Demand for housing in Portugal rebounded by 62.9% in February 2021 from the same month last year, research from Imovirtual has found.
According to the editors at International Living -- Latin America, Europe, and Southeast Asia -- were favored in 2021 by U.S. retirees and expats looking for high-quality, good-value living. These three regional winners from IL's 2021 Global Retirement Index represent the best of what each area has to offer across 10 categories, including cost of living, visas and residence, climate, and more.
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.
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.
Portugal saw an increase in asking prices between February and March 2020, despite the intensity of the global pandemic, analysis from real estate portal Imovirtual has found.
In the northern city of Porto, a recent burst of development and renovation has been derailed by the global pandemic.
Portugal has been a fabulously profitable market for a few prescient real estate investors from the UAE since 2015, with close friends telling me that prices of their apartments in upscale districts of Lisbon and Porto are up an incredible 50% during a period when home prices in Dubai have fallen by 35%.
Property prices in key cities across the world increased by 3.5% on average in the second quarter of 2019, led by annual growth of 25% in Xi’an in Chine, the latest international index shows.
The residential housing market in Portugal is still struggling for momentum as key activity indicators covering demand, sales and instructions all remain in negative territory, according to the latest analysis.
Portugal’s tax breaks, security attracting rich Brazilians. Locals complain about being priced out of real estate market.
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