Immigration from Israel to Portugal: A New Chapter with Roca Estate

Welcome to Roca Estate, Portugal’s leading real estate agency, where your dream of a new life in Portugal becomes a reality. In this guide, we focus on the growing trend of immigration from Israel to Portugal, offering a new perspective on this life-changing decision. Delving into key comparisons between the two countries, we cover aspects such as quality of life, climate diversity, economic landscapes, and healthcare systems. Economic opportunities are a significant factor in the decision of immigration from Israel to Portugal. Further, we provide an insightful look into Portugal’s real estate market, detailing the advantages of property ownership in this beautiful country. Additionally, we discuss the legal frameworks and programs that facilitate moving to Portugal. At Roca Estate, we are committed to ensuring a seamless transition for those looking to make Portugal their new home.

Embracing Change: A Detailed Comparison Between Israel and Portugal

Immigration from Israel

Israel and Portugal, two nations with rich histories and vibrant cultures, offer unique experiences to their residents and visitors alike. While Israel is often celebrated for its technological innovations and deep historical roots, Portugal is renowned for its breathtaking landscapes and a more relaxed lifestyle. The cultural shift experienced through immigration from Israel to Portugal offers a unique blend of traditions and modernity. Both countries boast warm, hospitable people and a strong sense of community, making them attractive destinations for those seeking a new home. However, when we delve deeper into various aspects of life in these countries, we uncover distinct differences that set them apart.

Israel: A Dynamic Blend of Tradition and Innovation

Israel, a relatively young nation established in 1948, covers an area of approximately 22,072 square kilometers. Despite its small size, it boasts a population of around 9.3 million people, reflecting a diverse tapestry of cultures and ethnicities. Israel’s economy is a powerhouse in the Middle East, known for its cutting-edge technology and robust entrepreneurial ecosystem. The nation’s landscape is remarkably diverse, ranging from the fertile valleys of the Galilee to the arid Negev desert.

Portugal: Timeless Charm With Modern Living

Portugal, with a history that spans centuries, covers an area of 92,212 square kilometers. It has a population of about 10.3 million, offering a blend of traditional and contemporary lifestyles. The country’s economy is growing steadily, with significant contributions from tourism, agriculture, and renewable energy sectors. Portugal’s geography is equally diverse, featuring everything from the lush Douro Valley and Algarve’s stunning beaches to the mountainous regions of the north.

Climate and Geography

Immigration from Israel

The climate and geography of Israel and Portugal are distinct, each shaped by their unique geographical positions and topographical features. Adapting to the climate in Portugal is an important consideration for those looking into immigration from Israel. Israel, located at the eastern end of the Mediterranean Sea, encompasses a variety of climatic zones. The coastal areas along the Mediterranean experience hot, humid summers and mild, rainy winters, affecting major cities like Tel Aviv and Haifa. Inland, the central highlands, including Jerusalem, transition to a more temperate climate with cooler temperatures and occasional winter snowfall. The southern part of Israel is dominated by the Negev Desert, characterized by its semi-arid conditions, hot, dry summers, and mild winters with minimal rainfall. The Jordan Valley and the Dead Sea area, part of the Syrian-African Rift, experience a hot, dry desert climate with extreme temperatures in summer.

Immigration from Israel

Portugal, situated on the Iberian Peninsula and bordering the Atlantic Ocean, exhibits a diverse range of climatic conditions. The northern region, including cities like Porto, is influenced by a temperate maritime climate, leading to cooler, wetter weather, particularly in winter, and is known for its lush, green landscapes. The central and southern parts of Portugal, including Lisbon and the Algarve, enjoy a Mediterranean climate characterized by hot, dry summers and mild, moderately rainy winters. The Madeira and Azores archipelagos, located in the Atlantic, experience a subtropical climate. Madeira has mild temperatures year-round with moderate rainfall, while the Azores are known for their humid, temperate climate with more frequent rainfall and mild temperatures throughout the year. The interior regions of Portugal, particularly at higher elevations like the Serra da Estrela mountains, experience a more continental climate with hot, dry summers and cold, snowy winters.

Exploring the Social and Cultural Life of Israel and Portugal

Immigration from Israel

The cultural and social life in Israel and Portugal reflects the rich histories and diverse influences that have shaped these countries. In Israel, the cultural landscape is a mosaic of traditions and customs drawn from the Jewish diaspora and the various ethnic groups that reside within its borders. This diversity is evident in its vibrant social life, festivals, and culinary scene, which blend traditional Jewish culture with elements from Middle Eastern and Mediterranean cuisines. Israel’s society is also marked by its emphasis on family and community, with religious and national holidays playing a central role in social life. The country’s history, particularly its ancient biblical sites, significantly influences its cultural identity.

In contrast, Portugal’s cultural and social life is deeply rooted in its history as a maritime nation, which has brought a variety of cultural influences to its shores. Portuguese culture is characterized by a strong sense of tradition and history, evident in its architecture, music, and literature. The country’s social life revolves around family and community, with a laid-back approach to life that emphasizes enjoying simple pleasures. Festivals and religious observances, often honoring saints or historical events, play a significant role in Portuguese social life. Additionally, Portugal is known for its rich culinary traditions, with an emphasis on seafood and regional specialties, reflecting its geographical location and history.

Immigration from Israel

Both Israel and Portugal boast dynamic and diverse cultural scenes, with Israel being more influenced by its modern formation as a state and the diverse backgrounds of its population, while Portugal’s culture is shaped by its long history and maritime heritage. In both countries, the importance of family, community, and tradition is central to the social fabric, creating a welcoming and vibrant atmosphere for residents and visitors alike. Building a new community is a key part of the journey of immigration from Israel to Portugal.

Insight into Israel and Portugal’s Economic Profiles

Israel’s economy is distinguished by its high level of technological advancement and innovation. This is largely driven by substantial investments in research and development, particularly in the fields of high-tech and biotechnology. The country has earned a reputation as a “startup nation,” with a high concentration of startups per capita, especially in sectors like cybersecurity, medical technology, and agritech. This focus on technology has not only fueled domestic economic growth but also positioned Israel as a significant player in the global market, particularly in terms of technology exports. Alongside its technological prowess, Israel’s economy is bolstered by a strong industrial sector, which includes the manufacturing of products ranging from chemicals to electronics. Tourism also plays a vital role in the economy, with the country’s rich historical and religious sites attracting visitors from around the world.

Immigration from Israel

Portugal’s economy, on the other hand, is characterized by its diversity and the significant role played by the tourism, agriculture, and renewable energy sectors. The tourism industry has been a major driver of economic growth, benefiting from the country’s rich cultural heritage, historic cities, and beautiful landscapes. Agriculture remains a key sector, with Portugal being a significant producer of olive oil, wine, and cork. The textile industry, historically important for Portugal, continues to contribute to the economy, although it has faced challenges due to global competition. In recent years, Portugal has made notable advancements in renewable energy, particularly in wind and solar power, reflecting a growing commitment to sustainable development. The country’s economy has also been supported by its integration into the European Union, which has facilitated trade and investment.

The table below provides a comparative overview of key economic indicators for Israel and Portugal:

These indicators provide insights into the economic strengths and challenges faced by Israel and Portugal. Israel’s higher GDP per capita indicates a higher standard of living, while Portugal’s lower inflation rate suggests more stable consumer prices. The unemployment rate in Portugal is higher, reflecting different labor market conditions. Both countries have a trade deficit, with imports exceeding exports, a common characteristic in many developed economies. The external debt and foreign exchange reserves also highlight different aspects of their economic management and international economic relations.

Cost of Living in Two Countries

Immigration from Israel

The cost of living in Israel and Portugal varies significantly across different categories such as salary and financing, utilities, food, rent, transportation, and entertainment. This variation is reflected in the comparative data, which provides a detailed look into the expenses one might incur in each country.

In terms of salary and financing, the average monthly net salary (after tax) in Israel is significantly higher than in Portugal. However, this is counterbalanced by the cost of living, which is also higher in Israel. For instance, the cost of utilities (including electricity, heating, cooling, water, and garbage) for a standard apartment is almost double in Israel compared to Portugal. Similarly, expenses related to food, such as the cost of a meal in an inexpensive restaurant or the price of basic grocery items like milk, bread, and chicken, are notably higher in Israel.

When it comes to housing, rent prices in Israel are substantially higher than in Portugal, both in city centers and outside of them. This trend extends to the real estate market, where the price per square foot to buy an apartment in the city center or outside of it is significantly higher in Israel.

