Right of First Refusal on Property in Portugal
The pre-emption right, the thirty days a tenant gets and the eight everyone else gets, the 15 euro notice that clears the state, and the six months to sue.
The Portugal Brief
Maria João Pires Stopped Performing Last November and Has Opened a Piano Academy: 500 Euros an Online Lesson, 800 a Day at Belgais
The announcement was reported as a cultural item. The booking page, which was not, carries three prices, a 4 percent cancellation fee and an internet speed requirement that will quietly exclude a good part of the Portuguese interior.
The Lajes Agreement Everyone Cites Was Signed 75 Years Ago and Repealed in 1995, and the Text That Replaced It Opens a Narrower Door Than Most People Assume
Portugal and the United States signed the Lajes defence agreement on 6 September 1951. Article XI of the 1995 accord repealed it by name. The text now in force rolls over every year, and it sorts American requests into three categories with very different answers.
Fifty Years Ago on Tuesday the Azores Swore In a Government of Their Own, and the Argument It Started Is Still About Money
The first Azorean government took office on 8 September 1976, four days after the assembly elected that June, under a 33-year-old Mota Amaral. Fifty years on the design has held and the funding has not, and a working group has eighteen months to rewrite the regional finances law.
Porto's Shopping Brasilia Turns Fifty in October, and Thirty-Five Beauty Salons Are Part of Why 223 of Its 243 Units Are Trading
It opened in 1976 with six escalators, 242 shops and coaches arriving from Spain to ride them. Since a court shut Lisbon's Apolo 70 in 2021 it has been the oldest shopping centre still trading in Portugal or Spain, and 223 of its 243 units are open.
Three Months After the Bessa Auction Failed, 33 Million Euros Arrives From a Lisbon Property Group, and Boavista's Creditors Now Decide
The two lots carried a 32.9 million euro floor and the online auction never reached it. A Lisbon group has now gone above it. Under article 161 of the insolvency code the creditors must be told the buyer's name and every term of the deal fifteen days before anything is signed.
Markets, Business & Tech Briefing: OPEC+ Freezes October Output, Portugal Sells Bonds on ECB Day, Utmost Opens a Lisbon Arm
📋 In This Edition
* OPEC+ Stops Adding Barrels, and October Is the Month It Stops
* Where the Index Actually Stands Going Into Monday
* Portugal Sells Bonds on Wednesday, and the ECB Meets the Same Morning
* A British Insurer With 143 Billion Euros Under Administration Opens a Portuguese Arm
* The Estádio do