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The latest numbers show that house prices in Portugal continue to rise. But the interest of international investors and developers hasn't diminished, say experts.
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As house prices rise, long-term rental prices are dropping in Portugal's main cities and the Algarve. It's a sign of the drop in tourists throughout the pandemic, along with the growing need for space and a more relaxed lifestyle.
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Banks in Portugal are valuing Algarve properties above their sale price, thanks to increased demand from both national and international second-home buyers, says recent data.
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Demand for villas, farms and land has continued to rise throughout this year, and with house prices set to drop in September, this could be an opportune time to get the most value from your house sale.
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Thanks to its “tranquillity, security and privacy”, Portugal's premium real estate market remains a very attractive option for both national and international investors.
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