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What foreigner property buyers looking for?

A study by Idealista reveals that foreign property buyers are mainly interested in properties located near the coast with traditional architectural features. Moreover, it sheds light on the rising trend of buying Portuguese vineyards among foreign buyers and the trend of buying properties for investment. This offers valuable insight into the inclinations of foreign property buyers in Portugal, making it useful information for those considering investing in the Portuguese real estate market.

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Foreigner buyers spend 50% more on property

The Portuguese real estate market saw an increase in foreign buyer spending in 2022, with foreigners spending 50% more on property compared to the previous year. The increase in foreign investment in the market is attributed to the country's attractive residency programs, favorable climate, and attractive real estate prices. Despite some concerns about inflation and rising interest rates, the Portuguese real estate market remains attractive to foreign buyers looking for a second home or investment opportunity.

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Property prices and rents rise again

The Portuguese property market is thriving with reports indicating that property prices and rents are on the rise once again. This development makes it a prime time for those looking to invest in the market, whether it be for buying or renting a property, as high demand has created a sellers' market with increasing prices.

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Portugal Real Estate Market: the ultimate guide

An overview of the Portuguese real estate market, including current trends, investment opportunities, and the buying process. From stunning coastal towns to big cities, Portugal has a lot to offer, and if you’re ready to leap into real estate, this guide will walk you through the basics to make the best decision for your future.

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Is it still prime time for Portuguese real estate?

The real estate market in the prime segment is preparing for another very positive year. The optimism contrasts with the uncertainty that persists within an unpredictable world and the impact that the current global economic situation may have on property demand and decision-making. The Portuguese real estate market has remained strong and resilient in the past years and there is still a high demand for Portuguese property, especially from foreign buyers, driven by factors such as favorable tax laws, low interest rates, and a growing economy.

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Porto city guide: your weekend break sorted

The Times provides a comprehensive guide for travelers who plan to spend a weekend in Porto. It recommends top tourist attractions, such as Ribeira Square and the São Bento railway station, as well as the best local food and drink options, including the famous Port wine. The guide also covers practical aspects of the trip, such as the best time to visit and how to get around the city.

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