A recent study by the iad Group reveals that Portugal is one of the countries of choice for the English and French to buy a house.
Of the 4,000 respondents (2,000 French and 2,000 English), 25% of the French and 28% of the English said they intended to buy a house abroad in the next few years and placed Portugal in their top 5. Most respondents are willing to invest between €200,000 and €400,000 for the right house.
“Portugal has been attracting more and more foreigners for many years, as the country has special characteristics, such as the mild climate, safety, the friendliness of the Portuguese and, of course, the lower cost of living”, says Alfredo Valente, CEO of iad Portugal.
“On the other hand, another factor that helps a lot is the tax benefits that the country offers to foreigners who move here,” he adds.
Based on this data, the iad Group felt the need to create an online platform that would respond to a market need and offer a worldwide real estate investment service, with real estate consultants who are experts in the sector and who provide a personalized service, speaking in the same language as the investor.