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The average time that Portuguese properties are on the market has fallen / Pixabay

Average time it takes to sell a house in Portugal fell in 2018

House prices have gone up enormously in Portugal recently, but this doesn’t mean that properties are on the market longer before being sold. On the contrary, the average time it takes to sell a house in Portugal has plummeted in the last five years (since 2013), especially in 2018.
Glauco Zuccaccia / Unsplash

500 properties sold a day in 2018

Buying a home is getting more and more expensive, but property sales keep going up year after year; in 2018, the number of transactions grew between 15% and 20%, which means that about 180,000 properties were sold, 25,000 more than the previous year and an average of 500 per day.
The number of Gold Visas for foreign investment given out by Portugal is falling / Gtres

Golden Visas: investment in Portugal plummets

The level of investment that comes to Portugal thanks to the Golden Visas it gives out to people from overseas is decreasing, though real estate continues to be the main driver of the programme.
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