Transportation costs, including the price of gasoline, monthly public transport passes, and taxi fares, also show a noticeable difference, with Israel being more expensive in most aspects. However, the cost of purchasing a new car, such as a Volkswagen Golf or Toyota Corolla, is somewhat lower in Portugal.

Entertainment and leisure activities, including fitness club memberships, cinema tickets, and dining out, are more affordable in Portugal. This is indicative of a generally lower cost of living in Portugal compared to Israel.

The following table provides a comparative overview of these costs:

Healthcare

Immigration from Israel

The healthcare systems in Israel and Portugal exhibit both similarities and differences, reflecting their respective approaches to public health and medical services.

Israel’s healthcare system is known for its high quality and efficiency. It is based on a universal healthcare model, where citizens are entitled to healthcare services under the National Health Insurance Law. The system is funded through taxation and is administered by a small number of organizations known as Health Maintenance Organizations (HMOs). These organizations are responsible for providing a wide range of medical services to their members. Israel is particularly renowned for its advancements in medical research and technology, contributing significantly to its healthcare system’s effectiveness.

Immigration from Israel

Portugal also offers a universal healthcare system, known as the Serviço Nacional de Saúde (SNS), which provides comprehensive coverage to all residents. The system is funded primarily through general taxation. Healthcare services in Portugal include preventive, diagnostic, therapeutic, and rehabilitative care. The country has made significant strides in improving its healthcare infrastructure and services, though it faces challenges such as longer waiting times for certain procedures compared to Israel.

Both countries have a high life expectancy, indicative of the overall effectiveness of their healthcare systems. The healthcare system in Portugal presents new advantages for those considering immigration from Israel. Israel’s life expectancy is slightly higher than Portugal’s, which can be attributed to various factors, including the level of medical technology and the efficiency of healthcare services. Additionally, both countries have a well-trained medical workforce, ensuring a high standard of care for patients.

In conclusion, the comparative analysis of Israel and Portugal across various parameters such as economy, cost of living, healthcare, and quality of life reveals distinct differences and unique advantages for each country.

Portugal, with its higher Quality of Life Index of 169.34 compared to Israel’s 148.98, demonstrates significant advantages in several areas. The quality of life in Portugal is a major attraction for immigration from Israel. The cost of living in Portugal is generally lower, with a Cost of Living Index of 45.27 against Israel’s 67.82. This is reflected in more affordable housing, utilities, and daily expenses. Portugal also boasts a higher Safety Index (69.27) and a very high Climate Index (97.81), contributing to a comfortable and secure living environment.

Immigration from Israel

The healthcare systems in both countries are robust, offering high-quality medical services, but Portugal benefits from a more comprehensive coverage under its universal healthcare system. Additionally, Portugal’s focus on sustainable development and renewable energy is a testament to its commitment to environmental conservation.

Economically, while Israel has a slightly higher GDP per capita, indicating a higher standard of living, Portugal’s diverse economy, with significant contributions from tourism, agriculture, and renewable energy, offers a stable and varied economic landscape.

In summary, Portugal presents several advantages for those considering immigration or relocation, including a lower cost of living, a pleasant climate, a high standard of healthcare, and a safe and stable living environment. These factors, combined with its rich cultural heritage and scenic beauty, make Portugal an attractive destination for those seeking a high quality of life.

Housing Prices and Advantages of Buying Property in Portugal

The real estate markets in Israel and Portugal are distinct in their characteristics, trends, and opportunities. A detailed comparison reveals why Portugal is becoming an increasingly popular choice for property investment and residency.

In-Depth Market Features

Immigration from Israel

Israel’s Real Estate Market: High Demand and Premium Pricing

Urban Focus: In Israel, the real estate market is heavily concentrated in urban areas, particularly in cities like Tel Aviv, Jerusalem, and Haifa. These cities are the epicenters of economic, cultural, and social life, which naturally drives a high demand for housing. The limited availability of land in these urban areas further exacerbates this demand, leading to a competitive market with premium pricing.

Population Growth and Urban Development: Israel’s population is steadily growing, and with it, the demand for housing. This growth is not just in numbers but also in affluence, as the country’s economy continues to strengthen. The urban development projects in major cities are a response to this demand, but they also contribute to the rising property prices, as new developments often cater to the higher end of the market.

Investment Hotspot: Despite the high prices, the Israeli real estate market is seen as a lucrative investment opportunity. The steady appreciation of property values makes it an attractive option for both local and international investors. This investment interest further fuels the market’s dynamism but also contributes to the affordability challenges faced by first-time homebuyers.

Portugal’s Real Estate Market: Diversity and Accessibility

Wide Range of Options: Portugal’s real estate market is characterized by its diversity. From the bustling streets of Lisbon and Porto to the serene landscapes of the Algarve and the rustic charm of the Douro Valley, the market caters to a wide spectrum of preferences and budgets. This diversity is one of Portugal’s key strengths, attracting a varied demographic of buyers and investors.

Growth in the Luxury Segment: The luxury segment of Portugal’s real estate market, particularly in coastal regions and urban centers, has seen substantial growth. Properties such as high-end villas, penthouses, and renovated historical buildings are particularly popular among affluent buyers. This segment’s growth is not just driven by the living standards and amenities these properties offer but also by the lifestyle and cultural richness that Portugal is known for.

Immigration from Israel

Rural and Suburban Appeal: Beyond the luxury segment, Portugal’s real estate market also offers affordable options in rural and suburban areas. These areas are attracting buyers looking for a quieter lifestyle or a retreat from the hustle and bustle of city life. The affordability of properties in these regions, combined with the country’s overall high quality of life, makes them attractive for retirees, families, and remote workers.

Price Dynamics and Trends

Israel’s Real Estate Market: Steady Growth Amidst High Demand

The Israeli real estate market has shown a consistent upward trend in property prices, particularly in urban areas. According to data from the Central Bureau of Statistics, there has been a notable increase in house prices over the years. For instance, in 2023, the quarterly change in house prices, adjusted for inflation, showed variations with a 0.54% increase in Q1 and a -1.91% decrease in Q2. This fluctuation reflects the dynamic nature of the market, influenced by factors such as economic growth, urban development, and population increase.

Immigration from Israel

The trend over the past decade has been predominantly positive, with only a few quarters showing a decline in prices. This steady growth is a testament to the robustness of the Israeli real estate market, driven by high demand in major cities and limited land availability.

Portugal’s Real Estate Market: Moderate and Steady Price Increases

In contrast, Portugal’s real estate market has experienced more moderate but steady growth in property prices. Data from the European Central Bank indicates that the Portuguese market has seen a consistent rise in house prices, albeit at a slower pace than Israel. For example, in 2023, the quarterly change in house prices in Portugal showed an increase of 3.62% in Q1 and 0.95% in Q2, adjusted for inflation.

Immigration from Israel

The Portuguese market has been less volatile compared to Israel, with a more gradual increase in prices. This steady growth pattern makes the Portuguese real estate market attractive for long-term investment and residential purposes. The market’s stability is appealing to buyers who are looking for affordable options without the rapid price escalations seen in other markets.

The Israeli and Portuguese real estate markets present two different scenarios. Israel’s market is characterized by high demand and rapid price increases, especially in urban centers. This has led to a competitive market with high property values. On the other hand, Portugal’s market is marked by its gradual and steady growth, offering more affordable and stable investment opportunities.

Comparative Cost Analysis

The real estate markets of Israel and Portugal present contrasting landscapes in terms of property prices, both in cities and outside of them.

Property Prices in Cities

In Israel, the cost of buying an apartment in the cities is significantly higher compared to Portugal. According to Numbeo, the price per square meter to buy an apartment in the city center in Israel stands at approximately €7,636.29. This high cost is indicative of the robust demand and limited space in major Israeli cities.

On the other hand, Portugal offers more affordable options in its cities. The price per square meter to buy an apartment in the city center in Portugal is around €2,713.05. This lower price point makes Portugal an attractive destination for those seeking urban living at a more reasonable cost.

Property Prices Outside Cities

The trend of higher property prices in Israel continues outside of cities. In Israel, the price per square meter to buy an apartment outside of the center is approximately €5,920.78. This reflects the overall high cost of living and the demand for property across the country.

