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view from cliffs across bay to Lagos

 

House sales in Portugal saw the smallest increase in the EU at the start of 2021, but house prices continue to rise, says the latest data.

CGI of villa of typical Portuguese design

 

The outlook for the Portuguese premium property market is bright, say industry experts, who believe it is an increasingly safe investment.

View across pool to villa

 

Portugal may not be headed towards a property bubble, but house prices are certainly overvalued, says the Bank of Portugal. Its governor calls for close monitoring of the real estate sector.

stone pathway between grasses leading uphill

 

According to a study by Bloomberg Economics, Portugal is the 13th country in the real estate bubble risk table, despite the Bank of Portugal recently admitting an overvaluation of house prices.

View from gate, up a driveway to a villa

 

Compared to the previous month, house prices in Portugal increased by 2.5%, according to the Residential Price Index for the month of May.

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