To attract investments, a stable and clear regulatory framework is necessary.
In recent years, political, tax, and legislative instability in Portugal has become a barrier for new businesses in the real estate sector, according to many national and international market players. This is a constant challenge for companies involved in promotion, construction, and brokerage in real estate.
Luis Filipe Silveira, Real Estate Director at Hipoges in Portugal
Hipoges' director of real estate in Portugal, Luiz Filipe Silveira is also concerned about this issue and warns that "it is important to have a clear and stable regulatory framework in the country to attract national and foreign investment." Nevertheless, he notes that Hipoges, founded in 2008 in Madrid, already manages "more than 49 billion euros of assets (credit management and real estate management)" worldwide. The executive also reports that Hipoges in Portugal has €7.5 billion in assets and manages about 5 thousand properties.When asked about the attractiveness of Portugal as a real estate investment destination, he replies that "the country is always attractive to investors: it has a privileged coastline, a pleasant climate, more attractive prices compared to other European countries, and is the 7th safest country in the world and 4th in the EU".Hipoges is successfully growing and strengthening its position in the real estate market in Portugal and other Southern European countries such as Spain, Italy and Greece.Recommended News
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The company adds value to different types of assets and attracts different kinds of clients such as individuals, private and institutional investors. The company is expected to continue to grow and attract new clients in 2024.Despite some challenges, Hipoges is ready to be part of the solution and ensure the stability of the real estate market in Portugal. In recent years, the company has successfully managed
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