Some areas of high demand for holiday homes, especially from foreigners, along with some properties in the municipality of Thessaloniki, now appear to be more expensive than central Athens, with sale prices having recorded a significant rally in recent years. Although a similar phenomenon had previously been observed in Athens, due to the explosion of […]

The Institute of Registries and Notaries (IRN) is launching a new online platform to speed up procedures for granting nationality, with automation and digitalisation of documents. “This is expected to increase the capacity of services to process nationality processes by 50%”, says the IRN in a statement, highlighting that the new Nationality Platform will “allow […]

October 8th marked the first chapter in the Algarve region for Mercan Group, with the Groundbreaking Ceremony for the first stone of the Lagos Marina Hotel project targeting an investment of 107.8 million euros. This development in Lagos, Algarve, will result in two hotels: the five-star Lagos Marina Hotel, Curio Collection by Hilton, and the […]

The Council of Ministers Resolution No. 87/2024, dated July 10th, established the creation of a “Task Force for the Resolution of Pending Applications at AIMA” (Agência para a Integração, Migrações e Asilo – Agency for Integration, Migration, and Asylum). The primary objective of this task force is to address the backlog of 410,000 pending immigration […]

In September, Mercan Group opened two new hotels Holiday Inn Express Porto-Boavista in Porto city and Holiday Inn Express Évora in the historic city of Évora, in the Alentejo region, will operate under the IHG Hotels & Resorts brand, one of the most prestigious global hotel brands Holiday Inn Express Porto The Mercan Group has […]

Attica residences now cost about 88% on average more than they did in 2017, BoG data show House sale prices in Attica have increased by 88% since the beginning of the recovery of the real estate market in 2017 and up to the second quarter of this year, based on Bank of Greece data released. […]

Lisbon has won the award for Best MICE Destination in Europe at the 5th edition of the World MICE Awards, beating the cities of Athens, Berlin, Istanbul, London, Madrid, Milan, Paris, and Vienna, which were also competing. The MICE (Meetings, Incentives, Conferences and Exhibitions) segment contributes significantly to tourism revenue and the consequent development of […]

The new Mercan Group’ 4-star hotel – Holiday Inn Beja – was officially inaugurated yesterday, September 10, in a ceremony attended by local delegates, including the Mayor of Beja, Paulo Arsénio, and representatives from the Mercan Group – Mr. Jordi Vilanova, and Mariano Faz – President of AHM. This hotel represents a €16.8 million investment […]

Faro is the third city in Europe with the cleanest air, after Uppsala and Umea, in Sweden, with Funchal in eighth place, according to a report by the European Environment Agency. With 3.6 micrograms of fine particles per cubic meter, Faro is in third place in the table, the same value as Umea but with […]

Dotted with stunning islands surrounded by the sparkling waters of the Aegean Sea, Mediterranean and Ionian Sea, Greece has so much to offer within and beyond its most popular attractions. The best time to visit Greece depends on what you seek— formidable historic sites that have stood the test of time, islands buzzing with exciting […]

The contract was awarded through a public tender, which was only open for three days, to the law firm Eduardo Serra Jorge e Associados, and there were no other competitors. The Agency for Integration, Migration and Asylum (AIMA) has hired a law firm for 200 thousand euros to defend itself in court. The issues at […]

The new Holiday Inn Beja by Mercan Group is officially open, just in time for the summer holidays. Under the InterContinental Hotels Group (IHG) brand, the latest development by Mercan Group represents an investment of €16.8 million and it will generate 31 new jobs, in addition to the approximately one hundred jobs created during the construction […]

The National Federation of Public and Social Workers’ Unions has issued a strike notice by AIMA employees, scheduled to take place from August 22 to December 31, 2024. The potential strike, which centers on issues related to overtime and weekend work, can be seen as part of the growing pains that can be expected with […]

The prices of luxury homes in Athens saw the fourth largest increase among 30 cities worldwide during the first half of this year, per a survey by Savills, a British real estate consulting company. The rate of increase was 3.5% and was only behind Lisbon, Amsterdam and Madrid. On average, the prices of luxury homes […]

Hilton has announced plans to open three new hotels in Portugal between 2025 and 2026 under three brands – Canopy by Hilton, Tapestry Collection by Hilton, and DoubleTree by Hilton – as part of the group’s expansion plans in Portugal. In which, 2 hotels that developed by Mercan Group that qualified for Portugal Golden Visa […]