Conversely, Portugal’s property prices outside cities are considerably lower. The price per square meter to buy an apartment outside of the center in Portugal is around €1,855.59. This difference highlights Portugal as a more accessible market for those looking to buy property in less urbanized areas.

Comparison of Real Estate Prices per Square Meter

Investment and Lifestyle Advantages in Portugal

  • Diverse Investment Options: Portugal’s real estate market caters to a wide range of preferences and budgets, from urban apartments to luxurious villas and penthouses.
  • High Rental Yields: Cities like Lisbon and Porto offer attractive rental yields, particularly in the tourist sector, making them ideal for investment properties.
  • Lifestyle Benefits: Portugal is renowned for its pleasant climate, rich cultural heritage, and high quality of life, adding intrinsic value to property ownership.
  • Tourism and Retirement Haven: With its beautiful landscapes, safe environment, and affordable cost of living, Portugal is a popular destination for tourists and retirees alike.

In summary, while Israel’s real estate market is characterized by its robustness and high demand in urban areas, Portugal offers a more varied and accessible market with significant advantages for investment and lifestyle. The affordability, coupled with high quality of life and investment incentives, make Portugal an attractive option for property buyers and investors. Whether it’s for a city apartment, a luxurious villa, or a scenic penthouse, Portugal’s real estate market caters to a wide array of preferences and budgets.

Laws and Programs for Moving to Portugal

Immigration from Israel

Portugal offers a variety of programs and legal pathways that cater to different types of immigrants, including those of Sephardic Jewish descent, digital nomads, entrepreneurs, and individuals seeking favorable tax conditions. Each of these programs is designed to simplify the immigration process and provide attractive conditions for new residents.

Sephardic Jews Immigration Program

Portugal acknowledges its historical connection to Sephardic Jews and offers a special program for their descendants. This program provides a streamlined process for obtaining Portuguese citizenship. Eligible individuals must demonstrate a traditional connection to a Sephardic community of Portuguese origin. This is typically done through family surnames, language, direct or collateral ancestry, and family records.

The process involves submitting an application along with the necessary documentation to prove Sephardic heritage. Once approved, applicants can obtain Portuguese citizenship without the requirement of residency in Portugal. This program has been particularly popular among Sephardic Jews from countries like Israel, Turkey, and Brazil.

Other Programs

Digital Nomad Visa

The Digital Nomad Visa is a recent addition to Portugal’s immigration options, catering to the growing trend of remote working. This visa is ideal for individuals who work remotely for companies that are based outside of Portugal. To qualify for this visa, applicants must meet the following criteria:

  1. Proof of Stable Income: Applicants must demonstrate a consistent and stable income from their remote work. This is to ensure that they can support themselves while living in Portugal.
  2. Employment with a Non-Portuguese Company: The applicant should be employed by, or have a contract with, a company based outside of Portugal.
  3. Remote Work Capability: The nature of the applicant’s work should be such that it can be performed remotely, without being location-specific.

The Digital Nomad Visa allows individuals to experience living in Portugal while continuing their existing employment. It’s an attractive option for those who wish to enjoy the Portuguese lifestyle without disrupting their professional life.

Startup Visa

The Startup Visa program is designed to attract international entrepreneurs interested in establishing their startups in Portugal. This program is part of Portugal’s initiative to boost innovation and economic growth. Key aspects of the Startup Visa include:

  1. Innovative Business Plan: Applicants must present a business plan that demonstrates innovation, scalability, and potential for job creation.
  2. Economic Viability: The startup should have the potential to generate turnover and create jobs.
  3. Minimum Financial Requirement: Entrepreneurs must have sufficient financial resources to support themselves and their projects during the initial stages.

Successful applicants are granted a residency visa, which can eventually lead to permanent residency and citizenship. The program also provides support in terms of networking, access to potential investors, and assistance with integration in Portugal.

Non-Habitual Resident (NHR) Tax Regime

The NHR program is a tax regime offering favorable conditions for individuals who have not been tax residents in Portugal in the last five years. The program is designed to attract skilled professionals, high-net-worth individuals, and retirees. Key benefits include:

  1. Tax Exemptions: NHR status provides exemptions on foreign-sourced income, such as pensions, dividends, royalties, and interest.
  2. Reduced Tax Rates: Certain Portuguese-sourced incomes, like salaries from high-value-added activities, are taxed at a flat rate of 20%, significantly lower than standard rates.
  3. Duration of Benefits: The NHR status is valid for ten years, offering a decade of tax advantages.

The NHR program is particularly appealing to retirees and professionals with substantial income from outside Portugal, allowing them to benefit from the country’s mild climate and high quality of life while enjoying significant tax advantages.

These programs collectively make Portugal an attractive destination for a wide array of individuals, from digital workers and entrepreneurs to those seeking tax-efficient residency. They reflect Portugal’s openness to global talent and its commitment to fostering a diverse and dynamic community.

Step-by-Step Plan to Immigrate from Israel to Portugal

Immigration from Israel

Immigrating from Israel to Portugal involves a series of steps, each crucial for a smooth transition. Here’s a comprehensive guide to help you navigate the process:

Step 1: Research and Decision-Making

  • Understand Your Options: Research the various residency programs Portugal offers, such as the Golden Visa, Non-Habitual Resident (NHR) program, Digital Nomad Visa, and the Sephardic Jews Immigration Program.
  • Evaluate Your Eligibility: Assess which program best suits your circumstances based on your heritage, professional status, investment capacity, or other relevant criteria.
  • Plan Financially: Consider the cost of living, real estate prices, tax implications, and other financial aspects of moving to Portugal.

Step 2: Gather Necessary Documentation

  • Personal Documents: Prepare your passport, birth certificate, and other personal identification documents.
  • Proof of Income or Financial Stability: This may include bank statements, employment contracts, or proof of investment funds, depending on the chosen immigration program.
  • Criminal Record Check: Obtain a criminal record certificate from Israeli authorities, as most residency programs require a clean criminal record.
  • Health Insurance: Secure comprehensive health insurance that is valid in Portugal.

Step 3: Choose and Apply for the Appropriate Visa/Program

  • Select the Right Program: Based on your research and eligibility, choose the program that aligns with your immigration goals.
  • Complete Application Forms: Fill out the necessary application forms for the chosen program. This can often be done online.
  • Submit Documentation: Along with your application, submit all the required documentation, including proof of eligibility for the specific program.

Step 4: Find Accommodation

  • Research Housing Options: Look into the real estate market in Portugal to find suitable accommodation. Consider factors like location, type of property, and budget.
  • Engage a Real Estate Agency: Consider working with a reputable agency like Roca Estate to find the ideal property that meets your needs and investment goals.

Step 5: Plan Your Move

  • Organize Logistics: Plan the logistics of your move, including shipping personal belongings, arranging travel, and ensuring you have temporary accommodation if needed upon arrival.
  • Learn About Portuguese Culture and Language: Familiarize yourself with Portuguese culture and consider learning the language to ease your integration into the community.

Step 6: Finalize Residency and Settle In

  • Attend Necessary Appointments: Once in Portugal, you may need to attend interviews or additional appointments as part of your residency application.
  • Register with Local Authorities: Register your address with the local town hall and obtain your tax identification number (NIF).
  • Open a Bank Account: Set up a local bank account, which is essential for various transactions and services in Portugal.

Step 7: Enjoy Your New Life in Portugal

  • Explore and Integrate: Take time to explore your new surroundings, meet new people, and integrate into the local community.
  • Stay Informed: Keep yourself updated on any changes in immigration laws or residency requirements to maintain your legal status in Portugal.

Remember, each immigration journey is unique, and it’s important to stay flexible and patient throughout the process. Seeking advice from legal and immigration professionals can also be invaluable in navigating the complexities of moving to a new country.

How Roca Estate Can Assist You

Immigration from Israel

As you embark on your exciting journey from Israel to Portugal, we at Roca Estate are here to ensure that your transition is seamless and rewarding. Our expertise in the Portuguese real estate market, combined with our commitment to personalized service, makes us your ideal partner in this significant life change. Here’s how we can assist you:

Tailored Property Search

  • Understanding Your Vision: At Roca Estate, we begin by understanding your specific needs and preferences. Whether you’re seeking a cozy apartment, a luxurious villa, or a lucrative investment property, we tailor our search to match your unique requirements.
  • Diverse Property Options: Our extensive portfolio includes a variety of properties across Portugal, ensuring that we have something to suit every taste and budget.
  • Informed Decision-Making: Our team of experts provides insights into the local real estate market, helping you make informed decisions that align with your goals.

