Investing in Portugal Real Estate: the Best Places and Prices 2023

Portugal, often heralded as one of the best countries to invest in real estate, boasts a multitude of captivating attributes that draw in investors from across the globe. From its idyllic coastal scenery and picturesque landscapes to its historically rich cities and charming villages, Portugal offers a remarkable tapestry of possibilities. Additionally, the Portuguese real estate market has garnered substantial attention in recent years, positioning itself as one of the most sought-after destinations for both quality of life and promising investment opportunities throughout Europe.

When contemplating the reasons behind Portugal’s meteoric rise as a real estate market, several factors come to the forefront. Firstly, the country’s Mediterranean climate graces its residents and visitors with an abundance of sunshine and warm weather, making it not only an alluring place to reside but also a prime holiday destination. Consequently, the demand for properties in this coastal haven remains consistently high, rendering it a wise choice for real estate investments.

Affordability further solidifies Portugal’s reputation as an attractive hub for real estate endeavors. This nation stands as one of Western Europe’s most cost-effective places to reside, with a cost of living significantly lower than that of neighboring countries such as France, Germany, and the UK. Here, your investment stretches further, ensuring an elevated standard of living without straining your finances.

Why Portugal is a great destination for real estate investment

best places to invest in portugal

When considering the finest destinations for real estate investment, Portugal invariably rises to the forefront, and for good reason. Portugal’s government extends a welcoming hand to foreign investors, offering a multitude of tax incentives and advantageous visa programs, including the sought-after “golden visa” that grants residency or even citizenship to real estate investors. Such initiatives not only reduce property taxes but also open doors to a world of opportunities for those looking to invest in real estate.

What sets Portugal apart as an ideal investment haven is its unwavering political and economic stability. This enduring stability transforms the country into a sanctuary of safety and dependability, offering investors a secure environment for their real estate endeavors.

  • Portugal’s thriving tourism industry further enhances its appeal, making it a prime location for coveted rental properties. Here, you can seamlessly lease your property to tourists for short-term stays, generating a consistent and lucrative income stream. The vibrant tourism sector ensures a constant influx of visitors, guaranteeing that your investment in beach properties and city dwellings will remain a sound financial choice.
  • Portugal boasts an exceptional standard of living, rendering it a coveted destination for retirees seeking a new place to call home or individuals desiring an exquisite seaside haven. Whether you’re in search of the best area to live in by the sea or longing to possess a holiday residence, Portugal offers an array of opportunities.
  • As if these aspects weren’t enticing enough, Portugal’s Mediterranean climate adds to its allure, providing an idyllic setting for those who crave a life filled with warmth and sunshine. The prospect of living or owning property in a place blessed with such a comfortable and enjoyable lifestyle is an undeniable draw for investors.
  • Portugal’s real estate market has been consistently on an upward trajectory, presenting a golden opportunity for capital appreciation. The market’s sustained growth testifies to the country’s robust real estate sector, promising lucrative returns for those who choose to invest here.
  • Financial security is a top priority for any investor, and Portugal’s banking system is just that—sound and trustworthy. Foreign investors benefit from this financial stability and security, knowing that their assets are in reliable hands.

In summary, investing in Portugal’s real estate market offers a plethora of benefits. With its unwavering economic stability, accommodating tax laws, and the promise of an attractive and comfortable lifestyle, Portugal stands as the ultimate destination for individuals seeking to make sound real estate investments.

Best Places to Invest in Portugal Real Estate

where to invest in portugal

When it comes to finding the best places to invest in Portugal real estate, one is spoiled for choice in this vibrant and dynamic market. Portugal has firmly established itself as a good place to live, boasting a housing market that beckons with enticing opportunities. Whether you’re on the hunt for a good location for buying a house with a sea view, eager to discover the latest trends in house prices, or simply searching for the perfect house for sale, the Portuguese real estate landscape has a multitude of enticing options to offer. Now we will delve into the most promising locales, guiding you through the ever-evolving Portuguese housing market.

Invest in Lisbon

best place to buy in portugal 2023

Lisbon, the enchanting capital city of Portugal, stands as a magnetic beacon, enticing those in search of the best place to live in central Portugal, the best city for real estate investment, and the best place for luxury properties. This cosmopolitan hub seamlessly fuses historical grandeur with a modern, vibrant energy, all set against the picturesque backdrop of the Tagus River. Notable landmarks, such as the Belem Tower, the Jeronimos Monastery, and the Sao Jorge Castle, enrich the cityscape, contributing to its rich tapestry of heritage and allure.

