According to the study reveled recently by the Organization for Economic Cooperation and Development (OECD), Portugal was considered the best country to buy a second home.
The study was focus in 34 countries, from the total 38 member states of the organization.
For many years, the main reason identified by the experts, to justify the foreign investment on the Portuguese Real Estate, was the weather, the cost of living and the quality of life, and in some cases the Tax advantages the country has to offer to the investor.
Porto - Portugal
This trend is changing, as well as the nationality of the investors.
Most of the recent foreign acquisition of Portuguese real estate, is by citizens of USA, Brazil, United kingdom, and France. They are looking for a new start for their families because of the instability and unsafety of their native countries, and the growing disrespect for human rights.
Portugal is a political stable county without any religious, political or racial tensions, and in combination, with the good whether, cost of living and quality of life, makes the country very wanted and attractive for this segment of investors.
If you are interested in receiving more detailed information, or you need help to start the purchase process, you can contact me, I will help making your dream come true.
+31 (0)6 51760042