Legal and Administrative Support

  • Legal Expertise: We guide you through the legal aspects of property purchase in Portugal, ensuring full compliance with all regulations.
  • Streamlined Paperwork: From managing paperwork to overseeing transactions, we ensure a hassle-free process in acquiring your new property.

After-Sales and Ongoing Support

  • Ease of Settling In: Our support extends to helping you settle into your new home, providing information on local services, amenities, and community integration.
  • Continued Assistance: Our relationship with you doesn’t end with the property purchase. We are here to address any post-purchase needs or concerns.
  • Property Management Services: For investment properties, we offer property management solutions to ensure your asset is well-maintained and yields returns.

Personalized Investment Consultation

  • Strategic Investment Advice: For clients interested in real estate investment, we provide tailored advice to meet your investment objectives.
  • Market Insights: We offer in-depth market analysis, keeping you informed about growth opportunities and trends in the Portuguese real estate market.

At Roca Estate, we understand that moving to a new country is more than just a physical relocation; it’s a journey filled with aspirations and dreams. Our comprehensive services are designed to ensure that your move to Portugal is not just about finding a new home, but about creating a fulfilling and enriching life experience. Let us be your trusted partner in this exciting new chapter of your life.

Why Choose Roca Estate?

  • Local Market Knowledge: We have in-depth knowledge of the Portuguese real estate market.
  • Customer Service Excellence: Our commitment to customer satisfaction is unparalleled.
  • Efficient and Quality Services: We streamline the property buying process, making it convenient and hassle-free

Conclusion

Immigration from Israel

In conclusion,  immigration from Israel to Portugal offers a unique blend of opportunities, from the welcoming climate and rich cultural tapestry to the advantageous real estate market and favorable immigration programs. Whether you are drawn to Portugal for its quality of life, economic prospects, or the allure of its diverse landscapes, this country presents a compelling destination for Israelis seeking a change. The comparative analysis of Israel and Portugal underscores the distinct advantages Portugal offers, particularly in terms of cost of living, real estate affordability, and a supportive environment for both individuals and families.

As you consider this life-changing move, remember that Roca Estate is here to guide you every step of the way. Our expertise in the Portuguese real estate market, combined with our comprehensive range of services, makes us the perfect partner to help you navigate this transition. From finding your dream home to settling into your new community, we are committed to ensuring your move to Portugal is as seamless and enjoyable as possible. Contact Roca Estate today to embark on your journey to a new life in Portugal, where new adventures and opportunities await.

Ready to explore the possibilities of a new life in Portugal? We at Roca Estate are here to make your dream a reality. Fill out our contact form now and take the first step towards your exciting future in this beautiful country.

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The construction cost index for new residential buildings in Portugal as of July 2024 has increased by 3.6% year-over-year, reflecting stability from the previous month. A notable observation is the divergence between labor and material costs. While material prices decreased by 0.5%, labor costs surged by 9.1%. This trend indicates...

Read more...

Portuguese Set Records in Savings Deposits

According to information from the Bank of Portugal, Portuguese citizens have deposited more money than at any time in the past 21 years. In July, the amount of new deposits reached €12.559 billion, double what it was in the same month last year. This is the highest level recorded since...

Read more...

Government Measures Spur Youth Homeownership but Drive Up Prices in the Portuguese Real Estate Market

In recent months, the Portuguese government has implemented new policies aimed at facilitating homeownership for young people. These measures, introduced four months ago, include tax incentives and a government guarantee for 100% financing. The objective is to make purchasing a first home more accessible to younger demographics. Impact on Housing...

Read more...

ECB’s Anticipated Interest Rate Cut: A Positive Outlook for Portuguese Mortgage Holders and Real Estate Investors

As of late August 2024, the European Central Bank (ECB) is anticipated to implement its first interest rate cut in several years, reducing the main refinancing rate by 25 basis points to 4.25%. This change marks a significant shift in monetary policy, aimed at countering the declining inflation rates across...

Read more...

Portuguese Real Estate Market Continues Upward Trend with Eighth Consecutive Month of Price Growth

In August 2024, the Portuguese real estate market continued its upward trajectory, as indicated by the latest data from the Instituto Nacional de Estatística (INE). This report marks the eighth consecutive month of rising property valuations, with the average price per square meter increasing to €1,638, up from €1,632 in...

Read more...

Portuguese Mortgage Rates Fall Below 4.5% for the First Time Since October, Creating a Favorable Environment for Investors

In July, the implicit interest rate on mortgage loans in Portugal decreased to 4.487%, marking the first time it has fallen below 4.5% since October of the previous year. For new contracts, the rate dropped to 3.713%, the lowest level recorded since April of last year. The decline in mortgage...

Read more...

Steady Growth in Portuguese Construction Sector: June 2024 Sees a 2.5% Increase in Production

The latest report on the Portuguese construction sector reveals a 2.5% growth in the Index of Production in Construction for June 2024, reflecting a positive trend in the market. This growth, slightly higher than the previous month, indicates a stable and potentially lucrative environment for real estate investors. Additionally, the...

Read more...

Rising Construction Costs Driven by Labor Surge: Implications for Real Estate Investors in Portugal

The latest Construction Cost Index for New Housing in Portugal, as of June 2024, indicates a year-on-year increase of 3.7% in construction costs. This rise is driven predominantly by a substantial 8.4% increase in labor costs, with material costs remaining relatively stable, showing only a marginal 0.1% increase. This trend...

Read more...

Steady Growth in Portuguese Property Market: Median Bank Appraisals Reach €1,618 per Square Meter in June 2024

The recent report on bank appraisals in Portugal reveals a steady increase in property values, reaching a median value of €1,618 per square meter in June 2024. This figure marks a slight monthly increase of €8 (0.5%) and a year-on-year growth rate of 6.6%. Despite a 3.2% decrease in the...

Read more...

Luxury Real Estate in Lisbon: Market Continues to Surge

All 15 apartments in a soon-to-be-rehabilitated building in Lisbon were sold within 48 hours, highlighting the city’s robust demand for luxury housing. Lisbon remains the city with the highest property prices in Portugal, with a nearly 4% increase in housing valuations over the past six months. This high demand is...

Read more...

Decreasing Interest Rates: Opportunities and Challenges for Portuguese Property Investors

The Portuguese property market has shown significant developments in implicit interest rates for housing loans as of June 2024. The implicit interest rate for all housing loan agreements has decreased for the fifth consecutive month, reaching 4.513%, down from 4.556% in May. Notably, the interest rate for new contracts signed...

Read more...

Real Estate Prices in Lisbon: Twice the National Average

According to data from the National Institute of Statistics (INE), the average cost per square meter of housing in Portugal reached €1,644 in the first quarter of this year. In Lisbon, the most expensive municipality in the country, housing prices have significantly increased and now exceed the national average by...

Read more...

Government Delays Review of Land Use Law Aimed at Expanding Housing Plots Amidst Concerns Over Market Speculation

The Portuguese government has deferred the review of the land use law, which is intended to expand the availability of housing plots. Although the amendments were initially expected by July 12, the Ministry of Infrastructure and Housing has not set a new deadline. The ministry is progressing with these amendments...

Read more...

Agricultural Lands: A New Target for Real Estate Investors

The agroforestry sector in Portugal is currently undergoing a significant transformation through a process termed “financial integration.” This sector is attracting considerable attention from investment funds, primarily due to its high yields. Real estate agencies are closely monitoring this trend as it presents new opportunities for investment. According to Araújo,...

Read more...

Mixed Signals in the Portuguese Property Market: Rising Prices Amidst Declining Transactions and Permits

In 2023, the Portuguese construction and housing market presented a mixed picture of challenges and opportunities for real estate investors. The number of building permits decreased by 6.1% compared to the previous year, with 23,439 buildings licensed. Despite this decline, the number of dwellings licensed increased by 3.1%, indicating a...

Read more...

Portuguese Property Market Q1 2024: House Prices Show Varied Growth Amid Slowdown in Major Municipalities

The first quarter of 2024 in the Portuguese property market reveals several key trends that are essential for potential real estate investors to consider. Median house prices in Portugal have seen an overall increase, with notable growth in several populous municipalities and regions. Despite a year-on-year growth rate of 5.0%,...

Read more...

