Restrictions on Russian real estate purchases in the EU have limited impact on Portugal.

In Portugal, the activity of Russian real estate investors is low, so the ban on the purchase of real estate in the European Union for Russian citizens will not have a significant impact on the Portuguese market.
According to information published by Bloomberg on Wednesday, the ban may be included in the sixth package of European Union sanctions, which is expected soon.
In addition to banning the purchase of Russian oil and disconnecting one of the largest Russian banks, Sberbank, from the international Swift system, the ban may also extend to the purchase of real estate in the European Union.
But due to the low level of Russian investor activity in Portugal, the local market is not expected to' 'will feel a significant change.
Tags
We will find property in Portugal for you
- 🔸 Reliable new buildings and ready-made apartments
- 🔸 Without commissions and intermediaries
- 🔸 Online display and remote transaction
International Real Estate Consultant
Subscribe to the newsletter from Hatamatata.com!
Subscribe to the newsletter from Hatamatata.com!
Popular Posts
We will find property in Portugal for you
- 🔸 Reliable new buildings and ready-made apartments
- 🔸 Without commissions and intermediaries
- 🔸 Online display and remote transaction
International Real Estate Consultant
Subscribe to the newsletter from Hatamatata.com!
Subscribe to the newsletter from Hatamatata.com!
I agree to the processing of personal data and confidentiality rules of HatamatataNeed advice on your situation?
Get a free consultation on purchasing real estate overseas. We’ll discuss your goals, suggest the best strategies and countries, and explain how to complete the purchase step by step. You’ll get clear answers to all your questions about buying, investing, and relocating abroad.
Irina Nikolaeva
Sales Director, HataMatata