Is Portugal a good place to invest in post-war real estate?

Portugal is not only on the list of the best tourist destinations in the world by the most prestigious travel publications, but it is also referred to as one of the best destinations in the world to buy property.

After two years of a global pandemic that affected the world economy, one would not have imagined that after a few months, the world would witness the misfortune of a war in Europe. Portugal continues to be placed as a privileged country located at the most western tip of Europe and thus with little relevance in the event of conflict and finally has no energy dependence on any of the countries involved in the current conflict.(it depends on Algeria gas and has a strong percentage (>65%) in renewable energies)

Portugal continues to have important factors of attraction for visitors and investors such as climate, gastronomy, security, without religious tensions or nationalist conflicts.

It will therefore be normal for Portugal to remain in the coming years as one of the most attractive world destinations for the purchase of real estate and for the tourism sector.

With the maintenance of tax advantages for foreigners residing here, it is expected that of the new residents who will continue to be attracted to come and live in Portugal, around 33% will choose to buy a house, which will greatly benefit the real estate sector and its prices.

If we think about all these factors, we are sure that living and investing in Portugal will always be a good choice.

Even in 2021, still the year of a pandemic, Portugal managed to remain in the top ten of the most attractive European economies for foreign investment.

In economic terms and despite the retraction caused by the pandemic, it is noteworthy that more than 30% of respondents in a recent market study plan to create or expand business in Portugal in the next 12 months.