Chinese investors, property buyers and companies have long shown an interest in Portugal. The Portuguese government is keen on the cash and it could have impacts on British buyers in Portugal too.
After a period with little news about the realities of impending Brexit for expats in Portugal and elsewhere, solid details have finally started to emerge.
The two key themes of the Portuguese property market today are shortage of supply and increasing demand. For people with a financial stake in the country, that adds up to a good thing.
Confidence in Lisbon as a global investment destination is rising, after reports highlighted both growth and affordability in its property market. Interest from foreign buyers is especially bullish.
Portugal is a relatively cheap place to live – but not for everything. So what should you be squeezing into your luggage? And how do you bag a bargain? Portugal is a rather cheap place to live, by European standards. A recent Expatistan study, comparing living costs in 80 European cites, found Lisbon, Porto and Faro all comfortably located in the bottom half of the rankings.
Everything’s moving in the right direction for property owners in Portugal. The thriving summer season looks set to open many more peoples’ eyes to the attractions of buying a home in the country.
