Why is property in Portugal so expensive

Low rate of construction of new housing. This is one of the main reasons. A tiny fraction of what was built in the 90s is being built today. The ...

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Right now, Portugal is a hotspot for expats, which has driven real estate prices in cities like Lisbon and Porto to skyrocket.

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Buying a home in Portugal has become marginally more costly, with average house price growth of 7.8% recorded year-on-year to June 2024.

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Strong demand from foreign investors seeking residency and investment opportunities. · Limited housing supply in prime urban areas. · Rising ...

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Lisbon region is Portugal's most populous and expensive. ... Central heating in Portugal houses is rare, so electricity rates in winter are higher.

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by GP Guide · 2025 — Portugal continues to experience a persistent supply-demand imbalance in the housing sector, driving residential prices higher and further ...

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Portugal's thriving tourism industry significantly impacts real estate values, as the influx of visitors boosts demand for properties in popular destinations.

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Broadly speaking, the more the countryside a property is located, the more affordable it is, and the closer to Lisbon, the more expensive the ...

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Another reason why housing prices remain high is the rising cost of materials and construction, which further limits the pace at which new ...

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