Portugal is a high growth new market, with excellent investment potential. However, there are also many complicated procedures to navigate which investors find challenging to tackle on their own. With the help of IP Global’s research team and investment managers, this investor guide was developed to provide clarity on some of the more complicated elements of the investment journey in Portugal.
One of Europe’s oldest nations, Portugal offers a favourable investment climate. Home to 10.27 million citizens, the country boasts a stable political and social environment, a secure society, a highly skilled and English fluent labour force as well as an excellent quality of life.
In 2017 alone, the country benefitted from EUR6.9 billion in foreign direct investment, showing that Portugal is now firmly on the radar of investors worldwide.
One of Europe’s oldest countries, Portugal has distinguished itself in recent years as an undeniable destination for investment, both on the European and world stage. Foreign buyers have invested approximately €20 billion in Portuguese residential property between 2014-2018 alone, assisting not only to reinvigorate multiple Portuguese cities, but to also encourage growth of the entire economy.
Property investment opportunities in Portugal remain a sought-after asset class in 2020. As is the case around the world, Portugal's economy will contract in 2020 due to COVID-19, however, it is forecast to bounce back to 6% GDP growth in 2021. The current levels of FDI are impressive, with major investment in the housing market and Golden Visa programme. The growing employment prospects coupled with English being the majority-spoken language, are further compelling reasons to invest in property in Portugal.
USD 237.69 billion (2019)
12.2% (July 2019 – July 2020)
Portugal was the last country in Europe to register its first COVID-19 case, giving the government a valuable opportunity to make adequate health and economic preparations for the wave of the pandemic. The resulting mortality rate as of May 2020 is around 4% compared with over 15% in the UK and 19% in France. In essence, Portugal has managed to mitigate the effects of the global crisis putting itself in a position for rapid recovery long before its neighbouring countries...
Click here to learn more about how the Portuguese property market has stood strong against COVID-19.
One of Europe’s most popular visa schemes, Portugal launched its Golden Visa in 2012 as a residency-by-investment programme. Appealing due to its flexibility and benefits, the investor visa programme offers property investors the opportunity to gain EU citizenship in just 5 years for their family including dependent children.
As of 2020, there has been a new surge to invest in property in Portugal. In May, the investment raised through this programme skyrocketed by 192% to €146 million, having almost tripled compared to the same month of 2019.
Download our comprehensive guide today to learn how to benefit from Portugal’s Golden Visa programme.
We get it. You need to be careful where you put your money, now more than ever. Times like these re-establish why our chosen asset class is property. It has tangible value combined with a stable demand for as long as people need shelter.
But not all real estate investments offer security. If you come across an offer that sounds too good to be true, it probably is. With a brief track record, it’s easy for firms to claim perfection.
IP Global has 15 years of expertise investing over $3 billion across 28 markets for our clients. We have on average achieved 105% of our rental estimates upon completion and have helped arrange over 5000 mortgages globally since 2005.
Since 2019, IP Global has successfully invested over €16 million in Portuguese real estate and continues to look for opportunities in this resilient, high-growth new market.
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