According to the latest news from Worldway: In 2014, from January to March, a total of 3,500 foreign citizens invested in real estate in Portugal, accounting for 14% of the total real estate transaction volume in Portugal during this period. The top three countries investing in Portuguese real estate are the United Kingdom, France, and China. Although the investment policy for obtaining a Golden Residence Permit is the most popular, the demand for Portugal from within Europe cannot be ignored.
The President of the Portuguese Association of Real Estate Professionals and Companies (APEMIP) Luís Lima recently stated, “The amount of foreign investment in Portuguese real estate in 2014 will reach 1.5 to 2 billion euros.” He also emphasized that foreign investment in Portuguese real estate has stimulated the economy in sectors such as healthcare, catering, and tourism, which lack international support. “Economic recovery cannot rely solely on exports; foreign investment will also have a positive impact on the market and confidence.” To promote the development of foreign real estate investment, APEMIP also stated that it will engage in deep cooperation with countries that have strong demand for the Portuguese real estate market.
Editor: Worldway
