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Why purchase in Portugal?

Portugal is considered a favorable market for property investment due to several key factors:

Golden Visa Program: Portugal's Golden Visa program offers residency to non-EU investors who purchase property, making it a popular choice for international buyers. The visa can eventually lead to citizenship after five years, providing an attractive pathway to living in Europe.

Strong Tourism Sector: Portugal is a major tourist destination, and short-term rentals in tourist hotspots can generate significant income and contribute to increasing house prices throughout the market.

Quality of Life: Portugal is known for its high quality of life, including a mild climate, beautiful landscapes, safety, and rich cultural history. These factors attract both tourists and expatriates, driving demand for properties, especially in coastal and urban areas.

Rising Property Values: Property prices in Portugal have been steadily increasing, driven by strong demand from foreign investors, tourism, and economic recovery after the 2008 crisis. Although there is concern over affordability for locals, property investors can benefit from potential capital appreciation.

Stable Economy: Portugal's economy has been growing steadily, supported by sectors like technology, real estate, and tourism. A stable political climate and an improving economic situation add to the attractiveness for property buyers.

Attractive Mortgage Rates: Interest rates for mortgages in Portugal have been relatively low, making it easier for both locals and foreign investors to finance property purchases.