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Buying a house is the main priority for the Portuguese.

Buying a house is the main priority for the Portuguese.

Buying a house is the main priority for the Portuguese.

Property ownership continues to be a very important issue for the Portuguese, and this is reflected in the data we collected, which shows that 68% of respondents own their homes, while only 32% rent, said Marta Almeida, national director of DS Imobiliária. According to a report by idealista, when surveying Portuguese people considering moving in a context where purchasing power is declining due to inflation and mortgage interest rates are rising, the responses were no different.

"Intentions regarding housing exchange also lean towards buying, with 90% wanting to buy compared to 10% wanting to rent," notes Marta Almeida, referring to the results of a study conducted by DS Imobiliária.

Among Portuguese families considering a change of residence, 58% say it will be their own home, while 25% aim for purely investment purposes. Already, 17% state that they would like to have a vacation home, according to the same data.

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