Property for sale in Portugal
The climate and beauty of the (long) Portuguese coast which is distinguished by its extensive sands and diverse landscape, together with other reasons, continue to attract foreigners to the country, either to buy or rent property in Portugal.
Despite the current situation, buying houses and investing in property in Portugal that you can use as a holiday home and also rent out to tourists when you're not using it can be a great option.
The Alentejo Coast in Portugal is a peaceful location that, for the moment, continues to resist the mass tourism usually found further south in Portugal's Algarve region.
The Portuguese Algarve is home to some of the world's most spectacular coastline, with golden beaches, beautiful cliff formations and lots of sunshine.
When putting a house for sale on the market, it is necessary to take into account some elements of the property itself that may influence the final result of the operation.
Buying property in Portugal is becoming more and more expensive. In the first quarter of 2020, the median price of housing was 1,117 euros per square metre, 3.3% more than in the previous quarter and 10.5% more than in the same period last year.
Your dream of living by the sea could become a reality where you can make the most of the Portuguese sun and beautiful coastline.
The coronavirus pandemic in Portugal has increased the urgency to sell for some homeowners and, for this reason, there are plenty of properties currently for sale on the market with discounts not to be missed.
Whether you’re looking for a rural property in the countryside, a villa close to the beach or a chic city apartment, there are properties in Portugal for every budget. Compared to other popular expat destinations, Portugal offers some of the best prices in Europe.
In April, banks in Portugal once again increased the value of the valuations carried out in the field of housing credit and mortgages.
House prices are expected to fall in almost all major European markets this year due to the economic effects of the COVID-19 pandemic, according to findings by economists at Standard & Poor's (S&P) Global Ratings.
During the state of emergency, because of the COVID-19 pandemic in Portugal, real estate activity in Portugal slowed down but certainly did not stop: business was developed mainly from home. Although face-to-face visits to real estate were not legally prohibited, professionals in the sector decided,