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Despite the crisis, the latest data shows that property prices in Portugal remain stable. But there are also signs that the market is cooling year on year, and the number of house sales are expected to fall.
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With shortages of houses on the market and low interest rates, the end of the year could be a good time to sell a home. But there are some things to consider before deciding to sell during a pandemic, according to the experts.
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While property prices in Portugal are expected to remain high in 2020, a Moody’s report predicts they will fall by around 2% in the coming year as a result of the COVID-19 pandemic.
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Tax incentives, political stability and quality of life are just some of the reasons that make Portugal one of the most attractive real estate markets in Europe, according to the latest analysis by Housers.
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The Algarve is among the most welcoming and attractive places in Europe for new projects and investments, according to the latest ranking of European Best Destinations. Braga and the Azores also made the list.
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