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Showing posts from April, 2016

PORTUGAL IS ONE OF THE BEST PLACES IN THE WORLD TO INVEST IN REAL ESTATE

Last year, the real estate held by investors in Portugal provided a return of 12.1%, revealed a study form MSCI (Real Estate Investment Index IPD Portugal). This is one of the best performances recorded by the market in the last sixteen years (the highest point was 13.7% in 2002) and also in the global context. According to the national index for 2015, the total return on investment this year is the result of a return of 5.9% income and a 5.8% capital appreciation. Good news for the beginning of the year, after a 2015 history where investment has reached levels never seen before in Portugal with close to EUR 2,000 million transacted.

WHO HAS TO SIGN THE CONTRACT?

Normally the administration of a company is entrusted to a manager (gerente) or administrator (administrador).  By its turn, the administration is entrusted with management powers and powers of representation which are contained in the articles of association. So, it is always advised to make sure the contract is signed by a manager or administrator.

However, the company may still be liable to third parties even if the contract is not signed by a manager or an administrator, but, in this case, the proof is more difficult to do and witness are needed.