Real estate prices in Portugal
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Real estate prices in Portugal

According to the Idealista platform, the municipality of Alcoutim, located in the Algarve (district of Faro), saw the strongest increase in house prices between November 2023 and November 2024. Here, prices rose by as much as 54.6% year-on-year. Currently, the average price for buying a home in this municipality is €1,159 per square meter. After…

Deposit or earnest money: booking a room in the EU

Deposit or earnest money: booking a room in the EU

Deposit vs. earnest money: How to avoid being scammed when booking a hotel room. When booking hotels in Europe, it is important to understand the difference between a deposit and earnest money, and how to protect yourself from potential scams. Understanding earnest money and earnest money in the EU A earnest money is an amount…