Moderate Growth in Portuguese Construction Sector Amid Slight Deceleration in May 2024

The latest report on the indices of Production, Employment, and Wages in Construction for May 2024 highlights moderate growth in the Portuguese construction sector. The Index of Production in Construction increased by 2.0% year-on-year, marking a slight deceleration from the 3.1% growth observed in April. Employment and wages in the...

Read more...

Rising Construction Costs in Portugal: A Double-Edged Sword for Real Estate Investors

The construction cost index for new housing in Portugal has shown a consistent upward trend, rising by 3.4% year-on-year as of May 2024. This increase is primarily driven by a significant rise in labor costs, which surged by 8.5%, while the cost of materials slightly decreased by 0.3%. For real...

Read more...

Portuguese Property Market Continues Upward Trend Amid Regional Disparities: May 2024 Bank Appraisal Report Highlights Investor Opportunities and Risks

The latest bank appraisals for May 2024 indicate continued growth in the Portuguese property market, with median values for both apartments and houses showing a steady increase. This is particularly evident in regions such as Greater Lisbon, where appraisal values have maintained a consistent upward trajectory. The data suggests that...

Read more...

Market Shifts in Portuguese Real Estate: Growth in Lisbon and the North, decline in the Algarve

In the first quarter of 2024, the Portuguese property market demonstrated a mix of stability and regional variations in terms of both the volume and value of transactions. Key regions such as Greater Lisbon and the North saw modest increases in their relative market shares, indicating ongoing demand and potential...

Read more...

Declining Interest Rates Enhance Investment Opportunities in Portuguese Housing Market Amid Rising Debt Obligations

In May 2024, the implicit interest rate for all housing loan agreements in Portugal decreased for the fourth consecutive month, reaching 4.556%. For contracts closed in the previous three months, the interest rate also saw a decline for the seventh consecutive month, now at 3.845%. Despite the reduction in interest...

Read more...

Portuguese Property Market Sees Decline in New Construction Permits Amid Rising Completed Buildings in Q1 2024

In the first quarter of 2024, the Portuguese property market presented a complex picture for real estate investors. According to the latest data on building permits and completed buildings, there was a notable decline in the number of buildings licensed for construction. Specifically, the total number of licensed buildings fell...

Read more...

Portuguese Construction Sector Shows Robust Growth in April 2024: Opportunities and Challenges for Real Estate Investors

In April 2024, the Portuguese construction sector exhibited noteworthy growth, reflecting positive trends that could significantly influence investment decisions in the property market. Key highlights from the report include: Conclusion for Real Estate Investors For real estate investors looking to enter or expand their presence in the Portuguese market, these...

Read more...

Portuguese New Housing Construction Costs Rise by 3.4% Amidst Surge in Labor Expenses and Material Price Fluctuations in April 2024

The April 2024 report on the Index of Construction Costs for New Housing (ICCHN) in Portugal provides crucial insights into the cost dynamics affecting new residential developments. Overall Construction Costs: Material Costs: Labor Costs: For real estate investors considering the Portuguese property market, these trends present both challenges and opportunities:...

Read more...

Portugal’s Commercial Property Market Sees Decade-High Growth Amidst Converging Price Trends with Residential Sector in 2023

In 2023, the Commercial Property Price Index (CPPI) in Portugal demonstrated significant resilience and growth, recording a 5.5% annual increase. This growth rate is the highest observed in the last decade and marks a notable improvement over the previous year’s 4.2% increase. However, it’s crucial to contextualize this within the...

Read more...

Declining Interest Rates Create Promising Opportunities for Real Estate Investors in the Portuguese Market

Recent Trends in Implicit Interest Rates in Portuguese Housing Loans April 2024 marks a significant point for real estate investors considering the Portuguese property market. The implicit interest rates for housing loans have shown a consistent downward trend for three consecutive months, with the rate decreasing from 4.613% in March...

Read more...

Portuguese Construction Sector Shows Resilience with 3% Growth in March 2024 Amid Market Challenges

The Portuguese construction sector exhibited a robust performance in March 2024, recording a year-on-year growth of 3.0% in production. Despite a slight deceleration from February’s figures, this consistent growth underscores the sector’s resilience and potential for sustained investment opportunities. Key Highlights: Conclusion for Real Estate Investors: For real estate investors...

Read more...

Rising Labor Costs Drive Moderate Increase in Portuguese Housing Construction Expenses for March 2024

As we evaluate the latest Construction Cost Index for New Housing in Portugal for March 2024, it is essential to consider its implications for the real estate market. The report from Statistics Portugal highlights a 2.1% year-on-year increase in the construction costs for new residential buildings. This rise is primarily...

Read more...

Property Market Exhibits Growth Amidst Cooling in Major Municipalities: Investment Insights for Q4 2023

The Portuguese property market, as indicated by the 4th quarter 2023 statistics, continues to exhibit considerable growth in house prices, particularly in high-demand areas such as Grande Lisboa, Algarve, and Área Metropolitana do Porto. Despite a slowdown in some municipalities, the year-on-year growth rate of 7.9% and the enduring premium...

Read more...

Turning Point Reached: Portuguese Housing Loan Rates Set for Further Decline

The recent data on implicit interest rates in housing loans reveals a trend that could influence real estate investment decisions in Portugal. For March 2024, the implicit interest rate for all housing loan agreements saw a decline to 4.613%, continuing a downward trend from the previous month. More specifically, for...

Read more...

Tourism Sector Shows Strong Growth in Early 2024

Based on the tourism activity data for February 2024, the Portuguese property market, particularly in the tourist accommodation sector, exhibits robust growth and resilience, making it an attractive prospect for real estate investors. The sector witnessed a significant increase in guests (+7.0%) and overnight stays (+6.4%) compared to the previous...

Read more...

Portuguese Construction Sector Shows Growth but Faces Emerging Challenges in February 2024

For real estate investors evaluating opportunities within the Portuguese market, the recent February 2024 data on “Indices of Production, Employment, and Wages in Construction” provides valuable economic indicators. The Index of Production in Construction showed a year-on-year increase of 4.7%, a modest deceleration from the previous month, yet indicative of...

Read more...

Latest on the Construction Cost Index for New Housing: Prices Are Rising Due to Labor Costs

The latest data from the Construction Cost Index for New Housing (CCINH) indicates a continued upward trend in construction costs in Portugal as of February 2024. Notably, there has been a year-on-year increase of 2.2% in these costs, slightly higher than the previous month’s figures. This increment is primarily driven...

Read more...

Price Growth Continues Amid Declining Transaction Volumes

The latest data shows that in 2023, the Portuguese real estate market demonstrated resilience with a continued increase in house prices, although the volume of transactions showed a significant decline. The House Price Index (HPI) observed an annual growth of 8.2%, albeit at a slower pace compared to the previous...

Read more...

Market Analytics

Record-Breaking August 2024: Portugal’s Tourism Boom Signals Strong Opportunities for Real Estate Investors

August 2024 proved to be a record-breaking month for Portugal’s tourism sector, with the latest data showing significant growth in accommodation revenues and visitor numbers. The robust performance of the tourism industry highlights the ongoing demand for accommodation, offering new perspectives for real estate investors interested in Portugal’s property market....

Read more...

Steady Growth in Portuguese Construction Sector Signals Opportunities for Investors

Overview of August 2024 Construction Data Recent data from August 2024 reveals consistent growth in the Portuguese construction sector, signaling stability and potential opportunities for investors. According to the official figures, the construction production index increased by 2.3% year-on-year. This growth marks a 0.5 percentage point improvement from July, demonstrating...

Read more...

Rising Construction Costs in Portugal: Labor Expenses Surge by 9.6% in August 2024

The real estate market in Portugal has been shaped by a number of key trends, and one significant factor is the rise in construction costs. According to the latest Construction Cost Index for New Housing report for August 2024, the cost of building new residential properties in Portugal has increased...

Read more...

House Prices on the Rise Again Across Europe

In recent months, house prices across Europe have resumed their upward trajectory, following a period of stagnation and even declines in some markets. This trend presents new opportunities and challenges for real estate investors, particularly in Portugal, where property values have shown consistent resilience and growth. Renewed Momentum in European...

Read more...

Portuguese Tourism Peaks in August 2024: Rising Opportunities for Real Estate Investment in Emerging Regions

The latest flash statistics for August 2024 reveal a robust performance in the Portuguese tourism sector. This period recorded a new monthly peak, with 3.8 million guests and 10.5 million overnight stays, showing a year-on-year growth of 5.9% for guests and 3.8% for overnight stays. Notably, this growth occurred despite...

