Portugal has become an increasingly popular destination for real estate investment in recent years, especially among foreign buyers. The country’s warm climate, beautiful beaches, rich history, and relatively low cost of living are just some of the reasons people are drawn to Portugal.
One of the main factors driving the Portuguese property market is the country’s Golden Visa program, which offers residency to people who invest a certain amount of money in Portuguese property. This program has attracted great interest from foreign investors, particularly from China, Brazil and Russia.
In addition to the Golden Visa program, Portugal’s real estate market has been boosted by its strong economic growth, as well as its low interest rates and favorable tax policies. These factors have helped create a favorable investment climate, which has led to an increase in demand for Portuguese property.
Therefore, here are several current trends in the real estate sector in Portugal:
- Growing interest in rural and coastal property: The rural and coastal areas of Portugal have seen a
increased interest from buyers seeking a quieter, more natural lifestyle. This
trend is partly due to the pandemic, as people have sought to escape urban areas
crowded - Focus on sustainable and environmentally friendly properties: there is a demand
growing number of sustainable and environmentally friendly properties in Portugal, especially
among international buyers. Properties with features such as solar panels,
rainwater harvesting systems and low-consumption appliances are becoming more and more
popular. - Increase in short-term rentals: short-term rental platforms such as “Airbnb” are
have become increasingly popular in Portugal, particularly in popular tourist destinations such as
Lisbon and Porto. This trend has led to an increase in the number of properties being purchased.
specifically for short term rental purposes. - Continued growth in the Golden Visa program: Portugal’s Golden Visa program, which offers
residence to people who invest in Portuguese properties, continues to attract interest
significant number of foreign buyers. This program has helped boost demand for goods
estate.
In general, the real estate sector in Portugal is experiencing significant growth and presents
many investment opportunities, particularly in the areas of residential and green properties.
