pats. International Ladies meet at the Internacional Hotel in Caldas da Rainha at 3pm on the 1st and 3rd Tuesday each month. Go to Calendar