Venturing through Lisbon’s labyrinthine streets, which wind through steep hills, unveils a visual symphony of colorful buildings, captivating street art, and cozy cafes. Stroll through the historic Alfama district, the heart of soulful Fado music, or lose yourself in the trendy realms of Chiado and Bairro Alto, where cultural innovation meets urban sophistication.

For the epicureans among us, Lisbon’s culinary scene is nothing short of a culinary odyssey, graced with fresh seafood, delectable pastries, and flavorful wines. As the sun sets, the city comes alive with a thriving nightlife, offering an abundance of bars and clubs that cater to all tastes.

With Lisbon’s temperate climate and sun-kissed skies gracing the city year-round, its proximity to the coast makes it an even more enticing prospect. Whether you’re a history enthusiast, a gastronomic explorer, or simply seeking a vivacious and alluring escape, Lisbon promises to hold you captivated at every turn.

Lisbon’s status as one of the best cities to buy a house in Portugal is underpinned by its remarkable attributes. The city’s real estate market showcases a diverse range of options, from luxury properties in key regions to more affordable choices. Plus, with competitive mortgage rates and easy access to the most visited real estate websites, navigating the housing market in Lisbon is both convenient and rewarding.

Explore the entire real estate market in the Lisbon in which you can invest!

Moreover, Lisbon is a hub for top developers, continually pushing the boundaries of real estate innovation, ensuring that the valuation of your investment remains robust. Prices for properties in Lisbon, while reflecting the city’s desirability, offer a broad spectrum, starting from 3800 euros per square meter. When it comes to real estate investment, Lisbon truly stands as a crown jewel in Portugal’s illustrious portfolio of opportunities.

Invest in Lisbon Riviera and Cascais

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Lisbon Riviera, a breathtaking coastal gem that stretches gracefully along the Atlantic Ocean, from Lisbon to Cascais, holds a magnetic charm that captivates those in search of the best places to live in Europe, the best areas for beach properties, or even the best towns to invest in. This picturesque region, renowned for its pristine beaches, idyllic villages, and historical landmarks, presents an irresistible opportunity for investors and enthusiasts alike.

Cascais, nestled approximately 30 minutes west of Lisbon, emerges as a charming town with a regal history, once favored as a retreat by the Portuguese royal family. Today, it thrives as a bustling tourist hub, attracting visitors from all corners of the world. One of the central attractions of Lisbon Riviera is undoubtedly its array of magnificent beaches. Praia do Guincho, Carcavelos, and Cascais Beach rank among the most popular, offering crystalline waters, sun-kissed sands, and awe-inspiring vistas. Whether you seek a serene spot for sunbathing, an invigorating swim, or thrilling water sports, these coastal treasures have it all.

Beneath the surface of this natural beauty, Lisbon Riviera unveils a wealth of cultural heritage. Stroll through history at iconic sites like the Belem Tower, the Jeronimos Monastery, or the resplendent Pena Palace. And when it comes to indulging the palate, this region excels with its delectable cuisine, featuring fresh seafood, scrumptious pastries, and a range of exquisite wines.

In essence, Lisbon Riviera and Cascais emerge as essential destinations for anyone exploring Portugal. Whether your desires lean toward beachfront relaxation, cultural exploration, or culinary delights, this region promises an experience for every taste. As it stands, Lisbon Riviera is also a magnet for real estate investors, renowned for its enticing opportunities in both housing and land. Developers in this era recognize the immense potential this area offers, ensuring a robust portfolio of homes for sale and houses for sale.

Foreign investors, including US citizens, will be pleased to know that they can acquire properties in Portugal, making this region even more attractive. As the real estate market here continues to flourish, bank interest rates remain competitive, and you can conveniently access the best websites and project listings to explore your options.

With prices starting at 4500€ per square meter, Lisbon Riviera stands as a formidable contender in the world of real estate investment, beckoning with its fusion of natural splendor and potential.

Invest in Porto

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Nestled in the northwest of Portugal, Porto emerges as a vibrant city, renowned for its picturesque streets, historic treasures, and delectable cuisine. Positioned gracefully along the banks of the Douro River, the city has etched its name in the annals of history as the epicenter of port wine production, surrounded by sprawling vineyards. A leisurely stroll through the charming lanes of the Ribeira district reveals a tapestry of vibrant, colorful houses and bustling cafes, epitomizing the city’s distinct charm.

