When you think of the real estate sector you probably think of houses and apartments, but this important sector of the economy does not only comprise the residential segment.
Rental housing is a market that is staying buoyant, even in pandemic times. More and more families are renting their homes in Portugal. The price of houses for rent is showing signs of growth. Rental subsidies continue at a good pace, although they do not reach all families.
The cold continues to enter Portuguese homes. The lack of efficient homes in Portugal is a blatant issue and improving the energy performance of buildings is, today, a top priority both in Portugal and abroad.
Buying a property in Portugal - be it a flat, a house, a farm, or a plot of land - is a rather complex process and implies compliance with several legal requirements.
Foreign investors will find it more difficult to obtain a gold visa as of January 2022, as the Portuguese government has put a brake on this regime. However, as the end of the current regime of rules and regulations for these visas approaches, interest has only grown in this opportunity.
The property market in Portugal is recovering the growth trajectory it was on before the Covid-19 pandemic, a strengthening driven in a large part by the recovery of investor confidence.
"House prices have grown faster than salaries in more than half of the 35 countries" that make up the Organisation for Economic Co-operation and Development (OECD), highlights the International Monetary Fund (IMF).