Top Investment Locations in Portugal

20 Mar 2019

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    The Portuguese economy registered a 2.1% increase in 2018, according to the forecasts issued by the Bank of Portugal. The unemployment rate remains on a positive trend, with anticipated decline of 7%.

    Portugal in general, comes with a stable political and social environment, a secure society, a modern education system, a highly skilled and English fluent labour force and an excellent quality of life. The nation is known for its premium tourism sector and is a leading EU country for research and development and new technologies. The soar in tourist numbers and the rise in established companies, start up and freelancers has led to a substantial growth in housing and rental prices.

     

    The best hotspots to invest in Portugal

     

    Lisbon

    Lisbon has taken the 1st place on the PwC’s 2019 Emerging Trends Europe leader board. Lisbon is evolving as a dynamic business and tourism hub. This is reflected in the increase in house prices between 2017 and 2018. Many business-related initiatives are conducted to attract tourists whom are into the charm of its culture, food and coastline.

     

    Cascais

    Cascais has plenty of river and beach views properties with a fast connection to the city center and to the international airport. The average rental yield for both residential and commercial is at 3%.

     

    Porto

    Porto is the latest rising star in the Portuguese scene. The intense renovation process in this area aims to develop the market into a highly potential investment area. The asking rental yield in this area is approximately 5 to 6.5%.

     

     

    Featured Project: Ribeira Garden

     

    Ribeira Garden, a retrofitted building dating back to the XIX century, is the new project built in one of the most prominent and renovated areas of Lisbon. This rehabilitation project combines the classic building facade with brand new, contemporary, and functional interiors. This development has two independent entrances and is comprised of 37 spacious apartments, ranging from one to four bedrooms. Residents get to enjoy views of the Tagus River and D. Luís I. Square Gardens.

     

     

    First Avenida

     

     

    First Avenida is born in a unique and extraordinary central location, Rua Barata Salgueiro, 1, next to Avenida da Liberdade and near Marquês de Pombal. Considered the Central Business District of Lisbon, the area contains headquarters of several financial and multinational institutions, luxury shops and the main five-star hotels of the city. It is a bourgeois building – 7 floors – which composes of 24 apartments of 1-bedroom to 3-bedroom apartments.

     

    Event Highlights

    If you would like to know more about golden visa and investment opportunities in Portugal, register for our event at the following link: -

    https://internationalresidential.jll.com.my/event-calendar/24/mar/2019/golden-visa-portugal

     

    For further information contact JLL International Residential directly at +603 2260 0700 or wong.christine@ap.jll.com

     

     

     

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