There has been a significant increase in the numbers of foreigners who live in the country of Portugal, according to the Report on Immigration which has been conducted by the Portuguese Immigration, Borders, and Asylum – the RIFA – and published last June.
Totaling four hundred and thirty thousand foreigners who live across the Portuguese territory, the country of Portugal has become a multicultural home for many immigrants. One may wonder, however, who are the foreign investors that live in Portugal?
The report’s data has highlighted the growth of cultures that are more traditional in the country of Portugal, such as Cape Verde and Brazilian, accompanied by a healthy increase in the numbers of citizens from France, the UK, and Italy, as well as Venezuela, Nepal, Bangladesh, and India.
It would not be a mistake to say that the foreign investors from Brazil, China, the UK, the USA, and France had accounted for half of all the foreign-sourced investment made into the property market of the country of Portugal in 2018. On average, each of these investors had spent around four hundred twenty-five thousand and five hundred Euros.
What Are The Living preferences of The Foreign Citizens in Portugal?
The president of the Associação dos Profissionais e Empresas de Mediação Imobiliária de Portugal – APEMIP – has stated that the areas of Portugal which are the most sought after by the foreign investors are the traditional beach areas as well as the historic centres of the city of Lisbon, the city of Porto, and other large cities.
The accessibility of the language is not the only thing that keeps the Brazilians flock into Portugal. – The political, social, and economical instabilities that have overtaken Brazil are certainly the main factors that lead the Brazilian nationals to purchase property in Portugal. As, because of this, most of the Brazilian investors come to the country of Portugal with their family and children, two to three bedroom apartments situated in condominiums are their major preferences. The proximity of a property to schools, work, and social services has also proven to be among top priorities for the Brazilian investors in Portugal. One may look for two / three bedroom apartments in the city of Lisbon on our website.
In the latest years, more than forty thousand French property investors have come to the country of Portugal attracted to the tax breaks, but also to the history, the architecture, and the charm of the Portuguese architecture, the sun, the sea, and the amazing food. The French have also proven to prefer living in well-served areas that feel like a neighbourhood, where there is commerce, enabling them to walk around by foot. This type of atmosphere has been proven to be well-preferred among the French as these characteristic are reminiscent of the tradition and history of Portugal.The proximity of a property to the Liceu Francês – French School – has also been one
of the quite important aspects of a property when the French investors are looking for one in Portugal. In this regard, some of the best neighbourhoods to invest in are – the Campolide neighbourhood, the Campo de Ourique neighborhood, and the Lapa neighbourhood. If one is looking to invest in one of the lively neighbourhoods of Portugal, they may learn more about them on our website.
As far as the South region of the country of Portugal is concerned, especially the Algarve region, the French are more interested in the areas that are in proximity to the sea, but which also have established French communities. One may look at the properties that are available for sale in the Algarve region on our website. The British immigrant investors can be divided in two prominent groups – the retirees and the investors / businessmen. The first group is mainly comprised of couples who are older than fifty, and who are looking for a second home, either to permanently live in or to spend a few months in a year in.
These Britons are mainly looking for properties that fall within the price range of between four hundred thousand to one million Euros. British retiree investor’s preferred location is the Algarve region, but thee have also exhibited quite a significant demand in the central part of the city of Lisbon, as well as the city of Porto. They have also largely demonstrated their preference to living by the beach, or in the country side, and in close proximity to sites like golf courses, and restaurants – their top preferences -. If one is looking to relocate to the country of Portugal in the wake of Brexit, they may learn more about it on our website.
Over the past few years, a second profile of immigrant investors in the country of Portugal has emerged and it is defined by young professionals who seek to acquire properties in Portugal for investment or business, prompted by the attractive tax benefits as well as the healthy return on investment prospects.
The Portuguese Immigration, Borders, and Asylum – the RIFA – has also noted that eighty-one per cent of the investors who come to the country of Portugal become part of the active population, with a preponderance of the age group between twenty-five and forty-four. One may read what the international investors are saying about the country of Portugal and PropertyLisbon on our website.
The vision that we have for the future includes building a client base that will want to continue working with us even after they have made their purchase, which is precisely why we have developed such in-depth and detailed after sales service, which is one of the main reasons that our directors have “survived” so long in the lively and shifting property market of the country of Portugal. It is also owing to the fact that they are in possession of multiple recommendations from their previous clients and repeat businesses.
The way we hire, train, and pay our after sales staff is completely different to our sales agents, which means that their future and professional success is dependent entirely on your happiness as a client and your willingness to continue to use our services in the future.
We pay them in wages but the future of their job is dependent on the happiness of our clients, which is something that sets us apart from the rest, and is the main reason that we have such a huge amount of repeat business.