The increasing of the house prices in Portugal is an opportunity

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The increasing of the house prices in Portugal is an opportunity
Reading time: 4 minutes
Published: 8th November 2019, 12:19pm
(4.5min read)

Having gone through a great recession period between 2007-2009, Portugal has seen an increase of housing prices since 2010.

With 10% growth, Portugal ranks fourth in the ranking of countries with the largest increases in house prices in the European Union. Data referring to the 2nd quarter of 2019 was recently released by Eurostat (Official Institute of Statistics of the European Union / EU). 

 

Who are the investors?

Even with frequent price increases, it is already possible to see the first signs of decreasing compared to the previous year’s numbers, which has been welcomed by the market, as it shows a greater balance and maturity of the sector.

 

If we analyze the evolution of the house prices, it is necessary to take into account the purchasing capacity of potential Portuguese and foreign buyers. Having said that, only in 2018, the average number of buildings sold to foreigners rounds 171 thousand euros, 58% higher than the average of global transactions.

Know who the Foreign investors in Portugal are here.
 

Portugal is facing a cyclical period, and rising house prices tend to attract investors, leading to the promotion of this sector, where the trend is that new products start to appear more intensely, contributing to pricing relief.

The portuguese real estate market continues to live the best years of the last decade, because even with the continuous rise in property prices, the sector is still fueled by national, but especially foreign investment, since real estate in Portugal still has the lowest prices, compared to the prices practiced in cities such as London and Paris.

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Tax incentives are also an attraction for investors

The great search for real estate in Portugal by foreign investors is due to tax incentives and the Golden Visa programme, which acts as a residence permit, intended for citizens from countries outside the European Union or from the Schengen area, aimed for investment, job creation and/ or real estate acquisition worth 500.000€ or higher. 



If you’re looking to invest in Portuguese Real Estate, know how to Buy a Property in Portugal here.
 
Source: listglobally.com

About Portugal Homes
 

PortugalHomes.com specializes in investments through Real Estate and Golden Visa. We help buyers find the right property overseas, whether it be for Golden VisaNHR, Investment or simply a place in the sun. Our properties are selected with great thought in mind to give our clients the best opportunities. We offer the complete service from introducing them to the Legal RepresentativesCurrency ExchangeMortgage AdvisorsProperty ManagementRental and Furniture Packages along with making sure all our staff are trained to fully understand the buying process and taxes for every scenario. Portugal Homes provides the complete service to anyone looking to buy a new or resale property overseas for holiday use or as a short or long-term investment.

To find out more, please contact us:

Phone: +351 213 471 603

E-Mail: info@portugalhomes.com

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Comprar uma propriedade em Portugall

A Portugal Homes possui profissionais muito experientes e conhecedores, que trabalham com alguns dos promotores mais reconhecidos em Portugal . A nossa vasta experiência permite-nos guiá-lo pelas melhores opções de investimento.

Seja casa de férias ou uma propriedade para investimento, selecionamos as melhores propriedades para o seu perfil e tratamos de todo o processo do início ao fim. Mesmo após a venda! Os nossos serviços de pós-venda assumem a responsabilidade de mobilar a seu gosto, manter a propriedade na sua ausência, dar apoio ao arrendamento, no caso de querer arrendar e muito mais!

Para saber mais sobre Residentes Não Habituais em Portugal e sobre os nossos serviços pós-venda, preencha o formulário abaixo.

Thanks to Andrea Leite for the comprehensive and timely updates on the construction progress of the new development we purchased!

Investidor dos EUA

Ryan was an excellent real estate agent, he really steered me in the right direction based on what I said was important to me. Living in another country, I wasn't as familiar with the city as he is. Where I thought I wanted to live and what I truly wanted were not the same. He took the time to listen and figure out the best spot for me, and we are very happy with it - far more than we would have been elsewhere.

Investidor dos EUA

A experiência geral foi ótima desde o acompanhamento até o pós-venda. Gostaria de agradecer especialmente ao Sr. Simon, à Sra. Francisca e à Sra. Mariana.

Investidor dos EAU

George Hobson é um jovem agradável, conhecido como conhecedor, experiente, trabalhador, honesto e disciplinado; Senti-me muito confortável em fazer facilmente o meu investimento.

Cliente dos Emirados Árabes Unidos

A Luísa é uma pessoa muito compreensível, e sabia exactamente o que procurávamos; até nos mostrou e deu-nos mais opções de escolha. Aconselhamento, hospitalidade e serviço muito profissionais.

Roshana (Zulfiqar) Mian | Hong Kong

O meu consultor, Mathew McGurn, foi realmente excelente! Os seus conhecimentos, profissionalismo e atenção ao detalhe foram muito apreciados. Ele trabalhou duro não apenas para encontrar uma propriedade que atendesse a todos os meus requisitos, mas também negociou com sucesso com os agentes, garantindo que minha oferta conquistasse outros compradores que disputavam a mesma propriedade. Além disso, as suas capacidades de comunicação, tempo de resposta rápido e ajuda geral para a minha instalação em Portugal foram acima e além do normal.

Investidor dos EUA