Portugal is fashion. As described in my blog post Portugal’s New Popularity, 2017 was a record year in both property sales and tourist arrivals, contributing to the fastest economic growth in this century, quicker than the European Union average. An estimate by Statistics Portugal (INE) revealed that Portugal’s gross domestic product (GDP) increased from 1.5% in 2016 to 2.7% last year. Continue reading
Property market Portugal
Property sales in Portugal increased by 47%
Signs of recovery are becoming more and more noticeable on the Portuguese property market. According to the latest figures, the number of properties sold in the first quarter of 2015 was the highest in five years. Continue reading