Portuguese real estate market set a record investment volume of the last 5 years in 2018, which came mainly from the commercial segment (3,3 billion euros, a 74% increase from 2017). In the residential segment, the number of properties sold grew by 19% and national prices rose more than 10% (in Lisbon the rise was 20%). The real estate market was very active in all the real estate segments and supply doesn’t keep up with the demand. Foreigners account over 50% of domestic property sales (led by British and French). 2019 will be the year for larger construction projects which will help to supply the continuing increase in demand. New developments coming on the market will increase substantially this year and growth will strengthen in the next, but still, the market is far from the building levels that were registered a decade ago. Portfolios of real estate assets and bad loans held by banks also will affect the market with increasing interest in alternative assets (healthcare, sports, specialised residences etc.). Continue reading “The real estate market in Portugal”
EstateGuru is proud and excited to announce that we have integrated Trustly, which will make deposits from your account faster and easier than ever before.
We’re celebrating our fifth birthday this month and, in honor of this major milestone, we felt it was time to reflect how we’ve grown and how excited we are about the next five years and beyond in the way our users interact with our platform and our brand. Continue reading “Welcome to the new EstateGuru!”
This year, EstateGuru is glad to publish the company’s financial report on the webpage publicly for the first time for everyone to read and review.