Is investing in Portuguese real estate a good choice? 3 answers

Völkers (E&V).

"The combination of good weather, quality of life, proximity to beaches and the fact that Portugal is the sixth safest country in the world make it very attractive for foreign investment," the statement said.

The real estate intermediary said there are three reasons that show that investing in real estate in Portugal is a good option.

• 1. Competitive house prices.
  Despite the continuous growth in demand for real estate in Portugal, prices remain competitive compared to other European countries. According to the National Institute of Statistics, in the last quarter of 2022, the average price per square meter in Lisbon was around €1,446, which''is "very competitively priced compared to other European cities".
• 2. A great investment opportunity for those looking for long-term income.
  In terms of profitability, Portugal remains one of the most popular destinations in Europe, with the tourism industry continuing to grow. "This is leading to an increase in demand for short-term rental properties, which becomes a great opportunity for those looking to invest in Portugal," E&V said in a statement.
• 3.