Porto, a city teeming with cultural riches, boasts a portfolio of impressive landmarks that beckon to be explored. The 12th-century Porto Cathedral, the Torre dos Clérigos bell tower, and the Serralves Museum of Contemporary Art stand as testaments to the city’s historical and artistic wealth, enticing enthusiasts and history buffs alike.

Beyond its historical grandeur, Porto shines brightly on the nightlife stage, luring visitors with a diverse array of bars and clubs that cater to every taste, ensuring an unforgettable experience for all.

Porto, with its unique fusion of history, culture, and modernity, emerges as a magnetic destination for exploration in Portugal. It embodies the essence of why Europe is the best place to live, offering a unique lifestyle that harmoniously blends past and present. Additionally, Porto’s real estate market presents a captivating opportunity for investors, whether they seek premium properties for sale, properties with land, or simply a villa to buy.

For those seeking the best cities for real estate investment, Porto deserves a place at the top of the list. Its dynamic stock market and access to REITs (Real Estate Investment Trusts) add to the allure, allowing investors to stake their claim in the real estate arena. And when it comes to discerning how to get rich in real estate, Porto’s offering is abundant, with a variety of properties for sale and rental, with the highest ROI in mind.

Moreover, the city offers a multitude of choices for acquiring permanent residency by investment, further enhancing its appeal. In this quest for investing in real estate, one can explore the pros and cons of buying in Porto, all while enjoying a spectrum of options for premium living, catering to diverse tastes and preferences. With prices commencing at 2500€ per square meter, Porto remains an attractive destination for investors seeking affordability and potential, ensuring it retains a prominent place on the European real estate landscape.

Invest in Algarve

Investing in Portugal Real Estate

Nestled in the sun-kissed southernmost part of Portugal, Algarve beckons as one of the best locations for those seeking the best place to live, the best place to buy a villa, and the best places to buy real estate. This captivating region is renowned for its stunning beaches, basking in the embrace of a warm climate, and pulsating with a vibrant nightlife that draws tourists from all corners of the globe.

Algarve stands tall on the global stage as a coastal haven, boasting long stretches of sandy beaches that invite visitors to unwind, sunbathe, and partake in exhilarating water sports like surfing, jet skiing, and snorkeling. Praia da Rocha, Praia do Vau, and Praia de Albufeira stand as shining examples of this coastal paradise, offering an array of choices for those seeking condos for sale or land for sale.

Beyond its natural allure, the Algarve plays host to a plethora of charming towns and villages that are waiting to be explored. The picturesque town of Lagos, the quaint fishing village of Alvor, and the historic city of Faro stand as testament to the region’s rich tapestry of culture and heritage, making it an attractive destination for those considering buying a holiday home or starting a business as a foreigner.

As the sun sets over Algarve, the region unveils a vibrant nightlife scene, replete with a multitude of bars, restaurants, and clubs to choose from. Vilamoura and Albufeira, in particular, offer visitors a glimpse of Portuguese nightlife at its most vibrant, making it an ideal place to buy to let or invest in properties with potential for rental income.

In essence, Algarve serves as a comprehensive showcase of the best Portugal has to offer, from its idyllic beaches and breathtaking landscapes to its rich culture and delectable cuisine. Its alluring qualities extend to the real estate market, with properties to buy starting from 3000€ per square meter, providing investors with opportunities to harness the region’s potential for growth and investment success.

Invest in Oeiras

Investing in Portugal Real Estate

Oeiras, often regarded as one of the best places to buy in the world, emerges as an enticing prospect for those seeking the best places to invest, the best places to start, or the best places to live. Nestled in the heart of Europe, it is renowned for its seamless blend of seaside charm and proximity to Lisbon, which is considered one of the best cities in Europe.

Oeiras offers a diverse array of real estate options, from buy to let condos for sale to houses for sale near the beach. The region’s real estate market is characterized by affordability, offering an escape from the housing bubble pitfalls that have impacted other areas. The cost of buying a house in Oeiras is notably reasonable, making it an attractive option for those seeking the best value for their investment.

While Oeiras offers close proximity to the bustling city life of Lisbon, it also boasts the tranquility of the countryside. This fusion of city and countryside living makes it an appealing destination for those looking to buy a house near the beach or in the countryside, depending on their preferences.

With Oeiras being known as one of the hottest places for real estate investment, it’s essential to explore the guide to homes for sale in the region. The up-and-coming areas in Oeiras are ripe with potential, offering a bright future for investors. The region has garnered attention from top companies in various industries, contributing to its status as one of the richest places in the country.

