The most beautiful cities of Portugal for life and rest

The most beautiful cities of Portugal for life and rest

In 2017 Portugal showed the impressive economic growth which was highly appreciated by the European Commissioner for economy and financial affairs Pierre Moscovici. Instead of the planned growth in 1.6%, GDP of the country grew to 2.7%, having shown the best result in the European Union.

Rapid development is caused by growth of domestic demand and investments. As a result, Portugal from the lagging behind countries of the Eurozone passed into number of steadily developing. The trend of continuous growth is observed the third year that does not want to be disregarded.

For this reason, today we will talk about benefits of investment into the real estate of Portugal. Let's consider large financial centers and the tourist cities, we will get acquainted with culture and features of everyone. If in the course of reading you have questions, please, remember them, and write down better and at the end of reading call us, we will consider them in more detail.

So, Portugal! The most western state in continental Europe. On the one hand it is washed by the Atlantic Ocean, with another - there is Spain. Pleasant "neighbors" - already good start. The country is a part of the UN, NATO, the EU, the Schengen area and the eurozone. The capital is Lisbon.

What do we know about Portugal? Data disperse, but if to generalize - beautifully, atmospherically, definitely not a mainstream. The last fact is especially felt in the sphere of purchase of housing. In Portugal the Russian investors, of course, meet, but in comparison with the same Spain their number is much less. The reason is obvious - buyers are not ready to penetrate into market subtleties, and agents do not seek to overpersuade therefore it is necessary to spend more in other countries, to buy not always the best options, but quickly and everything is clear. We suggest to go unusual, but extremely profitable road.

Look narrowly! By the way, we say about the leader Evrozony in GDP growth (in 2017) that already in itself it is promising. Add comfortable conditions for life, availability of attractive programs for investors and more pleasant prices here, than in the "untwisted" European countries.

Official statistics showed that in 2017 in Portugal it was 19.4% more than real estate transactions, than in 2016. More than 35,000 objects replaced owners and it in only 1 quarter. The total cost of all transactions already in the first quarter was higher than 2017, than for all 2016. Even significant increase in the prices did not affect popularity of the Portuguese real estate. The importance was played by a so-called investment program "the gold visa" which was recognized the best in the rating of Global Residence and Citizenship Programs.

Among other things, It is necessary to tell that it is profitable possible to purchase the real estate in Portugal even in the capital. For comparison, the average price of square meter in London - 27,000 euros, in Paris - 18,000 euros, in Berlin - 12,000 euros, in Madrid - 10,000 euros, and in Lisbon - 8,000 euros. Agree, is over what to think. And while you reflect, allow to tell about the most interesting cities for life and purchase of housing in Portugal.

                                                        Lisbon.

Since 2016 in Lisbon good dynamics in many economic spheres is observed. So, for example, unemployment rate decreased from 18% (2013) to 12% (2016). In the city the new companies open, the volumes of investment grow. Lisbon imperceptibly for all became the center of technology innovations in Europe: in the city large IT conferences are held, perspective startups "move" here.

In Portugal in general, and in Lisbon in particular, perfectly thought over infrastructure. The World Economic Forum awarded it the 36th place from 144. Therefore, here not only it is pleasant to have a rest, but also comfortably to live. This fact affects the prospect of delivery of the real estate purchased in Lisbon, demand year-round here.

The competent reforms undertaken in 2012 simplified the procedure of rental housing that drew at once attention of such companies as Stone Capital which bought up the best buildings in the historic center for the subsequent transfers to lease. The market of a commercial real estate gained development too and at the moment is quite good business.

By the way, about business: the World Bank delivered Portugal on the 23rd place (from 189) in the rating of the countries, comfortable for business.

If you want to purchase the real estate in Lisbon, we suggest to get acquainted with possible options in our catalog.

The next benefit of Lisbon - the cost of square meter in the capital rises in price quicker, than on average in the country. So in 2016 the price for a square was 11.9% higher, than in 2013.

                                                      To Algarva.

Prophesy to the resort the future of the Californian Miami. Local realtors report that about 70% of all buyers - British, Irish and Brazilians. The favorable climate, tax benefits, small percent of crime made Portugal attractive to foreigners which were tired of high taxes in the country.

Thanks to influx of successful public, the cost of the elite real estate grows in Portugal for 10% annually within three years. For the first quarter 2018 of real estate price in Algarva grew by 4.9%. One more reason for which the resort was entitled "the European Miami" - the developed infrastructure for wealthy people. There are a lot of equipped golf fields, wonderful beaches, restaurants, a marine for super-yachts, smoothly running air traffic, generally, is everything that is necessary for ideal, magnificent life.

Clients prefer to buy country houses in Algarva for own accommodation. But we recommend to consider option of leasing when you are on a trip as during a "high" season the cost of lease of elite housing in a week varies from 10,000 to 50,000 euros. You should not refuse such amount precisely!

                                                             Porto.

The beautiful, ancient city enjoys popularity at foreigners too. Those who already purchased the real estate in Porto with a big piety speak of how people of different mentalities live in one territory in peace and friendship. In it a big merit of locals - Portuguese, Spaniards, Italians very hospitable people: and will favor a smile, and will greet, and council will help.

The housing prices almost do not differ from Lisbon, but also there is a lot of elite objects. You will find fine options in our catalog. For example, magnificent apartments with 5 bedrooms. The area of the apartment - 281 sq.m, carried out finishing works, eco-friendly materials are used, in the bathroom all plumbing fixtures, in kitchen a sound set with the island, an extract and the necessary equipment are installed. In the apartment large windows are established, through them a lot of natural light arrives. It is possible to purchase such apartment in Porto for 603,100 euros.

In the suburbs it is worth looking out for the luxurious house or a country house. Such option will be suitable for big family much better.

Throughout a conversation, it is important to mention that Portugal is the ideal country for life with taste. Here all as if is created for satisfaction of need for beauty and pleasures - tasty food, beautiful landscapes, ancient architecture. The Porto center deserves special attention - all historic center is under protection of UNESCO and is big pride for locals. There is a tower Klerigush - the highest in all Portugal.

                                                           Kashkaysh.

Since 1870 favourite resort of the Portuguese nobility. The attention of high-ranking officials brought to the city huge benefit. Here introduced technologies quicker, constructed roads, built luxurious mansions and country houses, arranged well the territory under requests of exacting public. During World War II, Portugal kept a neutrality, and again Kashkaysh became a haven for representatives of the royal families expelled from own countries. All this left a mark of elitism and aristocraticness that is very demanded presently.

Real estate prices in Kashkayshe are higher, than in other seaside resorts of the country. According to experts, the capacity of the city is rather high to consider it the reliable place for investments. Country houses, apartments, at home, townhouses, mansions, a commercial real estate - in this city are what to choose from. Considering the general growth of an economic picture in Portugal, capital investments in local objects look very attractive scenario.

On it we, perhaps, will finish. In article there is a lot of valuable data. We hope, the overview of the most beautiful and investment attractive cities of Portugal, was useful to you. If you are interested and would like to learn more about tax benefits, "The gold visa" and other investment opportunities, just call us by phone number +7 (495) 258-8866 or leave the application on the website. Thanks for your attention!