Important factors to consider in residence planning
The real estate market in Portugal experienced a significant increase in demand from 2000–2008, which led to developers working hard to meet the demand. However, with the global financial crisis of 2008, demand for real estate decreased, leaving many newly built properties available. Prices decreased and a strong opportunity for value was created and still exists as the market corrects itself.
Our research indicates that the most desirable areas are:
These areas offer buyers various features and value for money:
The interest from foreign buyers in these areas has increased exponentially since the Portugal Golden Residence Permit Program was launched in 2012. With the influx of foreign owners to these areas, the real estate values in Portugal are increasing. This increase also leads to a higher quality of design and build of planned communities, which in turn attracts further long-term value.
Henley & Partners Portugal
Avenida Duque de Loulé
No. 110, 2nd floor
T +351 213 970 977