For those considering a move to Portugal or even seeking citizenship, Oeiras is a prime destination. It offers a cost-effective route into Portuguese citizenship, ensuring that investors can call this beautiful part of the country home. Oeiras, with its favorable housing options, is the perfect backdrop to embark on a journey into real estate investment, providing a blend of affordability, proximity to major cities, and promising growth potential.

In Conclusion: Your Path to Profound Real Estate Investment in Portugal

portugal investment property

These regions represent not just a good place for real estate investment but a remarkable opportunity to secure your financial future. Over the recent years, the Portuguese property market has witnessed a substantial surge in property values, offering investors the promise of robust returns. Whether you aspire to own a holiday home by the beach or seek to dive into the thriving rental market, Portugal’s real estate sector shines as one of the best places to buy in the world.

What sets Portugal apart is not just the attractive figures on paper but also the enticing lifestyle it offers. With beautiful beaches, a vibrant culinary scene, and warm, welcoming locals, Portugal boasts some of the best cities to live in and the best areas to live. It’s a country that caters to both residents and foreigners alike, promising an appealing quality of life.

For those who are eager to embark on this exciting journey into the Portuguese real estate market, we encourage you to reach out to us. Roca Estate stands as one of the best agencies in Portugal, with a network of regional agencies across the country, from Cascais to Faro. Our team of dedicated professionals and expert agents possess an intimate knowledge of the Portuguese real estate landscape. We are primed to equip you with all the information and support you need to make sound investment decisions. Rest assured, we’ll guide you in finding the perfect property that aligns seamlessly with your needs and budget.

In Portugal, you’re not just buying a house; you’re investing in a prosperous and enriching future. It’s crucial to emphasize that purchasing real estate in Portugal is not merely a transaction; it’s a strategic investment for a successful future. Don’t miss out on this remarkable opportunity to secure your financial well-being. Your journey into Portugal’s real estate landscape begins here with Roca Estate.

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Market Analytics

Positive Trends in Portugal’s Construction Sector Highlight Strong Investment Potential

In September 2024, Portugal’s construction sector displayed a steady upward trajectory, marking encouraging trends for real estate investors. As per the recent Indices of Production, Employment, and Wages in Construction report, Portugal’s construction industry saw a notable 2.3% year-on-year increase in production, with associated indices for employment and wages also...

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Rising Labor Costs Drive Up Construction Expenses in Portugal’s Housing Market: Key Insights for Real Estate Investors

The latest report on Portugal’s Construction Cost Index for New Housing (CCINH) offers significant insights for investors in the Portuguese real estate market. The September 2024 data reflects notable trends in labor and material costs, both crucial components influencing construction expenses. This article explores the implications of these cost dynamics,...

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Portugal’s Rising Mortgage Rates and Shifting Loan Volumes: What Real Estate Investors Need to Know

The Portuguese real estate market, renowned for its attractive investment opportunities, is currently navigating a period shaped by key financial indicators. For investors, understanding these trends -ranging from interest rates and loan volumes to liquidity patterns – provides essential insights for making data-driven investment decisions. The following analysis leverages recent...

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Portuguese Tourism Demand Declines in Q2 2024

As Portugal’s tourism industry continues to impact its economic and property landscape, quarterly statistics on resident travel offer insights crucial for real estate investors. The Q2 2024 tourism report indicates a shift in resident travel behavior, suggesting trends that could influence the real estate market, particularly in short-term rentals and...

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Surging Property Values in Portugal: September 2024 Investor Insights

The recent report on bank appraisals in Portugal for September 2024 provides insightful data for investors evaluating opportunities in the property market. With a continued increase in property values across different housing segments, this report sheds light on the dynamics at play, emphasizing trends in prices, regional differences, and types...

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Steady Growth and Regional Shifts: Key Insights for Investors in Portugal’s Q2 2024 Real Estate Market

Portugal’s real estate market in the second quarter of 2024 exhibits steady growth despite regional fluctuations. Based on official data, this analysis offers critical insights into trends relevant to potential investors considering the Portuguese property market. Key Findings Conclusion and Strategic Takeaways for Investors The Portuguese real estate market continues...

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Decline in Housing Loan Interest Rates Signals Opportunities for Property Investors in Portugal

In Portugal, shifts in implicit interest rates offer valuable insights into the market’s direction and investor opportunities. The latest report on implicit interest rates for housing loans in September 2024 reveals trends that could shape strategic decisions for real estate investors. Key Findings from the Report Market Implications for Investors...

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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....

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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...

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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...

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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...

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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...

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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,...

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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...

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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%,...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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:...

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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...

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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...

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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...

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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...

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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...

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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...

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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.