Useful information for readers who wants to buy property in Lisbon It’s old news – the real estate market in Portugal is booming. The combination of residency permits being given to non-European buyers, tax friendliness and limited stock, fueled by a tourism boom, with people from all over the world flocking to Portugal on vacation has opened the worlds eyes for this new opportunity. There is not a week where we don’t get at least one mail from people who are interested in buying real estate: Is it difficult? what are the cost related to the process? how is it about the low Non Residence tax? how much does it cost to build etc. Yesterday the international online property platform Mansion Global published a feature on the Portuguese real estate market with focus on How, What, How Much Why etc. – in other words answers to most of the questions above. [caption id="attachment_38807" align="alignnone" width="640"] Lisbon is one of the most attractive Cities in Europe right now. For a lot of obvious reasons. Read this blog OR just come by and experience the city yourself.[/caption]
From taxes to average prices and down payments, here’s what you need to know Despite the growing market, it is still affordable to buy property there. “Compared to the rest of Europe, Portugal remains an excellent country to invest and live,” Mr. Correia said. “Prices are very competitive, compared to the rest of Europe, even for a country in constant growth.” Read: Ariel Ramchandani’s What-You-Need-To-Know when buying Property in Portugal feature in Mansion Global
This site uses Akismet to reduce spam. Learn how your comment data is processed.