Portuguese real estate is Europe's "hottest" ... with a gold visa

"Europe's hottest property market is getting too hot for some." Who says so is Bloomberg, with the aim aimed at Portugal. According to the financial agency, the rent price boom - which is throwing many residents to the outskirts of cities - is directly related to the millions of euros injected by foreign investors through gold visas.

According to Bloomberg, Portugal currently has the most dynamic real estate market in Western Europe thanks to tax incentives granted to foreign buyers and the so-called gold visa program, which allows foreign citizens to obtain residence permits with a minimum investment of 500,000 euros.

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