Why Portugal is Attracting Brazilian Investors - Why Portugal is Attracting Brazilian Investors

The real estate market in Portugal offers good opportunities for profit. Portugal continues to be one of the preferred places to live and invest among Brazilians. Every year, more and more families are moving to this country and investors are interested in real estate opportunities. This region is attractive due to its security, political and economic stability, ease of communication and affordable cost of living compared to other European countries. In such a situation, many invest in rental properties and earn attractive returns.

Leonia Pineiro

Leonia Pineiro, managing partner of CV Assessoria Internacional, a company specializing in immigration, citizenship and international affairs consultancy, explains that to invest in real estate in Portugal, Brazilians need to keep an eye on the market and look for properties that match their investment objectives. "Growing demand is driving up prices, making the country an interesting option for foreign investors," she points out.

Brazilians currently account for 30.6% of all transactions with foreign clients in this area. There are two types of Brazilian investors: those looking to change their lives, mainly interested in renting, and those seeking long-term returns, including the purchase of vacation homes.

In addition, the Portuguese government has changed the taxation of rentals, which makes things even easier for foreign investors. "The reduction of the tax rate from 28% to 20% and the possibility of a reduction to 15% when renting out a property for five years stimulates the rental market. The strong currency, the euro, and the stable market make Portugal a safe place to invest," comments Leonia.

The latest Engel & Volkers study also showed a slowdown in real estate prices in the country after several years of notable growth. Experts predict that this trend towards more affordable prices will continue.

Nevertheless, according to Portugal's National Institute of Statistics, the cost of renting a home in the country rose by 10.6% in the last quarter of 2022 compared to the same period in 2021. The opportunity to earn rental yields of 8-9% has been a decisive factor for Brazilians who are taking advantage of the opportunity to earn in euros.

About Leonia Pineiro

Leonia Pineiro is an entrepreneur with a solid background in Economics and Marketing, who accumulated 20 years of experience in the financial and administrative sector in Brazil, working for well-known international companies such as ABN Amro Bank, Redecard, Distribuidor Norsa da Coca-Cola Portugal and Buhmara & Romero Consultoria de Marketing. She then moved to Portugal, where she held important positions, including partner-director at Portugalle Consultoria Internacional since 2018, and at CV Assessoria Internacional. In her professional career, Leonia has held leadership positions in the coordination of teams and processes.

About CV Assessoria Internacional

CV Assessoria Internacional is a company specializing in immigration, citizenship and international affairs, founded to help its clients realize their dreams of working, investing or living abroad.

For more information, visit the CV Assessoria Internacional website or Instagram.