Real estate investment in Portugal may amount to 3 billion euros in 2021

If you’re wondering whether this is the right moment to invest in Portugal, then we have good news: the short answer to your question is a resolute ‘Yes!’ Why? Because the figures behind the property market suggest you are not alone in this wish.

According to a recent report issued by the consultancy firm Prime Yeld, investment in the Portuguese real estate sector is expected to reach 3 billion euros throughout the current year. Also predicted is that foreign entrepreneurs will continue playing a lead role in this market.

The newest “Investment Guide for SOCIMIs and SIGIs” report thereby forecasts that property investment in Portugal will grow by 7% in 2021, compared to the previous year. In fact, 2020 – which coincided with the COVID-19 outbreak – moved a total of 2.8 billion euros.

Hotspots for investment

According to the same source, the key markets that are prone to attract more interest from entrepreneurs include offices, logistic hubs, and built-to-rent properties. When it comes to the housing market, student and senior residencies, along with co-living spaces are expected to be on the rise.

On the other hand, investments in the hotel industry may become especially focused in the Southern region of Portugal – the Algarve –, following the increasing demand for golf courses and summer tourism.

If you would like to learn more about the Portuguese real estate market, or if you are considering investing abroad, feel free to reach us anytime. We’ll be your best gateway to live and invest in Portugal!