property - why Portugal?
CLIMATE
For incoming property buyers, lifestyle, price, safety and stability are major factors, alongside Portugal’s enviable climate.
DEMAND
There already is a rapidly increasing demand for village and countryside properties as people move from cities and incoming foreign buyers seek countryside locations for reasons of lifestyle and cost while avoiding Covid-19 exposure.
SECURE INVESTMENT
The success of Portugal as a property investment destination is complimented by the government’s positive approach towards international buyers, Portugal’s recognition as a secure location and the country’s strong membership within the EU. This, combined with the outstanding natural beauty of its rural interior regions, makes Portugal a highly desirable investment environment.
TAX SENSITIVE BUYERS
Tax breaks available to incoming foreigners and returning Portuguese nationals already have boosted property sales. The Golden Visa and Non-habitually Resident (NHR) schemes increasingly are putting Portugal on the map for qualifying, tax-sensitive buyers.
INEXPENSIVE
Property, outside Lisbon and Porto, and the Algarve tourist zone, is notably inexpensive when compared to northern and many other southern countries in Europe.
Photo by José Bidarra