{"id":51857,"date":"2024-02-05T17:34:09","date_gmt":"2024-02-05T17:34:09","guid":{"rendered":"https:\/\/lamarescapela.pt\/?p=51857"},"modified":"2024-02-05T17:34:09","modified_gmt":"2024-02-05T17:34:09","slug":"portugal-a-prime-destination-for-investment-and-innovation","status":"publish","type":"post","link":"https:\/\/lamarescapela.pt\/en\/portugal-a-prime-destination-for-investment-and-innovation\/","title":{"rendered":"Portugal: A Prime Destination for Investment and Innovation"},"content":{"rendered":"

Portuguese Investment Landscape<\/span><\/b>\u00a0<\/span><\/p>\n

Lisbon and Oporto were recently <\/span>featured<\/span><\/a> as Best Cities in the World by TimeOut Worldwide. This ranking was looking to spot the Top50 cities in the world that are perfect for city breaks – Porto can be found in the 10<\/span>th<\/span> position and Lisbon in the 13th. However, it\u2019s not only for touristic reasons that Portugal is often spotlighted. It\u2019s also one of the most interesting options for international investment in the most diverse areas.<\/span>\u00a0<\/span><\/p>\n

Real Estate used to lead the investment list. In 2023, this area experienced an investment decrease following a global trend due to the inflation rate, rising debt costs, and other factors. However, there was still an \u201cAvalanche\u201d of money from investors looking to get Portuguese Golden Visas, as one can read in <\/span>Portugal Resident<\/span><\/a>.<\/span>\u00a0<\/span><\/p>\n

\u201cIn 2023, many investors simply shifted from the property route which had been terminated by the government to the investment in a fund route where they mostly invest in Portuguese companies.\u201d<\/span>\u00a0<\/span><\/p>\n

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Real Estate<\/span><\/b>\u00a0<\/span><\/p>\n

In 2023, Portugal’s real estate market experienced a shift, recording a total investment of 1.6 billion euros, reflecting a 50% decrease compared to the previous year. Factors such as high inflation rates, rising debt costs, and discrepancies in price expectations between buyers and sellers contributed to this decline, according to insights from Savills <\/span>reported<\/span><\/a> by CASASAPO Not\u00edcias.<\/span>\u00a0<\/span><\/p>\n

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Key Highlights:<\/span><\/b>\u00a0<\/span><\/p>\n