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An “essential tool to help relaunch the national economy and attract foreign property investors” has been launched by several Portuguese entities, taking into consideration the circumstances of the COVID-19 pandemic.
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The COVID-19 pandemic has no doubt shaken the global real estate market, but with rising property prices, Portugal seems to have bucked the trend (see here). A new report sheds some light on the cheapest and most expensive districts in which to buy a property.
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The recent COVID-19 pandemic has affected many areas in all walks of life, and the real estate market is no different. For many house-hunters, it has brought a different perspective of the features that have become essential for their dream home in the sun.
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A new campaign has been launched by the Algarve tourism board to encourage national and international tourists to choose the region as this year’s summer holiday destination.
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The official numbers from Confidencial Imobiliário have brought a “sigh of relief” for Portuguese estate agents, says the Expresso newspaper, with a 23% rise in house sales compared to April following the COVID-19 pandemic lockdown.
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