About 8% of properties sold in Portugal were bought by foreigners

October 28, 2019 RTP RTP Dinheiro Vivo
October 28, 2019
RTP
RTP
Dinheiro Vivo

Last year, eight percent of the properties sold in Portugal were bought by foreigners. There are almost 20 thousand houses that have yielded more than 3.4 billion euros. They buy to invest, but many want to reside in Portugal.

Portugal increasingly captivates the look of foreigners. And not just to visit. Foreign investment is increasingly weighted in real estate accounts.

  The real estate market breaks record sales and is already worth 12 percent of the national gross domestic product.

This article is an abbreviated version of the original. To read the full article, click here.

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