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During the first quarter of the year, foreigner buyers were
found to be those who were purchasing the most expensive properties in
Portugal.
By TPN/Lusa, in Property, News, Portugal · 15 Jul 2022, 19:06 · 2 Comments
According to data from the National Statistics Institute (INE),
for buyers with tax domicile abroad, the median price of houses was 2,209
euros/m2, a value lower than that recorded in the previous quarter, of 2,302
euros/m2.
However this is markedly higher than buyers with tax domicile
in Portugal, where the house price was 1,428 euros/m2 (in the fourth quarter of
2021 it had been 1,319 euros/m2).
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Well they can not be too bright. Better to buy a cheap dump and renovate it... der
By mooseman from Algarve on 15 Jul 2022, 20:18
I think these people who are quoting these figures should look at what is actually for sale. They may be surprised.
By Graeme Scott from Algarve on 17 Jul 2022, 08:14