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What makes living in Portugal appealing for foreign buyers?

Living in Portugal is highly appealing for foreign buyers due to its exceptional quality of life and welcoming environment for expats. The location offers a unique combination of beautiful landscapes, rich culture, and friendly locals, making it a perfect place for individuals seeking a new start or investment opportunities. Almost 94% of expats rate the climate and weather favourably, which is a significant factor for those considering relocating.
Portugal's position as 6th out of 68 countries in the Expat Insider survey underlines its attractiveness, along with ranking high on personal safety, where 98% of expats express satisfaction. This peace of mind is compounded by the overall sense of community and connection experienced by new arrivals.
For buyers, this means not only finding a home but also integrating into a lifestyle characterised by leisure and connection to locals. Additionally, the financial aspects of living here are particularly enticing, with reasonable property prices compared to other European countries.
Imagine owning a property in proximity to stunning beaches, picturesque towns, and vibrant city life—all while enjoying a favourable tax climate. Many foreign buyers look for rental potential in popular tourist areas that promise robust returns on investment, especially during peak seasons.
Additionally, support and resources for expats make settling into life here easier than ever, adding to the allure. Explore available properties on the market and discover which areas best align with your lifestyle preferences. Take action now and contact us to learn more about buying your dream home in Portugal!

Thursday, 20 September 2018 - Press
What makes living in Portugal appealing for foreign buyers?
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Portugal rated best European country for expats

A high quality of life and the ease of settling in are among the reasons for expats’ high satisfaction with life in Portugal. Friendly locals and a great quality of life ensure that Portugal remains an attractive destination for expats, but working life fails to impress, researchers found.

Portugal ranks 6th out of 68 countries in the Expat Insider 2018 survey. The top 10 destinations for expats are Bahrain, Taiwan, Ecuador, Mexico, Singapore, Portugal, Costa Rica, Spain, Colombia, and Czechia. 
Nearly all expats (94 percent) in Portugal rate the climate and weather positively (as opposed to 61 percent globally).

But only 39 percent of expats living in Portugal are happy with their career prospects, which is 16 percentage points less than the global average (55 percent).
A total of 62 percent of Portuguese expats find it likely that they will return to Portugal in the future compared with 43 percent globally.

After Portugal being rated the world’s most welcoming country in 2017, 87 percent of expats describe the local population’s attitude towards foreign residents as friendly in 2018. This is seven percentage points less than last year (94 percent), but still an incredible 21 percentage points more than the global average (66 percent). 

Ranking 2nd out of 68 countries for quality of life, Portugal is only beaten by Taiwan in this regard. In fact, this is one of Portugal’s biggest pull factors: 28 percent of expats moved there in search of a better quality of life, compared to only 10 percent of expats worldwide relocating for the same reason. 
Portugal ranks among the top 10 countries for personal safety: nearly all expats (98 percent) are satisfied with this factor, compared to a global average of 82 percent. 

Close to every expat in Portugal (98 percent) also considers the country generally peaceful (vs. 78 percent globally), and more than three-quarters (77 percent) even give it the best possible rating (against 43 percent globally). 

Thanks to these impressive results, Portugal ranks 2nd out of 68 destinations for peacefulness, only beaten by Luxembourg. More than nine in ten expats in Portugal (91 percent) feel generally satisfied with their life abroad, compared to 75 percent globally.

 

Source: http://theportugalnews.com/news/portugal-rated-best-european-country-for-expats/46826

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