Worldway Comprehensive News: According to reports from "Express", in 2015, the total amount of real estate investment in the Portuguese market is expected to reach around 1.5 billion euros, thereby breaking the record of 1.4 billion euros set in 2007. Among them, investors from China, the United States, and Brazil have significantly driven the development of the Portuguese real estate industry, especially in property investments in the Lisbon area, which has fueled the boom in property immigration investments in Portugal.
【Portuguese Real Estate】
The year 2015 marks the arrival of Chinese overseas investment, and the strong purchasing power of Chinese individuals has been greatly recognized in the international market. As Chinese investors are increasingly "going abroad", overseas real estate developers are also targeting the Chinese market. The euro exchange rate has significantly dropped, reaching a low of 6.6. With the decline of the euro, buying property in Europe has become increasingly popular. Worldway immigration experts state that purchasing property in Portugal while also obtaining immigration status, especially during the current depreciation of the euro, allows for global asset allocation, ensuring the appreciation and preservation of wealth.
Pedro Lencastre, General Manager of the real estate consultancy firm Jones Lang LaSalle (JLL), stated that in 2015, he hopes investors will initiate a buying wave in land related to the tertiary sector (such as office buildings and commercial spaces). He noted that in the past, we were more accustomed to investors or buyers coming from within European countries, but the current situation is different. With the expansion of trade, investors from other countries and regions around the world are also beginning to focus on the Portuguese market.
He acknowledged that this year's total investment amount should break the record set in 2007, reaching 1.5 billion euros. He recalled that in 2014, the total amount of real estate investment reached 900 million euros, which was double the total amount in 2013.
Overall, the Portuguese real estate industry is recovering and returning to growth after experiencing an economic crisis. Investors are not only interested in office buildings but also have the intention to purchase commercial centers or large supermarkets. Currently, property prices per square meter are more reasonable compared to pre-economic crisis prices. In terms of profitability, Portuguese real estate remains competitive, and an increasing number of large investors are being continuously attracted to Portugal.
【Portuguese Property Immigration】
Worldway's European immigration experts state that at the end of 2012, Portugal launched the Golden Residence Permit program, which allows for immigration for the whole family by investing 500,000 euros in Portuguese real estate, enjoying benefits such as free public compulsory education and medical insurance. In less than three years, the Golden Residence Permit has contributed over 36% of the total investment from China to Portugal. During the more than two years of implementation of the "Golden Residence Permit Program", it has achieved great success, attracting substantial investment to Portugal, revitalizing the Portuguese real estate market, and driving economic development. Therefore, the booming Portuguese real estate market will lead to more waves of property immigration investments.
