Over the last couple of years, the Portuguese real estate sector has reached a peak when compared to recent decades. This has attracted more and more interest from foreign investors, who are looking for both new builds and to refurbish older ones, throughout the country.
In one of the cases NEWCO has implemented most recently, an Israeli multinational group has set up several SPVs to encompass the various properties it is acquiring in both Lisbon and Porto.
In addition to incorporating the SPVs, NEWCO provides all the services necessary for the group to manage its properties in Portugal - from establishing contact with financial entities to finding local managers, providing accounting services and ensuring the company operates within and complies with all the applicable tax obligations it has in Portugal.
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