Despite Challenging Times, Portuguese Property Prices Continue to Rise

Recently, according to a report by "Dinheiro Vivo" based on the Confidencial Imobiliário residential price index, housing prices in mainland Portugal grew by 0.4% in March this year, marking the lowest growth level since the beginning of 2019. This is a decline compared to the 1.8% growth seen in February. Ricardo Guimarães, Director of Confidencial Imobiliário, pointed out that this is...

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     Recently, according to a report by "Dinheiro Vivo" based on the Confidencial Imobiliário residential price index, housing prices in mainland Portugal grew by 0.4% in March this year, marking the lowest growth level since the beginning of 2019. This is a decline compared to the 1.8% growth seen in February. Ricardo Guimarães, Director of Confidencial Imobiliário, pointed out that this is one of the expected outcomes of the impact of the Covid-19 pandemic. However, the index indicates that the current market performance in Portugal remains relatively stable. Even during the pandemic, Portuguese property prices have not fallen; value appreciation and preservation have always been crucial metrics for overseas investment!

Despite Challenging Times, Portuguese Property Prices Continue to Rise

In fact, now is an excellent time to invest in Europe. Recently, the renowned investment management firm Blackstone Group announced that it has fully completed a €9.8 billion (approximately $10.7 billion) fundraising plan for European real estate. This is one of the largest private equity fundraisings successfully completed in the last two years. To date, the capital for Blackstone's ambitious "European Asset Investment Action" plan has reached $30 billion (approximately 210 billion RMB), and the next step is a vigorous push into European real estate investment.

 

Currently, through the Portugal Golden Residence Permit Program, investors can purchase properties starting from €350,000 to apply for Portuguese Golden Residence status for three generations of their family, allowing them to travel freely across 26 Schengen countries. At the same time, they can acquire properties with permanent ownership, planning a suitable retirement residence for themselves and their families—truly achieving multiple goals at once!

 

In recent years, Portugal has been highly favored by investors. According to data released by the Portuguese Immigration and Borders Service (SEF), from the launch of the Portugal Golden Residence Permit Program on October 8, 2012, to January 31, 2020, the program has attracted a total investment of €5.03 billion. Real estate investment remains the most popular choice, accounting for €4.54 billion, or 90% of the total investment.

 

As an active promoter of European investment immigration, Worldway Group partnered with the Embassy of Portugal in China as early as 2013 to introduce the Portuguese "Golden Residence Permit Program" to China, embarking on a brilliant journey of Portuguese investment immigration. As one of the earliest immigration agencies to promote the Portuguese "Golden Residence Permit Program" in China, Worldway has maintained excellent interaction with the Portuguese government for many years, helping you immigrate to Portugal with ease!

Despite Challenging Times, Portuguese Property Prices Continue to Rise
 

2020: The Year of Health Planning! Health planning comes first, followed by status. For more details, please contact: Mainland China: 400-138-2929; Hong Kong, China: (852) 2802 8798.

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Investment involves risks, the above information is for reference only

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