July 20, 2020
A digital guide that aims to provide foreign investors with all the information they need (in English) to invest in Portugal’s property sector has been launched for the second year straight.
Entitled ‘Real Estate Investors Roadmap’, the document was created by AICEP and the Portuguese Chamber of Commerce and Industry, with the help of the Portuguese Association of Real Estate Developers and Investors, the JLL consulting company and the Morais Leitão law firm.
The document is described as an “essential tool to help relaunch the national economy and attract foreign property investors”. It includes all the information investors need, explaining the many steps to take into account by investors. It also explains the legal framework and the constraints imposed by the Covid-19 pandemic.
“Portugal is an excellent country to invest, do business and live in”, says the roadmap’s introduction.
There are several factors that contributed to a continuous flow of investments into different economic sectors in Portugal. Among them, our highly-skilled talent, world-class infrastructure, business-friendly environment and easy access to markets. Our geographical position as a near shore location in Europe, political stability and low operational risk are highly valued by investors. It’s what makes them trust a country that is open to foreign investment from all over the world.
The creators of the guide explain that the “Portuguese real estate market was experiencing times of dynamism and vivacity, perhaps on an unprecedented scale, before the arrival of the COVID-19 pandemic. (…) However, many of the factors that made Portugal, Lisbon in particular, so attractive, especially to foreign investment, have not disappeared”.
The real estate sector plays an important role in Portugal’s image as a popular destination for investments.
Source: PORTUGAL GLOBAL, PORTUGAL RESIDENT