Due to the increase in the property’s prices in the Euro Zone and the European Union, the profitability perspectives in the real estate market has been increasingly strengthened.
A study was made by INE – Instituto Nacional de Estatística, in the first trimester of 2018, the house prices increased by about 12,2% (the biggest increase in the last 8 years). This growth not only exists in the acquisition of real estate but also in the level of the lease, so it can be concluded that this is a great time to invest in the real estate market in Portugal.
Do you want to invest your money efficiently in order to have a good saving account? Think of real estate investment, the typical long-term deposits that are already used do not have the desired return and many times it is almost nil. If you want to save money in the future, reconsider if that is the best option for you because the interest rates are increasingly lower.
You have multiple ways to invest your money:
The assets applied in the area of real estate, at the moment are very viable. By investing your money in a property, you are investing in something physical and visible that you have the ability to control, depending on the state of the market. This sector, unlike the well-known stock exchange (which can lower the value of its shares in a quick and unexpected way), is currently at high tide and is not expected to slow down overnight, giving you the opportunity to consider the best investment time.
Take into consideration the geographical areas to invest – this is important to guarantee a healthy financial application. Large urban centres like Lisbon and Oporto or touristic areas like the Algarve are a winning investment. So, once you have chosen the area where you want to invest, think about whether you want to build something from scratch or invest in something already built. (for more clarifications about this subject, check this article.)
The trend for investment in the real estate sector is in a great performance and will always be a good sector to invest your money unlike the actions of the stock market, where you invest in something physical that you can receive a profit or simply the initial investment.