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End of NHR and Golden Visa having little impact

Government measures to curb foreign buyers are having little impact on the cost of housing, as demand continues. The most recent data suggests that the mild climate, quality of life, security and good health and education services that Portugal offers continues to attract foreigners to live in the country.

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Americans continue to invest in luxury properties in Portugal

In recent years, Portugal, Spain and Greece have seen a booming luxury real estate market, driven significantly by foreign buyers and a strong US dollar. Although Golden Visa opportunities have declined in Portugal, the demand for luxury properties in our country remains.

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Portugal: Among most sought-after destinations for real-estate investment

Global property investment is expected to increase in 2024, peaking in the third quarter, predicts Savills World Research, which points to Portugal as “one of the most sought-after destinations due to its tourism potential”.

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Porto Metro has surpassed "annual demand record"

Metro do Porto has transported more than one billion passengers since the opening of the first line 21 years ago, having already surpassed the "annual demand record" this year, with more than 72 million users .

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Experience and expertise in a changing real estate marketplace

As we head into 2024, the stuttering worldwide economy plus the imposition of local market headwinds such as tighter AL legislation and the potential conclusion of the NHR regime will ultimately result in a changing real estate landscape for our clients. Looking positively, change within our sector always provides new opportunities for buyers and sellers. These wider market moves have also led to an increase in property availability for the first time in over four years. This really is a good time to buy.

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Portugal Tops Cost of Living and Real Estate Comparison

Portugal has long proved to be an irresistible draw for people seeking a better quality of life, boasting 300+ days of sunshine, low crime rates, clean air, culture, local produce and a reputation as one of the world’s top relocation destinations.

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