Portugal the ‘World’s Leading Destination’
Published on 11th December, 2018 by Natalia Martins
With banks delivering a poor return on savings, what better way to make money than to invest in real estate in Portugal?
According to the latest research from Confidencial Imobiliário Residential Price Index, the cost of Portuguese property was up by more than 15% in September 2018, compared to September last year.
Every month since July 2017, year on year increases have exceeded 10%, with May this year reaching a high of 16%.
Confidencial Imobiliário says housing prices began their recovery five years ago, but for two of those years, year-on-year increases remained below 3%. The consistent price increases led to prices being 10