During the period of July 2016 – September 2016 a total of 35,535 property transactions took place at a value of €3.6 billion! This was a 15.8% increase compared to the same period in the previous year.
Since the European recession back in 2012/2013, Portugal has seen a steady price increase trend, with an average rise of 4-5% per annum since Q1 of 2013. That’s nearly a 14% price increase overall to date.
Portugal’s Golden Visa programme has played a big part in boosting the overall economy for the country and there is no sign of the surge slowing down as the scheme remains a firm favourite with those looking for a flexible residency scheme in Europe. To read more on Portugal Golden Visa programme please see here.
To view our extensive property portfolio, please click here.