Categories: Real estate

Portuguese real estate: These French people are looking for good deals

<h5 class&equals;"fig-chapo">Last week saw the Portuguese real estate and tourism fair&amp;period; Entrepreneurs&amp;comma; retirees or younger individuals are hoping to get good advice on how to make a good investment&amp;period;<&sol;h5>&amp;NewLine;<div class&equals;"fig-article-body">&amp;NewLine;<p>Portugal has not finished making eyes at the French&amp;period; The Portuguese real estate and tourism trade show&amp;comma; held in Paris last week and celebrating its seventh edition&amp;period; As every year&amp;comma; it should convince its share of visitors attracted by Portugal&amp;period; It must be said that the country does not lack attractions to seduce foreigners&amp;period;<&sol;p>&amp;NewLine;<p>Moving to Portugal is an "obvious" choice for a retired couple in search of information&amp;period; They say they have never even considered other options&amp;period; First argument cited&amp;colon; prices&amp;period; "Life is not expensive" they confide and add that they have heard that the tax system is particularly advantageous&amp;period; <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;kit-expatriation-portugal&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener noreferrer">While the couple may not yet be familiar with the subtleties of Portuguese law<&sol;a>&amp;period; Portugal's tax privileges are largely due to its "non-habitual resident" status&amp;comma; which offers&amp;comma; for a period of 10 years&amp;comma; an exemption from income tax. <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;regime-fiscal-du-resident-non-habituel&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener noreferrer">income from abroad<&sol;a>&amp;period;<&sol;p>&amp;NewLine;<p>But Portugal is also attracting younger individuals and entrepreneurs who are rushing to buy Portuguese stone&amp;period; Like a Parisian woman who wants to buy apartments on the Algarve coast to rent out and one day resell&amp;period;. <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;guide-immobilier-portugal&sol;">property prices have risen<&sol;a> of 7&amp;comma;5 &amp;percnt; in Portugal in 2017&amp;period; <strong>In Lisbon and Porto, the increase was as high as 20 per cent in the fourth quarter of 2017.<&sol;strong>But if these figures are impressive, they need to be put into perspective in the light of the crisis that until recently paralyzed the country;<&sol;p>&amp;NewLine;<p>Carlos Vinhas Pereira, President of the Franco-Portuguese Chamber of Commerce and Industry, said: "To those who say it's too late to buy&amp;comma; I say that's completely untrue"&amp;comma; He even explains that "there's still potential to catch up", referring to the evolution of the sector&amp;period;<&sol;p>&amp;NewLine;<p>If you're already thinking of heading to the land of Fernando Pessoa&amp;comma; a detour to the center of the country could be a good idea&amp;period; the destination is attractive&amp;comma; and for good reason&amp;colon; with prices 30&amp;percnt; to 35 &amp;percnt; lower than in France according to Carlos Vinhas Pereira&amp;comma; the region is even less expensive than Lisbon or the Algarve&amp;&amp;num;8230&amp;semi;&amp;period;Enough to give some ideas to interested French people&amp;period;<&sol;p>&amp;NewLine;<&sol;div>&amp;NewLine;

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