Real estate specialists Cushman & Wakefield (C&W) have revealed that investment in Portugal’s commercial real estate has totalled €1.5 billion between January and October, more than the whole of last year (€1.3 billion).
If their forecasts are right, the number will top €2 billion by the end of the year, more than 2015’s record-breaking €1.9 billion.
According to C&W, foreign investors are investing in real estate more frequently all over the world, which coupled with the “excellent price/quality ratio” of properties in Portugal, makes the country an appealing destination in the eyes of investors.
The specialists add that the “extremely positive evolution of the economy” and the “healthy and growing markets” also help Portugal’s image.