Portugal - Competitive real estate sector

And if you still need more reasons to make your decision to live in Portugal, know that

Portugal has a very attractive and competitive real estate offer.

Portugal is internationally recognized for the quality of the work of its architects. Proof of this is the two Pritzker Prizes already awarded to the architects Eduardo Souto Mouta and Álvaro Siza Vieira.

On the other hand, very attractive prices make real estate in Portugal a competitive and reliable sector.

Over the last 20 years, Portuguese real estate has undergone a great development, both due to the quality of construction, which is increasingly sustainable, and the evolution of purchasing power.

But even so, real estate has not Portuguese registered an exaggerated growth, as it has in other countries in Europe. In Portugal, until the end of 2013, the number of new constructions remained in line with their respective sales. In the last two years, there has been a resumption of demand which, in addition to ensuring the disposal of existing stock, has increased the price index to values closer to those practiced in 2010.

Real estate is Portuguese thus a safe haven for internal and external investment and all the data presented contradict the existence, in Portugal, of a real estate bubble. This in itself is proof that there are competitive conditions for investment in the sector.

The World Bank, in its "Doing Business" report (2017), placed Portugal 25th in a ranking of 190 economies in terms of the degree of ease of doing business and the existence of a regulatory environment conducive to the creation and operation of companies.

Portugal's position
Among the best countries in the world to do business: 19th out of 139 countries  (2019)
Source: Forbes

Portugal is also among the best countries in the world to do business: in 2015, the business magazine Forbes places Portugal in 16th place, with the list consisting of 144 countries. Elements such as property rights, innovation and technology, freedom (individual, commercial and monetary) and investor protection were taken into account in this assessment