Read more...

Portugal’s Housing Market Remains Strong: 8.2% Increase in Appraisals in August 2024

The real estate market in Portugal continues to show a steady upward trend, with new data on bank appraisals reflecting significant changes in housing values. According to the August 2024 bank appraisal data, the median value of housing increased to €1,664 per square meter, marking a 1.6% rise from the...

Read more...

Portugal’s Rental Market Surges in Q2 2024: Key Growth Areas

In the second quarter of 2024, Portugal’s rental market continued its upward trajectory, showcasing significant growth across various regions. The median house rental value of new lease agreements increased by 11.1% compared to the same period in 2023, standing at €8.08/m². This rise signals a robust demand for rental properties,...

Read more...

Portuguese Real Estate Market Sees Strong Growth in Q2 2024, Driven by Rising Prices and Increased Transactions

The second quarter of 2024 showed a continued and robust growth in Portugal’s real estate market, highlighted by both an increase in house prices and the number of transactions. For real estate investors considering entering the Portuguese market, this report provides important metrics to guide investment decisions. 1. House Price...

Read more...

Declining Interest Rates in Portuguese Housing Loans: Key Opportunities for Real Estate Investors

The Portuguese property market continues to be an attractive option for both domestic and international real estate investors. However, one of the key factors that affect profitability and long-term return on investment is the cost of financing, which is primarily influenced by interest rates on housing loans. Based on recent...

Read more...

Portugal’s Tourism Growth Offers Prime Opportunities for Real Estate Investors

The Portuguese tourism sector has long been a significant driver of economic activity, and its performance is closely linked to the real estate market, particularly for investors looking at opportunities in hospitality and short-term rental accommodations. The latest data from July 2024 provides valuable insights for real estate investors considering...

Read more...

Portugal’s Real Estate Market Rebounds in Q2 2024 with Surge in New Construction and Completed Projects

The Portuguese real estate market in the second quarter of 2024 presents a nuanced landscape, marked by modest growth in construction activity and a significant uptick in completed dwellings. For real estate investors eyeing opportunities in this market, understanding the trends and metrics from the latest data is essential for...

Read more...

Rising Wages and Production in Portugal’s Construction Industry: A Real Estate Investor’s Outlook

The Portuguese construction industry has demonstrated resilience and growth in recent years, offering a compelling landscape for real estate investors. The latest data from July 2024 provides valuable insights into this sector, highlighting trends in production, employment, and wages that may influence investment decisions. Below is a detailed analysis of...

Read more...

Rising Labor Costs Drive 3.6% Increase in Portuguese Housing Construction Expenses

The construction cost index for new residential buildings in Portugal as of July 2024 has increased by 3.6% year-over-year, reflecting stability from the previous month. A notable observation is the divergence between labor and material costs. While material prices decreased by 0.5%, labor costs surged by 9.1%. This trend indicates...

Read more...

Portuguese Set Records in Savings Deposits

According to information from the Bank of Portugal, Portuguese citizens have deposited more money than at any time in the past 21 years. In July, the amount of new deposits reached €12.559 billion, double what it was in the same month last year. This is the highest level recorded since...

Read more...

Government Measures Spur Youth Homeownership but Drive Up Prices in the Portuguese Real Estate Market

In recent months, the Portuguese government has implemented new policies aimed at facilitating homeownership for young people. These measures, introduced four months ago, include tax incentives and a government guarantee for 100% financing. The objective is to make purchasing a first home more accessible to younger demographics. Impact on Housing...

Read more...

ECB’s Anticipated Interest Rate Cut: A Positive Outlook for Portuguese Mortgage Holders and Real Estate Investors

As of late August 2024, the European Central Bank (ECB) is anticipated to implement its first interest rate cut in several years, reducing the main refinancing rate by 25 basis points to 4.25%. This change marks a significant shift in monetary policy, aimed at countering the declining inflation rates across...

Read more...

Portuguese Real Estate Market Continues Upward Trend with Eighth Consecutive Month of Price Growth

In August 2024, the Portuguese real estate market continued its upward trajectory, as indicated by the latest data from the Instituto Nacional de Estatística (INE). This report marks the eighth consecutive month of rising property valuations, with the average price per square meter increasing to €1,638, up from €1,632 in...

Read more...

Portuguese Mortgage Rates Fall Below 4.5% for the First Time Since October, Creating a Favorable Environment for Investors

In July, the implicit interest rate on mortgage loans in Portugal decreased to 4.487%, marking the first time it has fallen below 4.5% since October of the previous year. For new contracts, the rate dropped to 3.713%, the lowest level recorded since April of last year. The decline in mortgage...

Read more...

Steady Growth in Portuguese Construction Sector: June 2024 Sees a 2.5% Increase in Production

The latest report on the Portuguese construction sector reveals a 2.5% growth in the Index of Production in Construction for June 2024, reflecting a positive trend in the market. This growth, slightly higher than the previous month, indicates a stable and potentially lucrative environment for real estate investors. Additionally, the...

Read more...

Rising Construction Costs Driven by Labor Surge: Implications for Real Estate Investors in Portugal

The latest Construction Cost Index for New Housing in Portugal, as of June 2024, indicates a year-on-year increase of 3.7% in construction costs. This rise is driven predominantly by a substantial 8.4% increase in labor costs, with material costs remaining relatively stable, showing only a marginal 0.1% increase. This trend...

Read more...

Steady Growth in Portuguese Property Market: Median Bank Appraisals Reach €1,618 per Square Meter in June 2024

The recent report on bank appraisals in Portugal reveals a steady increase in property values, reaching a median value of €1,618 per square meter in June 2024. This figure marks a slight monthly increase of €8 (0.5%) and a year-on-year growth rate of 6.6%. Despite a 3.2% decrease in the...

Read more...

Luxury Real Estate in Lisbon: Market Continues to Surge

All 15 apartments in a soon-to-be-rehabilitated building in Lisbon were sold within 48 hours, highlighting the city’s robust demand for luxury housing. Lisbon remains the city with the highest property prices in Portugal, with a nearly 4% increase in housing valuations over the past six months. This high demand is...

Read more...

Decreasing Interest Rates: Opportunities and Challenges for Portuguese Property Investors

The Portuguese property market has shown significant developments in implicit interest rates for housing loans as of June 2024. The implicit interest rate for all housing loan agreements has decreased for the fifth consecutive month, reaching 4.513%, down from 4.556% in May. Notably, the interest rate for new contracts signed...

Read more...

Real Estate Prices in Lisbon: Twice the National Average

According to data from the National Institute of Statistics (INE), the average cost per square meter of housing in Portugal reached €1,644 in the first quarter of this year. In Lisbon, the most expensive municipality in the country, housing prices have significantly increased and now exceed the national average by...

Read more...

Government Delays Review of Land Use Law Aimed at Expanding Housing Plots Amidst Concerns Over Market Speculation

The Portuguese government has deferred the review of the land use law, which is intended to expand the availability of housing plots. Although the amendments were initially expected by July 12, the Ministry of Infrastructure and Housing has not set a new deadline. The ministry is progressing with these amendments...

Read more...

Agricultural Lands: A New Target for Real Estate Investors

The agroforestry sector in Portugal is currently undergoing a significant transformation through a process termed “financial integration.” This sector is attracting considerable attention from investment funds, primarily due to its high yields. Real estate agencies are closely monitoring this trend as it presents new opportunities for investment. According to Araújo,...

Read more...

Mixed Signals in the Portuguese Property Market: Rising Prices Amidst Declining Transactions and Permits

In 2023, the Portuguese construction and housing market presented a mixed picture of challenges and opportunities for real estate investors. The number of building permits decreased by 6.1% compared to the previous year, with 23,439 buildings licensed. Despite this decline, the number of dwellings licensed increased by 3.1%, indicating a...

Read more...

Portuguese Property Market Q1 2024: House Prices Show Varied Growth Amid Slowdown in Major Municipalities

The first quarter of 2024 in the Portuguese property market reveals several key trends that are essential for potential real estate investors to consider. Median house prices in Portugal have seen an overall increase, with notable growth in several populous municipalities and regions. Despite a year-on-year growth rate of 5.0%,...

Read more...

