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Portugal Luxury Real Estate Listings for Week of September 26

In this story, Mansion Global highlights 8 luxury properties in the Portugal market. These properties are among the most desirable in the area and feature stunning views, upscale locations, elegant living spaces, and many extras. Learn more about these eye-catching properties below.

1% surplus for Portugal

Compared to the same period of the previous year, there was an increase of 7.8% in revenue and 8.9% in expenditure, details the statistical institute. In the first three months of the year, Portugal recorded a budget surplus of 1.2% of GDP.

The Portuguese Dream: Why have foreign investors fallen in love with real-estate investments in the country?

The tourism boom, the flourishing of the technology sectors, and the affordable prices: real estate investors from around the world, have plenty of reasons to gravitate towards Portugal. The demand for properties in cities like Porto exceeds the limited supply, significantly contributing to the continuous rise in prices.

Portugal Granted 64 New Golden Visas Last Month, 42 for Real Estate Investments

A total of 64 golden visas were issued by authorities in Portugal last month, 42 of which were for the acquisition of real estate.The Golden Visa Program dedicated to wealthy foreign investors brought over €493 million for a period from January until August this year, or 24 per cent more than those registered in the same period last year.

Portugal Golden Visa Benefits: Why You Should Consider It

One of the main attractions of having a golden visa in Europe is the possibility of benefiting from a favorable tax regime in Portugal. Portugal offers tax incentives and exemptions for foreign residents and investors who qualify as non-habitual residents.

Portugal popular for autumn bookings

For the autumn holidays, the forecast remains very positive, according to Sunweb, with an expected 50% increase in sales compared to last year for the first week, and 100% growth for the second week. The preferred destinations in terms of bookings are Zakynthos, Crete, Mallorca, Egypt (Hurghada) and Portugal.