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

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

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.

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