Moderate Growth in Portuguese Construction Sector Amid Slight Deceleration in May 2024

The latest report on the indices of Production, Employment, and Wages in Construction for May 2024 highlights moderate growth in the Portuguese construction sector. The Index of Production in Construction increased by 2.0% year-on-year, marking a slight deceleration from the 3.1% growth observed in April. Employment and wages in the...

Read more...

Rising Construction Costs in Portugal: A Double-Edged Sword for Real Estate Investors

The construction cost index for new housing in Portugal has shown a consistent upward trend, rising by 3.4% year-on-year as of May 2024. This increase is primarily driven by a significant rise in labor costs, which surged by 8.5%, while the cost of materials slightly decreased by 0.3%. For real...

Read more...

Portuguese Property Market Continues Upward Trend Amid Regional Disparities: May 2024 Bank Appraisal Report Highlights Investor Opportunities and Risks

The latest bank appraisals for May 2024 indicate continued growth in the Portuguese property market, with median values for both apartments and houses showing a steady increase. This is particularly evident in regions such as Greater Lisbon, where appraisal values have maintained a consistent upward trajectory. The data suggests that...

Read more...

Market Shifts in Portuguese Real Estate: Growth in Lisbon and the North, decline in the Algarve

In the first quarter of 2024, the Portuguese property market demonstrated a mix of stability and regional variations in terms of both the volume and value of transactions. Key regions such as Greater Lisbon and the North saw modest increases in their relative market shares, indicating ongoing demand and potential...

Read more...

Declining Interest Rates Enhance Investment Opportunities in Portuguese Housing Market Amid Rising Debt Obligations

In May 2024, the implicit interest rate for all housing loan agreements in Portugal decreased for the fourth consecutive month, reaching 4.556%. For contracts closed in the previous three months, the interest rate also saw a decline for the seventh consecutive month, now at 3.845%. Despite the reduction in interest...

Read more...

Portuguese Property Market Sees Decline in New Construction Permits Amid Rising Completed Buildings in Q1 2024

In the first quarter of 2024, the Portuguese property market presented a complex picture for real estate investors. According to the latest data on building permits and completed buildings, there was a notable decline in the number of buildings licensed for construction. Specifically, the total number of licensed buildings fell...

Read more...

Portuguese Construction Sector Shows Robust Growth in April 2024: Opportunities and Challenges for Real Estate Investors

In April 2024, the Portuguese construction sector exhibited noteworthy growth, reflecting positive trends that could significantly influence investment decisions in the property market. Key highlights from the report include: Conclusion for Real Estate Investors For real estate investors looking to enter or expand their presence in the Portuguese market, these...

Read more...

Portuguese New Housing Construction Costs Rise by 3.4% Amidst Surge in Labor Expenses and Material Price Fluctuations in April 2024

The April 2024 report on the Index of Construction Costs for New Housing (ICCHN) in Portugal provides crucial insights into the cost dynamics affecting new residential developments. Overall Construction Costs: Material Costs: Labor Costs: For real estate investors considering the Portuguese property market, these trends present both challenges and opportunities:...

Read more...

Portugal’s Commercial Property Market Sees Decade-High Growth Amidst Converging Price Trends with Residential Sector in 2023

In 2023, the Commercial Property Price Index (CPPI) in Portugal demonstrated significant resilience and growth, recording a 5.5% annual increase. This growth rate is the highest observed in the last decade and marks a notable improvement over the previous year’s 4.2% increase. However, it’s crucial to contextualize this within the...

Read more...

Declining Interest Rates Create Promising Opportunities for Real Estate Investors in the Portuguese Market

Recent Trends in Implicit Interest Rates in Portuguese Housing Loans April 2024 marks a significant point for real estate investors considering the Portuguese property market. The implicit interest rates for housing loans have shown a consistent downward trend for three consecutive months, with the rate decreasing from 4.613% in March...

Read more...

Portuguese Construction Sector Shows Resilience with 3% Growth in March 2024 Amid Market Challenges

The Portuguese construction sector exhibited a robust performance in March 2024, recording a year-on-year growth of 3.0% in production. Despite a slight deceleration from February’s figures, this consistent growth underscores the sector’s resilience and potential for sustained investment opportunities. Key Highlights: Conclusion for Real Estate Investors: For real estate investors...

Read more...

Rising Labor Costs Drive Moderate Increase in Portuguese Housing Construction Expenses for March 2024

As we evaluate the latest Construction Cost Index for New Housing in Portugal for March 2024, it is essential to consider its implications for the real estate market. The report from Statistics Portugal highlights a 2.1% year-on-year increase in the construction costs for new residential buildings. This rise is primarily...

Read more...

Property Market Exhibits Growth Amidst Cooling in Major Municipalities: Investment Insights for Q4 2023

The Portuguese property market, as indicated by the 4th quarter 2023 statistics, continues to exhibit considerable growth in house prices, particularly in high-demand areas such as Grande Lisboa, Algarve, and Área Metropolitana do Porto. Despite a slowdown in some municipalities, the year-on-year growth rate of 7.9% and the enduring premium...

Read more...

Turning Point Reached: Portuguese Housing Loan Rates Set for Further Decline

The recent data on implicit interest rates in housing loans reveals a trend that could influence real estate investment decisions in Portugal. For March 2024, the implicit interest rate for all housing loan agreements saw a decline to 4.613%, continuing a downward trend from the previous month. More specifically, for...

Read more...

Tourism Sector Shows Strong Growth in Early 2024

Based on the tourism activity data for February 2024, the Portuguese property market, particularly in the tourist accommodation sector, exhibits robust growth and resilience, making it an attractive prospect for real estate investors. The sector witnessed a significant increase in guests (+7.0%) and overnight stays (+6.4%) compared to the previous...

Read more...

Portuguese Construction Sector Shows Growth but Faces Emerging Challenges in February 2024

For real estate investors evaluating opportunities within the Portuguese market, the recent February 2024 data on “Indices of Production, Employment, and Wages in Construction” provides valuable economic indicators. The Index of Production in Construction showed a year-on-year increase of 4.7%, a modest deceleration from the previous month, yet indicative of...

Read more...

Latest on the Construction Cost Index for New Housing: Prices Are Rising Due to Labor Costs

The latest data from the Construction Cost Index for New Housing (CCINH) indicates a continued upward trend in construction costs in Portugal as of February 2024. Notably, there has been a year-on-year increase of 2.2% in these costs, slightly higher than the previous month’s figures. This increment is primarily driven...

Read more...

Price Growth Continues Amid Declining Transaction Volumes

The latest data shows that in 2023, the Portuguese real estate market demonstrated resilience with a continued increase in house prices, although the volume of transactions showed a significant decline. The House Price Index (HPI) observed an annual growth of 8.2%, albeit at a slower pace compared to the previous...

Read more...

FAQ

Investment opportunities

What kind of properties do you offer?
  1. Properties under development for buyers with patience to benefit from the price appreciation after the project’s completion.

     

  2. We offer land plots for residential and commercial use to those who want to maximize their profits from the full cycle of value-adding activity.

     

  3. Commercial properties are for those who bet on more stable and long-lasting relationships with corporate tenants.

     

  4. Income houses for investors looking for steady income streams from residential property tenants.
How do you provide the investment opportunities?

We offer personalized investment opportunities to our investors through a tailored investment newsletter. Each newsletter is customized to match the investor’s specific budget and aligns with their unique investment strategy.

What are the criteria for evaluating income house investment opportunities?
  1. Growth Markets: We identify areas experiencing robust economic activities, such as job creation, population increase, and rising GDP. Infrastructure projects like new transportation systems, schools, and hospitals indicate a region’s potential for growth, attracting more residents and boosting the rental market.

     

  2. Positive Cash Flow: The property should generate rental income that not only covers all operating expenses (mortgage payments, property taxes, insurance, maintenance, and management fees) but also leaves a profit. Securing loans with low-interest rates and reasonable terms can enhance cash flow.

     

  3. Appreciation Potential: Properties in neighborhoods with growth potential or undergoing revitalization are likely to appreciate in value. The condition of the property and the potential for improvements (renovations, additions) also play a crucial role in its future value increase.

     

  4. Turnkey and Rent-Ready: We choose properties that require little to no refurbishment before they can be rented out. This ensures a quicker start to income generation. Properties should also meet all local building codes and regulations and have passed necessary inspections to avoid future legal issues.

