Covid-19 harmed almost every sector, in every region. Real estate is no exception in this. Yet, Portugal’s real estate market seems to not notice the crisis. Through all the chaos, Portugal property sector marches upwards. Two recent analyses affirm this statement. Both Knight Frank and Imovirtual confirm that Portugal real estate continues to grow. Lisbon […]
Colliers, an international consultancy firm, predicts that the real estate investment sector in the second half of 2020 will witness a “strong recovery”. After a thorough analysis of the impact of Covid 19, Colliers concludes that there are reasons as to why the sector should be “cautiously optimistic. After the last global financial crisis in […]
Greece recently has gone through a major financial crisis. This led to a skyrocketing in foreign investments in Greece’s property market due to plummeting real estate prices. Greece’s very successful Golden Visa program also contributed to this surge of investors. Investors all around the world benefited from the scheme that offers EU membership in exchange […]
Almost immediately after the global financial crisis of 2008, Portugal and Spain started to outperform Europe with their real estate sector. Although the crisis hit these countries also, property market of the Iberian Peninsula kept the economy intact. After a decade of growth, experts constantly argue if this trend will continue, and the general consensus […]
Ever since Greece was hit by the economic crisis of 2008, the Mediterranean country struggled in almost every one of the financial sectors. However, one sector, although it also bled with the others, was always strong. The tourism sector of Greece is always a reliable source of income for the country. After more than a […]
Greece’s real estate market has been a popular target of investment for investors around the world for a long while. Although the country faced many setbacks because of the global economic crisis of 2008, real estate market mostly stood its ground and helped Greece’s economy to recover steadily ever since. Greece Golden Visa Program Drives […]
Portugal real estate is on the rise in the last decade thanks to significant contributions of the country’s Golden Visa Program. The capital Lisbon understandably takes the lead in the country’s real estate market. Extremely popular among foreign investors, Lisbon displayed an amazing performance in the second half of 2019, too. Lisbon Urban Rehabilitation Area […]
Since Greece got out of its long and cruel financial crisis which started in 2008 and continued for a while, the economy is gradually recovering from its wounds. Newest prediction of the Greek government towards next year is an economic growth of 2.8 per cent. Unemployment Rates and Public Debt are Declining As country-wide employment […]
After the 2008 global crisis, Spain suffered economically for a while. However, especially in terms of real estate investments, last couple of years have been quite profitable in Spain. 2020 also looks good for investment potential in the real estate market. What is Spain Golden Visa? Similar to Greece’s case, inception of Spain’s Golden Visa […]
Portugal’s economy can be defined as reliable and stable. Therefore, Portugal’s real estate market has never gone through huge fluctuations. Unlike its neighbour Spain, buying property in Portugal was never a roller coaster experience. So, until very recently, Portugal’s real estate market was about the lifestyle rather than profit in general. However, it began to […]