Portugal is a "right investment” for real estate investors

According to a study by Berkshire Hathaway HomeServices, factors such as the low interest rate have contributed to the country becoming a technological hub and startups.

According to the study "European Summer Market Report", by Berkshire Hathaway HomeServices, Portugal attracts more and more foreign investors who have “a growing interest in investing and living” in our country.

The company says that “the fact that interest rates are low, when compared to other countries and there are several financial initiatives and possibilities to obtain a residence permit, have contributed to the country becoming a technological hub and startups with great relevance”.

Portugal provides a “more relaxed lifestyle combined with the possibility of remote work”, which drives the fixation of people and companies in the country.

Despite the existence of some “limitations in terms of real estate supply stock”, Portugal has advantages that make it a “successful investment”, according to Berkshire Hathaway. The company's general director in Portugal, Joe Pyke, points out that the real estate company has received “clients from all over Europe and, in particular, from the United Kingdom, since English is a very widely spoken language here” and from “buyers from the United States of America, especially from the West Coast”.

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