Portugal’s Property Market Continues to Deliver Value Compared with Major International Real Estate Markets
Real estate buyers in Portugal are getting far more bang for their buck, according to new research from Property Market-Index. The sun-soaked nation offers the best deal for those looking for a four-bedroom home compared to elsewhere in Europe and many popular destinations around the world. And with the cost of living considerably lower in Portugal too, the stream of wealthy expats flocking to its shores looks unlikely to slow.
Luxury housing market continues to grow
The global luxury housing market continues to grow, with average annual prices increasing by 2.1% across the 46 markets.
Portuguese airport among the best in Europe
In 2022, Francisco Sá Carneiro airport was considered the "Best European Airport 2022" in its category of 10-25 million passengers by Airport Council International (ACI), ANA - Aeroportos de Portugal said in a statement.
The Return On Investment Of Real Estate In Spain, Portugal, And Belgium: Where Should You Invest Your 500k?
Portugal's highly-developed property market enjoys a considerable presence of offshore investors. The country's real estate sector shows continued recovery with an overall price increase of 13.8% in 2021.
Record breaking rent prices in Southern Europe
According to the most recent data from idealista, the highest house rents were observed in Milan, Lisbon and Barcelona, all being above 20 euros per square meter (euros/m2).
Portugal a “rising star” remote working
Portugal appears as “a rising star in the universe of remote work”. The country's beautiful landscapes and rich history are no longer its only attractions, according to the ranking, which presents it as a “mixture of excellent strengths and opportunities for growth”
Metro do Porto awards consortium contract on Portugal’s ‘largest investment’
Metro do Porto has awarded a €379.5 million contract to a consortium of Alberto Couto Alves, FCC Construcción and Contratas y Ventas for the construction of light rail line H (Ruby). The project also includes the construction of a bridge over the Douro River.
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.
Portugal crowned “Best Golf Destination in the World”
Portugal has won the two biggest trophies at the 10th edition of the World Golf Awards held in Abu Dhabi. In addition to these two important awards, there are also awards for the best new golf course in Europe and Portugal.
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