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The pulse of real estate, market insights & living in Portugal
Rental prices rose 5.9% per m2 in Portugal in January 2024
The most recent data from the National Statistics Institute in Portugal (INE) confirms that, in the case of rentals, the amount charged by landlords to tenants has skyrocketed, with rent increasing by 5.9% per square metre (m2) year-on-year in January 2024.
Portugal's Real Estate Hits All-Time High with Record Summer Surge in Foreign Investment!
In a remarkable testament to Portugal's real estate resilience, foreign direct investment (FDI) in the sector has scaled new heights, reaching over €1.1 billion in the vibrant summer months from July to September.
Will house prices fall in Portugal in 2024?
House prices have been rising for more than ten years and this is expected to continue to happen in 2024, according to a report by ECO. Despite predicting a slowdown in demand and the pace of sales, the experts consulted by ECO do not see, on a medium-term horizon, a decline in housing prices.
The Rise of “Buy-to-Let” in Portugal: A Startup Opportunity?
Portugal, with its sun-kissed beaches, rich history, and vibrant culture, has become a hotspot for foreign investors, especially in the real estate sector. The allure of the Portuguese real estate market is undeniable, with many considering the buy to let in Portugal, as a strategy.