According to an analysis report released by JLL, a Lisbon-based real estate consulting firm, the total investment in commercial real estate reached 2.8 billion euros in 2019. Over the past decade, the total investment by investors in commercial real estate has reached 13.6 billion euros.
2019 saw approximately 178,000 housing transactions in Portugal, with a transaction volume approaching 24 billion euros, accounting for nearly 16% of the total transaction volume of 147 billion euros over the past decade. In the past two years, the transaction volume has accounted for one-third of the total transaction volume over the past decade.
The head of the consulting firm stated that the past decade has been one of the most distinctive and challenging periods in our history. In the first five years of the past decade, the Portuguese real estate market experienced a sharp decline, followed by a recovery and record growth in 2018, which continued into 2019.
According to data released by the Portuguese National Institute of Statistics, the real estate market in Portugal has been on an upward trend since March 2017. Additionally, a research report published by the renowned rating agency Standard & Poor's indicates that the Portuguese real estate market in 2019 has strong domestic and foreign demand. Given the shortage of property supply, housing prices may rise significantly.
With the continued strong performance of the Portuguese property market, the future of the market looks promising. For those interested in entering the Portuguese real estate market, what are you waiting for?
Currently, through the Portugal Golden Residence Permit Program, investors can purchase eligible properties starting from 350,000 euros, not only gaining property ownership in Portugal but also the opportunity for three generations of the family to apply for the Portuguese Golden Residence Visa, enjoying Portugal's beautiful scenery, medical care, education, and retirement benefits, while having the freedom to travel across 26 Schengen countries—a win-win situation combining property and residency.
Since 2018, the Portuguese government has successively introduced open immigration encouragement policies, such as lowering the thresholds for naturalization and relaxing permanent residency conditions, welcoming global investors with open arms, which has a strong appeal for those intending to immigrate to Portugal. Therefore, individuals looking to invest and immigrate to Portugal should seize this favorable policy period to take advantage of the great opportunity to immigrate at lower costs—early applications yield the greatest benefits!
As a proactive promoter of investment immigration in Europe, the WorldWay Group introduced the Portugal Golden Residence Permit Program to China in 2013 in collaboration with the Portuguese embassy in China, marking the beginning of an exciting journey of investment immigration to Portugal. As one of the early immigrant institutions promoting the Portugal Golden Residency Program in China, the WorldWay Group has maintained excellent interaction with the Portuguese government over the years, making your immigration to Portugal easy and straightforward!
Invest starting from 350,000 euros for a house purchase, with three generations of the family immigrating to Portugal—property combined with residency leads to multiple benefits! For details, please contact: 400-138-2929.
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