In recent years, we have seen many Portuguese deciding to look for investments abroad. While in the past Portuguese were hesitant to invest in other countries, today this has become quite common. The high cost of living in Portugal has led many to forgo investments here, making it an impossible task. However, among all the options available abroad, real estate in Lisbon has been in high demand recently. What are the advantages of real estate investments in Lisbon compared to other European cities? We have prepared some notable benefits related to investing in the capital city of Portugal. If you are going to make investments abroad, it’s essential to make the right choice, one that will deliver results. It is highly recommended to consult with a real estate advisor.
Real estate in Lisbon offers excellent financing conditions.
Are you used to the fact that financing conditions in Portugal are particularly strict? In Portugal, the situation is completely different. Anyone looking for real estate in Lisbon should know that there is a 75% subsidy for foreign citizens. This means that local banks will require a down payment of 20%, while the mortgage can be spread over 30 years. If that’s not enough, the interest rate is just one percent, offering peace of mind. Anyone investing in Portugal enjoys terms that are impossible to find in local investments in Portugal. In Portugal, they understand that foreign investors can significantly boost the country’s economy.
Tourism on the Rise
Portugal has recently become a highly sought-after tourist destination worldwide. It’s not just Portuguese flocking to Portugal; tourists from all over the world have discovered this country. Naturally, real estate in Lisbon will be influenced by the number of tourists visiting the country. Don’t forget that Lisbon is the capital city of Portugal, and all tourists come to visit it. Most flights to the country land in Lisbon, and everyone will be looking for a place to stay there. You can be in exactly the right place at the right time in this specific context.
Minimal Risk
Every real estate investment carries some risk, no matter which country you choose to purchase a property in. However, there are very stable countries where property values are preserved and even appreciate over time. Portugal is undoubtedly an excellent country for such an investment. Real estate in Lisbon might involve some risk, but it is minimal and barely noticeable. In most cases, you’ll manage to maintain the property’s value, and over time, it will also increase. Even in the rare case of a decline in property value, it is usually a minor issue that resolves itself quickly.
High Returns
How much can you earn from a property in Lisbon? This varies greatly depending on the type of property you purchase. In Portugal, you’ll find countless properties of all kinds, most of which are available for purchase. Lisbon’s real estate is highly favored, partly due to the returns it offers. Each year, you can earn 5 to 10 percent just from renting out the property. When selling, you might find yourself making tens of percent more than what you originally paid for the property. These are excellent figures, not necessarily found in other European countries or the rest of the world.
A Country You’ll Enjoy Visiting
Visiting to check on the property you purchased? Lisbon is known as one of the most enjoyable cities in the world. Real estate in Lisbon is not just for investment but also for your personal enjoyment. If you’re already visiting to check on your property, at least ensure it’s in a country that’s fun to visit. While you’re at it, explore Portugal—one of the most fascinating countries in Europe. This is what attracts tens of millions of tourists to the country each year, and probably you as well. You can even visit Portugal before purchasing the property to get a sense of what it’s all about.
