Real Estate in Portugal

Description

What is the state of real estate in Portugal? A decade ago, the country put in place attractive fiscal advantages like the Golden Visa and non-habitual residency agreements to attract foreign cash. This enhanced an in-vestment proposal that was already tricky to match within Europe—A warm-climate European capital with an oceanfront offers an unbeatable lifestyle package. Other incentives also drove the Portugal brand as a market and, in conjunction, as a tourist destination.

But in 2023, things began to change with the introduction of programs like António Costa’s Mais Habitação, a program to increase access to affordable homes in the wake of soaring real estate prices. The scheme has met with fierce criticism, however, as has the canceling of the Golden Visa program.

It is against this backdrop that research for this 50-page Sector Insights report began. It features a range of interviews, news, articles, and analysis from across the real estate and construction sector.

Here is just a selection of the interviews contained:

• Hugo Santos Ferreira, President, Portuguese Association of Real Estate Developers and Investors
• Manuel Reis Campos, President, AICCOPN
• Filipa Arantes Pedroso, President, WIRE Portugal Partner J+Legal
• Carla Pinto, Executive Director, Portuguese Council of Shopping Centers (APCC)
• José Covas, General Manager, Aura Real Estate Experts
• Filipe Nóbrega, Managing Director, KONE Ibérica

The publication also features a range of articles and analysis, including:

• The Mais Habitaçao bill
• Beyond the Golden Visa
• US investment
• A regional look at real estate transactions

About The Business Year
The Business Year is a global media group that has been providing investors, businesses, and governments with first-hand insights into the world’s most dynamic markets for over a decade. We conduct hundreds of interviews a week with top decision makers in the Middle East, Latin America, Central and Southeast Asia, Africa, and Europe. Our content is available in printed reports and across an array of digital platforms.