Buying a house in Portugal has proven to be an extremely attractive option for foreign investors . This seductive capacity of our country, consolidated over the years, has placed it on the map of the most desirable destinations globally.
Throughout this article, learn about some of the reasons that justify the growing trend to invest in Portugal.
Main reasons to buy a house in Portugal
The country’s socio-economic stability
Portugal is unquestionably going through a period of vitality from a financial point of view. According to the economic bulletin released by Banco de Portugal, the GDP growth trajectory seen in 2021 is expected to continue in 2022 .
Also according to data from the National Statistics Institute, the unemployment rate recorded at the beginning of this year is the lowest in the last 20 years, standing at 6%. All of this translates into greater openness to investment , regardless of the purpose, and a visible increase in demand for property in Portugal.
The opportunity for portfolio diversification
Typically, an investor operating in the real estate market seeks to diversify their investments as much as possible . Its portfolio is made up of a range of financial investments of a diverse nature and, desirably, assets that ensure profitability .
All investments have some level of risk associated with them, so channeling all of your capital to a particular country will never be the best option.
Buying a house in Portugal , as a result of its stability, is a unique opportunity. On the one hand, it allows you to obtain interesting earnings through resale activity . On the other hand, the possibility of obtaining passive income from renting is equally attractive.
Good levels of security
Portugal maintains a constant presence in the top of the safest countries in the world . The Global Peace Index 2022 , released annually by the Institute for Economics and Peace , places our country in an outstanding fourth position. Only Iceland, New Zealand and Denmark rank higher .
This means that Portugal is rated as the second safest country in the world among members of the European Union. This sense of security , widely shared by Portuguese society, has a very positive influence on the actions of investors.
The mild climate
The Mediterranean climate is one of the factors that most contributes to a foreign investor wanting to buy a house in Portugal.
As a rule, our country has meteorological behavior with few fluctuations throughout the year. Despite the natural differences between summer and winter, the seasons in Portugal are marked by their pleasantness.
Portuguese hospitality
There are countries that express the art of welcoming in a very particular way and Portugal is certainly one of them.
In general, the Portuguese demonstrate a patriotic stance, with pride in their historical past, in gastronomy and in their own regionalism, but open to foreigners.
Hospitality is, in fact, a typical characteristic of the Portuguese . For this reason, tourists and expatriates tend to be warmly welcomed in our country.
DS PRIVATE and luxury real estate
The demand, both internal and external, for luxury real estate in Portugal has intensified.
DS PRIVATE was created to simplify the entire process of acquiring properties of this type and the tasks surrounding the process. This is a company specialized in the luxury segment that provides a unique offer on the market.
Being at the forefront of advising on high-quality homes, the brand brings together real estate brokerage , credit brokerage and construction activities .
Buying a house in Portugal has never been so attractive! Visit the DS PRIVATE website and learn in detail about the areas of intervention of this booming premium brand
