For some years now the vegan phenomenon has been responsible for changing the way of life of many Portuguese people and meat-loving Portugal on the whole.
Those who decide leave their home country and move abroad are looking for better quality of life, security, good salaries and affordable housing. But how do expats live around the world?
The Douro region in Portugal, or the “Enchanted Valley” as it is known, has incredible sights, amazing vineyards and wonderful “quintas” where you can relax, enjoy some delicious wine and food, and learn more about the area.
The rising cost of living in Portugal, as a consequence of inflation exacerbated by the war in Ukraine, as well as poverty and social exclusion are the issues of most concern to the Portuguese, according to the latest Eurobarometer.
According to the latest European statistical report, released on 1
Cascais is going to home to a new luxury development. Called Sandwoods, this private development will consist of 39 houses, with three and four bedroom typologies, as well as six apartments with one to four bedrooms. All houses have a garden and private pool.
Despite the uncertain context, Portugal should remain on the radar when it comes to foreign real estate investment in 2023, namely in the sights of European and US investors.
Will house prices drop in Portugal? Will houses be cheaper in 2023? The residential real estate market in Portugal remained resilient throughout 2022, despite the challenges posed by the war in Ukraine.
Since March 2022, a month after Russia invaded Ukraine, the cost of building a new house in Portugal has been skyrocketing, in line with the rising inflation rate. Since then, the year-on-year rise has always been more than double digits.
How are things looking in the real estate market in Portugal for 2023? Despite the geopolitical and macroeconomic context, 2022 presented itself as a dynamic (and memorable) year for the real estate market in Portugal and beyond.