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How is Portugal positioned as a stable country for homebuyers?

Portugal is increasingly recognised as a stable environment for homebuyers, attributed to its political, social, and economic resilience. The Prime Minister's assertion of Portugal as a beacon of stability within the European Union reinforces buyer confidence in making investments here. Property seekers are drawn to the country’s commitment to fostering a secure and thriving economy, crucial for home investment.

Located in an attractive geostrategic position, Portugal benefits from a climate that not only draws tourists but also prospective homeowners interested in a lifestyle change. The government’s initiatives to ease the tax burden on individuals and businesses create a welcoming environment for those looking to establish roots in the nation. Buyers can benefit from the growing property market, ideal for investment due to the increasing demand for housing.

Residents and investors enjoy access to rich cultural experiences alongside stunning scenic beauty—from lush coastlines to historic cities. Furthermore, the government's assurance of security adds significant value as prospective buyers search for properties in safe, well-staffed regions. Investors can explore a variety of options ranging from residential apartments to luxurious countryside estates, catering to diverse tastes and requirements.

The potential for rental income is another significant advantage, with the tourism sector creating a consistent demand for short-term rentals. You can achieve excellent ROI through well-located properties that attract seasonal visitors. Engage with the booming market and discover a myriad of opportunities conducive to family living or investment. Explore the stability of Portugal and find your perfect home today!

Tuesday, 17 December 2024 - News
How is Portugal positioned as a stable country for homebuyers?

In Vila Nova de Famalicão, district of Braga, during the inauguration of the new facilities of the Center for Nanotechnology and Technical, Functional and Intelligent Materials (CeNTI), Montenegro even pointed to Portugal as a “reference” for financial stability in the European Union.

“Who would have thought that, a decade ago, after a recovery process in which we had to request external help, today we are, within Europe, a reference for financial stability, with one of the best performances in the European Union?”, he said.

For the Prime Minister, this is one of the competitiveness factors that the country cannot ignore or waste.

Furthermore, he highlighted, that Portugal is “a safe country”, a reality that needs to continue to be guaranteed, as it is yet another important economic asset.

The geostrategic location, the investment in energy autonomy and the commitment to knowledge and its application in the economy were other “trump cards” used by Montenegro to emphasise that Portugal “has everything to win”.

In his speech, the head of government recalled that Portugal faces “a cycle of investments worth many millions of euros” in the defense area, to emphasise that this is a vein that companies can take advantage of.

“There is an opportunity here. I don’t decide on companies’ investments, but it’s worth looking at this sector,” he said.

He guaranteed that the Government will continue “relieving the country of a tax burden that is painful for people and companies” and is “investing a lot” in simplifying and reducing the bureaucratic burden, ensuring that this is a cause “that will not let go”.

For the Prime Minister, it is necessary to continue stimulating interaction between knowledge and companies, so that the country can “look to the future without fear”, paying good salaries and retaining talent.

 

Source: https://www.theportugalnews.com/news/2024-12-16/portugal-is-a-beacon-of-political-social-and-financial-stability/94276

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