Portugal: Security and peace of mind or are the houses expensive?
Security and peace of mind or are the houses in Portugal expensive? Foreign investment, local housing, university housing, tax burden, low wages, Golden visas and digital nomads have come to shake up the housing market in Portugal. 4 minutes of reading Portugal has entered the radar of global investors due to the growth of tourism, golden visas (portuguese residence for investors) incentives and the fact that it is known as one of the quietest and safest countries to live in. To help, the average area of the houses is larger than in the rest of Europe. If every country in Europe has foreign investment programs, then why did they choose Portugal? A 1-bedroom apartment on Avenida da Liberdade in Lisbon can be worth 5,000 or 6,000 eur monthly rent. Tourism brings local accommodation, the tourist becomes a buyer and becomes a resident. According to Pordata (https://www.pordata.pt), worldwide events such as the Web Summit (https://websummit.com) attract around 30,000 technology ...