current location: Legendary Overseas Students Network - American Immigration - New Zealand Immigration - Canadian Immigration - Australian Immigration > New Zealand immigrants >
Portuguese house price appreciation has reached the bottlene
Guide reading:The average price of Chiado, Liberty Avenue and Baxia in Lisbon's popular areas has reached 6,500-9,500 euros, with an average price of about 7,500 euros/, up 91% and an average annual increase of about 10%.
Since the enactment of the golden residence permit policy in Portugal on October 8, 2012, this year has entered its sixth year. In just six years, the gold residence permit policy (ARI) has attracted 4.07 billion euros of investment for Portugal. Among them, real estate investment accounts for 90.7%, which has become the main force to attract investment.
 
Portuguese house price appreciation has reached the bottleneck? A real case tells you the answer.
 
Many investors buy Portuguese real estate partly because of the economic crisis in Portugal from 2011 to 2013, the sharp decline in GDP and the depressed housing prices, from which many investors see tremendous room for appreciation.
 
Portuguese house price appreciation has reached the bottleneck? A real case tells you the answer.
 
Portugal's real estate prices have continued to grow steadily since the end of 2013, and the growth rate has risen steadily since the beginning of 2015. In the first quarter of 2017, the Portuguese housing price index rose 7.9% from the same period in 2016 and 2.1% from the fourth quarter of 2016. Prices of second-hand houses rose by 9.2% higher than those of new ones.
 
In the second quarter of 2018, HPI increased by 11.2% over the same period last year. Prices of existing houses have risen even more, with a change rate of 12.6%, twice that of new houses (6.3%). It can be seen that the Portuguese real estate market has now belonged to the seller's market, new property is becoming increasingly scarce, and the proportion of second-hand housing transactions is gradually rising.
 
Similarly, in the second quarter of 2018, real estate sales reached their highest level in the first quarter.
 
Portuguese house price appreciation has reached the bottleneck? A real case tells you the answer.
2Q2017-2Q2018 Portuguese National Housing Sales and Sales
 
Let's take another look at Lisbon's housing prices in the first quarter of 2018:
 
The average price of Chiado, Liberty Avenue and Baxia in Lisbon's popular areas has reached 6,500-9,500 euros, with an average price of about 7,500 euros/, up 91% and an average annual increase of about 10%.