Foreign buyers drive up property values in Portugal

Index Property Market-Index research has found that 4-bedroom properties in Portugal offer the best value for money compared to other European countries, the US, Canada, the UK, Hong Kong and other popular destinations around the world. The average cost of such real estate in Portugal is 300 thousand euros, which is half the cost of similar housing in the UK, where it sells for 650 thousand euros. In the United States, the price of a comparable-sized property will be 620 thousand euros, in Canada - 850 thousand euros, in Hong Kong - 3 million euros, in France - 450 thousand euros and in Germany - 400 thousand euros.

Portugal has always been an attractive option for real estate investment due to its excellent''value for money.

The above-mentioned figures also confirm this. Portugal's real estate sector has seen significant investment in the last decade, but there are still excellent opportunities for investors.

It is predicted that real estate prices in Portugal will continue to rise until 2024

due to limited supply and high demand from expatriates and wealthy investors. However, it is still possible to purchase property at a fantastic value for money compared to other international real estate markets. And this is expected to''will continue to attract thousands of wealthy investors to Portugal's thriving real estate scene until at least 2025.