The recent reduction in interest rates is likely to draw British and Irish investors, particularly retirees, to the Portuguese property market. These investors stand to gain from a lower cost of living, tax incentives, and the country’s favorable climate.
Portugal’s real estate market has long been attractive. With the new lower interest rates, the country is set to become even more competitive for international investors, including those from Britain and Ireland, despite most clients not relying on bank loans.
In light of the lower interest rates, real estate investment is seen as a solid alternative. Investing in property is considered a safe option, especially in a country with strong tourist appeal and continuous appreciation of real estate assets.
LUXIMOS Christie’s will be attending the ‘A Place in The Sun’ property fairs in the UK from September 20-22 and in Ireland from October 4-6. These events, held in Birmingham and Dublin, are aimed at investors seeking property opportunities abroad.
During these fairs, LUXIMOS will present a selection of luxury properties, reinforcing its international presence in the real estate sector and attracting potential clients interested in cross-border investments.
Should you be interested in learning more about this sector, understand our partnership/equity structure, or know about our other investment opportunities, please reach out at your earliest convenience to arrange a meeting.