With 2020 being marked by the Covid-19 pandemic and the economic difficulties it has brought to many Portuguese and to various sectors of activity, the Portuguese real estate market has also suffered declines compared to the previous year, although it has experienced what was its third best year ever. It is estimated that the Portuguese have invested 24 billion Euros in house purchase during this year - down 4% on the 25.1 billion Euros invested in residential in 2019.
This article is an abbreviated version of the original. To read the full article, click here.