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Property investment in Portugal to reach €3 billion

Property investment in Portugal to reach €3 billion

Investment in the Portuguese property market is expected to reach €3 billion in 2019 by the end of the second half of the year, according to consultants CBRE.

Portugal’s investment market was fairly dynamic throughout the first half of 2019 and will continue to be buoyant in the second half, according to CBRE’s Research Department.

Francisco Horta e Costa, Managing Director of CBRE Portugal, said that investment levels in 2018 stood at around €3.5 billion and that it was unlikely that this kind of record figure would be repeated in 2019.

Read more in the Algarve Resident