Here are 10 reasons why you should consider investing in real estate and buying property in Lisbon:
- Strong economic growth: Portugal has been experiencing strong economic growth in recent years, with a growing GDP and low unemployment rates. This has helped to drive up property prices in Lisbon, making it a lucrative location for real estate investment.
- Increasing tourism: Lisbon has become an increasingly popular tourist destination, with millions of visitors each year. This has helped to boost the local economy and create a high demand for rental properties.
- Low property prices: Despite recent price increases, property prices in Lisbon are still relatively low compared to other major European cities. This makes it an attractive option for real estate investors looking for value.
- Growing tech industry: Lisbon has a thriving tech scene, with many startups and innovative companies based in the city. This has helped to attract young professionals and investors to the area, creating a strong rental market for real estate investors.
- Favorable tax laws: Portugal has a number of tax incentives for foreign investors, including a flat tax rate for non-habitual residents and a reduced tax rate on rental income.
- High quality of life: Portugal consistently ranks highly in quality of life surveys, with a relaxed pace of life, low crime rates, and excellent healthcare and education systems. This makes it an attractive location for both investors and tenants.
- Beautiful location: Lisbon is a stunning city, with a rich history, vibrant culture, and beautiful scenery. Its location on the Atlantic coast also makes it an attractive option for those looking for a beachfront property.
- Investment potential: As property prices continue to rise in Lisbon, real estate investment in the city is expected to offer strong returns over the long term. This makes it an attractive option for investors looking for a profitable investment opportunity.
- Great transportation: Lisbon has a well-connected transportation system, including buses, trams, and a metro network. This makes it easy to get around the city and explore other parts of Portugal.
- Multicultural atmosphere: Lisbon is a melting pot of cultures, with a mix of Portuguese, African, and European influences. This creates a vibrant and diverse community that is welcoming to people from all backgrounds.
In summary, investing in real estate and buying property in Lisbon offers a range of benefits, including strong economic growth, increasing tourism, low property prices, a growing tech industry, a stable political climate, favorable tax laws, the Golden Visa program, high quality of life, a beautiful location, and investment potential.
DRP Advisers is a consultancy with offices in Lisbon and Madeira dedicated to helping investors immigrate to Portugal via the Portugal Golden Visa and eventually attain EU Citizenship for themselves and their families. DRP Advisers was founded in 2015 and has a proven track record of making the immigration process to Portugal effortless. DRP Advises brings to the table a wealth of connections in the Political sphere as well as Legal expertise and several highly reputable real estate partners.
Book you Real Estate Tour in Portugal with DRP Advisers
+351 912 585 085