Portugal continues on the radar of international real estate investment
Despite the fall in international real estate investment volume in early 2019, due to the scarcity of prime product, the domestic market continues to mark its position by being on the radar of international investors.
In 2018, a real estate investment volume of 3.2 billion euros was registered, 77% more than in 2017. About 90% of this investment was international, with emphasis on the Spanish and English nationalities.
In 2019, the main challenges in the investment segment will be trade tensions between the US and China, Brexit, the German elections, the harmonization of the monetary policy of the European Central Bank and the results of the European elections.
According to a statement by Savills, despite all that, the Portuguese real estate market continues to be sought by international investors. “All this after, for the second consecutive year and setting a new historical record, Portugal has established itself as the chosen destination for investment strategies of international players from various parts of the world, with high liquidity levels, being mostly directed to prime assets ”.