     

  5. At or Below Fair Market Value: We conduct a comparative market analysis that helps assess the investment property’s value by comparing it to similar properties in the area. We identify motivated sellers or properties that have been on the market for a long time and may offer negotiation leverage, allowing purchases below market value.

     

  6. Risk Management: We evaluate potential risks, including market downturns, property damage, or prolonged vacancies, and devise strategies to mitigate these risks. This may involve insurance, reserve funds, or diversifying investment portfolio.

     

  7. Legal and Tax Implications: Fully understand the legalities of property ownership and management, including landlord-tenant laws and local regulations. Awareness of property taxes and potential tax benefits (deductions, depreciation) is crucial for financial planning and compliance.

     

  8. Exit Strategy: We develop a clear understanding of investors’ end goals (e.g., long-term rental income, property flipping). This strategy informs all decisions, from property selection to financing and management.
What are the criteria for evaluating land plot investment opportunities?
  1. Location and Zoning: The value of land is significantly influenced by its location and the zoning regulations governing what can be built on it. We look only for prime locations or areas poised for future development. Zoning determines the type of development allowed, and we aim for residential and commercial types.

     

  2. Growth Potential: We choose land plots in areas with strong growth indicators, such as population growth, economic development, and infrastructure projects, which suggest future demand for property.

     

  3. Accessibility and Utilities: We pick land with good access to roads, public transport, and essential utilities (water, electricity, sewage), as it is more valuable and easier to develop.

     

  4. Topography: The physical characteristics of the plot, including its topography and soil quality, affect its usability and potential development costs. We prefer flat land or land with gentle slopes that is generally less expensive to develop than hilly or flood-prone land.

     

  5. Environmental Restrictions and Easements: We are aware of any environmental protections or legal easements that could restrict the development or use of the land. This includes protected habitats, wetlands, or historical sites. We carefully choose land plots without anything forementioned.

     

  6. Future Development Plans: Information on planned infrastructure or commercial projects in the area can significantly impact the future value of land. We gather and analyze this kind of information to make meaningful decisions.

     

  7. Cost vs. Value: We carefully evaluate the purchase price against the potential for increased value. Land for development or likely to be rezoned for higher-value uses can offer significant returns.

     

  8. Exit Strategy: We understand how it’s better for investors to profit from the land purchase, whether by selling after appreciation or developing the land.
What are the criteria for evaluating new build investment opportunities?
  1. Builder Reputation: We investigate the builder’s track record, quality of construction, and reliability. Established builders with a history of delivering high-quality projects on time are preferable.
  2. Location: The property’s location is crucial. Look for new builds in areas with strong demand for housing, good schools, amenities, and transport links, which can drive up property values.
  3. Price Comparison: We compare the price of the new build with existing properties in the area to ensure you’re paying a fair price. New builds often come at a premium, so we ensure the extra cost is justified by the benefits.
  4. Warranty: We choose new builds that come with warranties (like a 10-year structural warranty). These can add value and reduce maintenance costs in the early years.
  5. Energy Efficiency: We choose new builds with high energy efficiency ratings and modern technical features that can be more attractive to tenants and buyers, potentially lowering operating costs and increasing attractiveness.
  6. Potential for Appreciation: We pick properties with the potential for appreciation based on location, quality, and market dynamics. Properties in areas expected to see growth in infrastructure and amenities offer higher appreciation potential and are on our radar.
  7. Rental Yield: We calculate the potential rental yield and compare it with other investments. Only properties with “working” math are on our list because this eases the execution of the exit strategy and may be beneficial for investors willing to get the “passive” rental income.
  8. Financing and Incentives: We look into financing options and any incentives offered by builders or their partnering banks, which can affect the investment’s affordability and attractiveness for investors.
  9. Exit Strategy: We choose properties that provide a clear and easily implemented strategy for maximizing return on investment, whether through long-term rental income or selling after appreciation (or both, by leasing while selling).
What are the criteria for evaluating commercial property investment opportunities?
  1. Location: Prime location is crucial for commercial properties. We look for areas with high foot traffic, good accessibility, and proximity to amenities if it’s retail or a desirable business district for office spaces, or a touristic hot spot if we’re talking about hotels.
  2. Tenant Quality: We carefully study the current situation with tenants and analyze our possibilities. Properties that can be leased to reliable, long-term tenants (e.g., national chains) offer more stable income streams and are primarily on our radar.
  3. Market Demand and Vacancy Rates: We investigate the local commercial real estate market for demand trends and vacancy rates. Lower vacancy rates and higher demand indicate a healthier market – and that’s exactly what we are looking for.
  4. Economic and Area Development: We look into the economic health of the area and any planned developments. Growth indicators include new infrastructure projects, population growth, and employment rates.
  5. Property Condition and Age: We evaluate the property’s condition and age, as these will impact maintenance costs and the attractiveness to tenants. Newer or well-maintained properties are often more desirable but we also consider other options if the math works.
  6. Zoning and Regulations: We ensure the property complies with local zoning laws and is not subject to unfavorable regulations that could affect its use or value.
  7. Financial Performance: We analyze the property’s financials, including income (rental income), expenses (operating costs), and net operating income (NOI). We look for properties with a strong NOI and potential for growth.
  8. Financing: We understand the financing options and conditions. Commercial properties often require larger down payments and have higher interest rates than residential properties, so the finance product should be considered carefully.
  9. Exit Strategy: Whether it’s selling after appreciation, refinancing, or holding long-term for steady income, we ensure the property aligns with investors’ investment goals and timeline.

Investment newsletter

What is your investment newsletter?

This is a tailored investment proposal newsletter that we send to each client who’s in the process of capital allocation. Usually, we send one investment opportunity each week or two (depending on the complexity of the request). To stop receiving it, you may just ask the customer service manager.

How does your investment newsletter look like?

We send a pdf file to any type of communication channel you preffer (email, whatsapp, etc.) with the following information that is well enough to consider if this property fits your interests:

  1. Property description
  2. Location description
  3. Market analytics
  4. Calculations breakdown
  5. Investment terms of the acquisition

Investment allocation

Can I participate in a deal with only a part of capital required to acquire the property?

Yes, you can. For this purpose, we propose certain investment opportunities to clients with similar investment preferences. We manage to form a sort of co-investment group where the participants may make a co-investment agreement and become partner-investors.

Who may be my partner-investors?
All our investors share our vision for transparency and “fair play” business ethics, and among them, we choose who may be a good fit as partner-investors based on similar investment preferences and goals.
What is the minimum investment amount?

The minimum real estate investment amount required in a co-investment scheme is € 250,000. If you are eager to acquire property on your own, the minimum amount should be € 1 million.

Holding of the investment

Do I need to do anything after investing?

No, you will only need to make the investment, and we will handle all the rest – from value-adding activities to selling the property or managing it to obtain passive income.

Do you provide any reports?
Yes, we provide monthly reports regarding the investment status with detailed information, and of course, our customer service is here to answer all the questions you may have on a daily basis.
Do you guarantee any return on investment?

No. And if some companies do – be careful. We provide you with viable and very probable scenarios how we consider things will go, which may, in fact, not happen. And this is something to remember – no one can predict the future.

Is it safe to invest in properties you provide?
Maybe the best thing many consider real estate’s main advantage is that the price almost can’t go to zero. Can the property market fall? Yes. Can the “black swan” fly by? Yes. Can we do our best to keep your investment safe? Yes, and so we do.

Get in touch

Dasha Ponomarenko
Analyst / Customer Manager

Management

Investment Terms

  • Minimum investment – € 250,000
  • Holding period – 1-3 years
  • Target capital growth – 20-40% (10-30% yearly)
  • Target passive income yield – 5% and more

Our Fees

Finding Fee
€1500 This fee is paid when the investor makes an individual request for a property. It does not apply to the properties we provide in our proposal list.
Deal Structuring Fee
0,1 — 0,5% This fee is paid if the deal needs a tailored investment vehicle, usually an LLC, for tax efficiency, liability protection, and transparency between partners. This fee does not apply if the deal goes straightforward without any such structuring.
Value-Adding Activities Management Fee
10% This fee is calculated as part of the total construction (reconstruction, refurbishment) cost.
Performance Fee
10 — 15% This fee is calculated as part of the gross profit. It is paid if value-adding activities were performed or/and managed by us. It is calculated based on the difference between the total investment cost and the current appraisal of the property made by an independent professional.
Exit Fee
5% It is the same as the brokerage fee when selling the property. This fee does not apply if the investor decides to keep the property for use or lease.