THE REAL ESTATE MARKET IN PORTUGAL

&amp;NewLine;<h2 class&equals;"wp-block-heading">Portugal's real estate market continues to attract the French<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The <a rel&equals;"noreferrer noopener" aria-label&equals;"marché immobilier &lpar;opens in a new tab&rpar;" href&equals;"https&colon;&sol;&sol;agencelusofrancaiseimmobilier&period;com" target&equals;"&lowbar;blank">real estate market<&sol;a> in Portugal is still going strong&amp;period; In just a few years, Portugal has become Europe's new Eldorado for investors&amp;comma; Portugal continues to attract more and more foreigners&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Since 2013&amp;comma; residential real estate has been recovering&amp;comma; after 8 years of sharp depreciation linked to the subprime crisis&amp;period; Portugal has gone from being a very local economy&amp;comma; with little tourism and little presence on the international scene&amp;comma; to being an attractive location for foreigners&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>According to <strong>Apemip<&sol;strong>&amp;comma; the Portuguese association of real estate professionals&amp;comma; 20&amp;percnt; of real estate transactions were carried out by foreign buyers&amp;comma; in 2018&amp;period; In Lisbon&amp;comma; the weight of these investments reaches 28&amp;percnt; of the total value of sales&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">The French are the 1st investors<&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>To date 50&amp;period;000&amp;nbsp&amp;semi;French residents &amp;lpar;including 16&amp;period;611&amp;nbsp&amp;semi;new entries in the French Embassy's consular register in 2018&amp;rpar; are settled in Portugal&amp;comma; they continue to be the biggest investors&amp;comma; with nearly 27&amp;percnt; of transactions carried out by foreigners&amp;comma; ahead of Brazilians and Chinese&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<div class&equals;"wp-block-image"><figure class&equals;"aligncenter is-resized"><a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;abonnement-vivre-au-portugal&sol;" target&equals;"&lowbar;blank" rel&equals;"noreferrer noopener"><img src&equals;"https&colon;&sol;&sol;i2&period;wp&period;com&sol;vivreauportugalconsulting&period;com&sol;wp-content&sol;uploads&sol;2019&sol;05&sol;capture-d’écran-2019-05-13-à-11&period;34&period;31&period;png&quest;fit&equals;640&percnt;2c94&amp&semi;ssl&equals;1" class&equals;"wp-image-5259" width&equals;"750" height&equals;"94"&sol;><&sol;a><&sol;figure><&sol;div>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>These foreign investments can be explained by the introduction of non-habitual resident status in 2009, to attract both retired and active&amp;period investors;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">Market to grow by 10 percent in 2019<&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>This influx of investors <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;imposition-des-revenus-fonciers-en-cas-dexpatriation&sol;">foreigners<&sol;a> has had an impact on the real estate market&amp;period; Tourism&amp;comma; via tourist taxes&amp;comma; has contributed to the rehabilitation of historic city centers such as Porto&amp;period; Real estate development projects have multiplied&amp;period; According to <strong>INE<&sol;strong>Residential property prices rose by 10&amp;comma;3&amp;percnt; in 2019&amp;period; By way of comparison, between 2008 and 2013 the market had fallen by&amp;rsquo&amp;semi;around 20&amp;percnt;&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p> Today&amp;comma; the real estate market in Portugal has regained its fair value and the market can be considered stable&amp;period; As proof&amp;comma; the number of transactions&amp;comma; which was already on the rise in recent years&amp;comma; has once again increased by 16&amp;comma;6&amp;percnt; over one year&amp;comma; in 2018&amp;period; Over the past year&amp;comma; 178&amp;period;691&amp;nbsp&amp;semi;properties have been sold, 80&amp;percnt; of them in less than 6&amp;nbsp&amp;semi;months&amp;period; An upturn which, moreover, concerns all of Portugal&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<div class&equals;"wp-block-woocommerce-handpicked-products is-hidden-price is-hidden-rating is-hidden-button">&amp;lbrack;products limit&amp;equals; "3&amp;Prime&amp;semi; columns&amp;equals; "3&amp;Prime&amp;semi; orderby&amp;equals; "date " order&amp;equals; "DESC " ids&amp;equals; "4573&amp;comma;4371&amp;comma;4368&amp;Prime&amp;semi;&amp;rsqb;<&sol;div>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">You can still get a good deal<&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Demand in Portugal's real estate market in the first quarter of 2019 is still strong, and supply is unfortunately not sufficient to meet it&amp;period; As a result &amp;colon; prices are set to rise again this year&amp;period; The Portuguese residential real estate market still offers great opportunities&amp;period; While some areas no longer offer the same prospects for capital gains &amp;lpar;Porto and Lisbon&amp;rpar;&amp;comma; others are still in the making&amp;period; The suburbs have become the new playground for local and foreign investors&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p><&sol;p>&amp;NewLine;