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Why should I consider investing in property in Portugal?

Investing in property in Portugal presents a plethora of advantages that can significantly benefit prospective buyers. As a nation praised for its political, social, and financial stability, Portugal provides a secure environment for property investments. The promising real estate market, emphasised by the government’s initiatives to bolster the economy, is a compelling reason for potential buyers to consider this unique opportunity.

Portugal’s diverse geographical landscape—from sunny coastal towns to vibrant urban centres—offers a range of property types appealing to different tastes and investment strategies. Investors can capitalise on the burgeoning tourism sector, which sees millions visiting yearly, creating a robust market for rental properties. The potential for high ROI exists in cities like Lisbon and Porto, where demand for housing continues to grow.

Additionally, the quality of life in Portugal, characterised by a pleasant climate, delightful cuisine, and welcoming culture, enhances its attractiveness to potential homebuyers. Safety is another crucial factor; with Portugal consistently ranked among the safest countries in Europe, buyers can invest with peace of mind. The government’s commitment to reduce taxes and streamline the purchasing process further lowers the barriers to entering the property market.

Investors can tap into opportunities in emerging sectors, including defence and renewable energy, ensuring that their property investment is future-proof. The interplay of tradition, modernity, and economic security makes Portugal a rewarding choice for buyer-focused priorities. Don’t miss the chance to explore the rich tapestry of real estate opportunities awaiting you in Portugal. Contact us now to learn more about available properties and investment strategies!

Tuesday, 17 December 2024 - News
Why should I consider investing in property in Portugal?

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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