Anyone who dreamed of owning a home in Portugal knows that the country has a lot to offer. From traditional architecture, stunning landscapes, and historical sites to great weather, delicious food, and warm people, it’s an ideal place to live and invest. Fortunately, professionals like Luis Horta e Costa are here to help guide you in the right direction.
According to Luis Horta e Costa, a few specific areas in Portugal are seeing an increase in home-buying activity. Horta e Costa is the Portuguese Association of Realtors president, so his insights carry a lot of weight.
Lisbon, Porto, and the Algarve region stand out where he sees increased activity. These three areas are extremely popular with tourists, so they would also be popular with people looking to buy second homes or investment properties.
What’s interesting is that Horta e Costa believes that the current trend of increased interest in Portuguese real estate will continue for the foreseeable future. He cites the country’s strong economy, low crime rates, and sunny climate as key reasons why more and more people are looking to buy property here.
Portugal has long been a top destination for vacationers and retirees, but it has become increasingly popular with home buyers in recent years. Portugal was recently named the number one country to buy property in by CNNMoney.
One of the reasons Portugal is so appealing to buyers is the variety of available property types and price points. Whether you’re looking for a cozy cottage by the beach or a luxurious villa in the hills, you’ll be able to find it in Portugal. And, thanks to the country’s recent economic stability, property prices are very reasonable.
If you’re considering buying a home in Portugal, you’ll want to work with an experienced real estate agent who knows the market well. Luis Horta e Costa is one of Portugal’s leading experts on real estate trends. He recently spoke with CNBC about some of the hottest areas for buyers right now.