Portugal has fallen out of favour with foreign property investors in recent years. They went shopping in the country and encouraged the sector in its various segments, from residential to commercial.
New trends are forming in the new economic context. With the pressure on purchasing power and rising interest rates on home loans, families are looking for cheaper homes to buy in order to borrow less from banks.
European programmes that offer citizenship "in exchange" for investment- particularly in real estate- are alive and well in Europe, despite calls for an end to the issuing of new golden visas.
House prices in Portugal have been rising for several years. And there are streets in Portugal that concentrate more luxury homes for sale, thus standing out for their exclusivity. On the most expensive street of all, buying a house costs an average of 4,404,545 euros.
Every Thursday we open the doors of a dream house. And this time we bring you an example with national DNA. Nature has always been a reference for the construction of shelters and houses over the centuries.
Most home loans in Portugal have a variable rate, which is why interest and instalments have been updated according to the Euribor term (3, 6 or 12 months). And they keep getting bigger.
Let's face it, nobody likes turbulence. Even though we know that aeroplanes are the safest form of transport in the world, few people feel deeply relaxed while travelling by plane.