France, UK and China investors chose Portugal for property buying

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France, UK and China investors chose Portugal for property buying
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Published: 7th October 2020, 6:24pm

Last year, nearly 9% of Portuguese properties were sold to non-residents. French and UK buyers top this list, as well as China.

According to the National Statistics Institute (INE), after the “significant” increases both in number and value in previous years, in 2019 the number of properties acquired by non-resident investors decreased by 2%, having increased by 1% in value.

The average property value sold to non-residents was €176,429 (up by 3.1% in 2018).


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“This figure is 57% higher than the average value of total transactions, a difference similar to that in 2018”, said the INE.


Among the main countries of residence of non-resident buyers, INE highlights China, whose average value of real estate acquired by investors of this country (€373,071) was more than double the total average value of real estate sold to residents abroad.

The average value of real estate acquired for a price equal to or greater than EUR 500,000 reached EUR 923,016, increasing by 3.2% compared to 2018.

The Algarve overtook the Lisbon Metropolitan Area, mustering up 37.7% of the value of acquisitions by non-residents (35.8% in the Lisbon Metropolitan Area).

Still according to INE, in 2019, the number of properties traded in Portugal decreased by 4.7%, while the average value of properties traded in 2019 went up by 4.1%.

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

Investidor dos EUA

Very helpful. Work with his heart. Mark is a very nice advisor. 

Investidor de Marrocos

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

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