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Real estate investors are rushing to launch projects by the end of the year, according to the first results of the Portuguese Investment Property Survey. Presented during the SIL property fair, the study reveals that 75% of property developers plan to launch new projects within the next three months.
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Renewable sources accounted for 43 percent of the energy consumed in Portugal in September, against 42 percent from non-renewables, and with the remaining 15 percent imported.
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Portugal a paradise for second-home buyers, according to figures
Portugal may well be the smartest choice for expats (here), but it is also attracting non-residents in search of the ideal ‘home away from home’. In what has been the best year for Algarve real estate since the recession (read more), the number of non-residents buying properties nationwide has risen by almost 15%.
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The multimillionaire will enter the Portuguese real estate market through the subsidiary Berkshire Hathaway HomeServices.
The Portuguese real estate market continues to shine abroad and to attract more and more investors.
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Portugal considered Europe’s top residential hotspot
A recent survey shows that Portugal is one of the most desirable places in Europe in which to live and invest. Emerging Trends in Real Estate 2019, a joint survey by PwC and the Urban Land Institute, found that the country’s healthy economic market, strong growth and tax benefits make Portugal an international destination for companies, investors and tourists.
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