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The price of houses in Portugal increased by 4.5% during the second quarter of 2019, standing at 1,932 euros / m2, according to the Idealist Price Index. Taking into account the annual variation, the increase was in fact 16%.
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Finerge, the 2nd major producer of renewable energy, has already made an investment superior to 1Bn€ in Portugal. The company will now shift its traditional focus from wind energy to solar energy.
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Investment in the construction sector in Portugal has hit a 22-year high.
During the first three months of 2019, investment in construction increased by some 12.4 percent, equal to the historical maximum last seen in 1997.
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The latest report on the residential price index for Portugal has found that on a national level house prices have increased by 15.9%.
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According to the Global Peace Index (GPI), Portugal is considered to be the 3rd safest in the world.
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