News
Portugal real estate on the radar for US buyers
Investment in Portuguese real estate from the USA is expected to continue to grow throughout 2023. According to Sotheby's International Realty Luxury Outlook 2023, Portugal (Lisbon, Porto, Algarve, and Madeira) has already ranked among the top destinations for luxury buyers from the US. Safety, quality of life, hospitality of the Portuguese, infrastructure, education, and health are among the most valued qualities in the country.
Portuguese Tourist taxes bring in €54 million
Tourist taxes charged for overnight stays in 11 municipalities generated revenues of €54.2 million in 2022. Lisbon and Porto concentrated more than 80 percent of the financial inflow, which was 4 percent below the last year before the pandemic (2019) but which corresponded to triple the amount verified in 2021.
Portugal: A relaxed lifestyle
The 10 most ‘expat-friendly’ countries in the world revealed Guess what? Portugal made the list ! Portugal attracts expats to its warm climate, laid-back lifestyle and low cost of living. Ranking fourth out of 52 countries in the Quality of Life Index, expats living in Portugal find their money goes far and that there are no restrictions on purchasing property.
Real estate investment up 39% in Portugal
The overall value of three billion euros in investment recorded in 2022 represents a 39% increase compared to that observed in 2021, with the hotel sector representing 30% of this total, offices 27%, industrial 21%, and retail 9%.
Portugal makes the list of World’s Best Places to Retire in 2023
Portugal is one of the safest countries in the world, ranked 6th by the Global Peace Index so expats never need to worry about crime. Healthcare in Portugal is both affordable and excellent, ranked 12th by the World Health Organization. Residents of Portugal have access to both the public and private healthcare systems, along with fully accredited Joint Commission International facilities with English-speaking staff.
Portugal makes the list of World’s Best Places to Retire in 2023
Portugal is one of the safest countries in the world, ranked 6th by the Global Peace Index so expats never need to worry about crime. Healthcare in Portugal is both affordable and excellent, ranked 12th by the World Health Organization. Residents of Portugal have access to both the public and private healthcare systems, along with fully accredited Joint Commission International facilities with English-speaking staff.
Seminar in Spain’s Marbella explains Portugal’s Non-Habitual Residency tax scheme for expats
Free event takes place on November 25 at Marbella's Don Pepe Gran Melilla Hotel.
Porto Residential Market
Porto is without doubt a beautiful city overflowing with art, history and culture. It offers underrated beaches and of course has one of the world’s most famous wine regions on its doorstep.
Rising interest rates are not all bad news
Increase in Interest Rates: How will it affect the housing and rental markets?
