Where to invest in Portugal will depend on your specific investment goals and priorities. Some popular areas to consider include:
- Lisbon: The capital city of Portugal is a popular destination for real estate investment, with a growing number of foreign buyers looking to purchase property in the city’s historic center. Property prices in Lisbon have been steadily increasing in recent years, driven by strong demand.
- Porto: The second-largest city in Portugal, Porto is also a popular destination for real estate investment. Known for its historic architecture, Porto is a UNESCO World Heritage site and has been experiencing a significant increase in property prices.
- The Algarve: This southern region of Portugal is known for its beautiful beaches and golf resorts. It is a popular destination for holiday homes, and the property market in the Algarve has been very active in recent years, with prices increasing.
- The Azores: This group of nine islands located in the Atlantic Ocean, is also an interesting option for real estate investment. The Azores are known for their volcanic landscapes, natural hot springs, and diverse wildlife.
- Coimbra: A historic city located in the centre of Portugal, Coimbra is the 3rd largest city in the country, and it is home to one of the oldest universities in Europe. It has a growing real estate market and it is a great option for those looking for a more affordable alternative to Lisbon or Porto.
It is important to note that the real estate market can vary depending on the location, type of property and the current market conditions, so it is always advisable to consult with a local expert and do your own research before making any investment decisions.