With a tiny market and a new residency-by-investment program, the British island is trying to make itself an alternative to pricier neighbors.
The tiny Central American nation, which has avoided the worst of the global pandemic, is luring foreign investors with its agreeable prices.
The average price of properties for sale in Portugal fell by just 0.8% between April and May 2020.
The average price of properties listed by real estate portal Imovirtual was €359.497 in May.
It took Sarah Sissons less than a month to call an end to 25 years in Dubai. The 39-year-old moved back to Australia in May with her husband and daughter. She first came to the Gulf business hub as a teenager, when her father was a pilot for Emirates, and never really left.
Estate agents are reporting a surge in online searches for overseas properties as locked-down Britons rethink where they want to live, or indulge their fantasies of owning a bolthole in the sun.
Developers around the country are grappling with the fallout from the coronavirus pandemic as tenants cancel plans and workers fear returning to the office.
The housing market in the San Jose region is strongly tilted in favor of buyers, though demand is picking up as the global pandemic recedes.
The National Association of Realtors said Thursday that last month's decline pushed sales down to a seasonally adjusted annual rate of 4.33 million units, the slowest pace since September 2011.
The National Association of Home Builders/Wells Fargo Housing Market Index rose seven points to 37 this month after a record plunge in April.
While the February data suggested a continued stabilisation in the market in the first two months of the year, Ireland introduced a series of restrictions in March to contain the virus, including a stay-home order, in place until May 5.
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