Investing in real estate in Portugal:
- A property equivalent to a house in the South of France, but at Portuguese prices.
- Luxury real estate developments at highly competitive prices.
- A property comparable to a house in Spain, with the added benefit of Portugal’s landscapes and coastline, where real estate density has been controlled by the government (which has prevented overdevelopment and preserves environmental quality).
- Recognized construction quality.
- Excellent opportunities due to the market’s lack of liquidity.
- Low risk of asset depreciation in the medium term, as Portugal has not experienced a financial bubble.
- A legal framework that protects buyers and regulates the market.
Where to get information?
Publications, exhibitions, and websites
Across Europe, numerous property exhibitions are held, such as the annual Portuguese Property Fair in Paris, where a wealth of information and documentation can be obtained from specialized real estate agencies, legal institutions, and banking representatives.
We have attended this event in previous editions and will continue to do so every year.
Portuguese magazines are regularly published in French, and many websites offer detailed information on legal and tax matters.
Specialized Lawyers
When purchasing property abroad, we recommend that our clients consult a specialized lawyer, whether French or Portuguese.
Several aspects—both tax-related and legal—can be complex without in-depth knowledge of the subject, particularly regarding Portuguese legal specificities. The lawyer can assist you throughout the entire acquisition process up to the final signing with the notary. A consultation will typically cost between €500 and €600.
Banking
In France, Portuguese banks (BCP Millenium, Caixa Geral, BPI, Novo Banco, etc.) are often approached by French citizens—whether of Portuguese origin or not—who are planning to retire in Portugal and are looking for a future primary or secondary residence. These banks are well-versed in the financing process and will provide you with valuable information and guidance during the loan assessment.
Additionally, it is worth noting that Portugal has faced an unprecedented economic crisis in recent years.
Many properties were repossessed due to insolvency. As a result, Portuguese banks are now in a position to offer very attractive deals.
