Portuguese property price predictions.

February 25, 2016

The latest RICS Ci Portuguese Housing Market Survey predicts house prices to rise at a steady pace in the future, the housing market has enjoyed steady growth in both sales and values in the 2015.

It was reported that estate agents saw a modest rise in transactions during January this year, however sales among developers dropped slightly. House prices are forecast  to grow at approx 4% per annum over the next 5 years.

The  Chief Economist for the RICS, Simon Rubinsohn reportedly commented: “Portugal’s economic recovery gained a little momentum in 2015, with GDP growth picking up to 1.4% from 0.9% previously. If 2016 is to bring continued housing market improvement, economic fundamentals will be key.”

To read a more in depth account on this subject see TheMoveChannel.com

 

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

UK Gov announcement capping ground rents at £250

The Government has announced that it will cap ground rents at £250 per year in England and Wales, as part of changes to the leasehold system. The measures announced by the Prime Minister aim to give homeowners greater control over their properties and include new leasehold flats to be banned and existing leaseholders getting the…
Read More →
Breaking News

Landlords behind the curve on tax changes, and tenants could pay the price

Millions of renters are facing another cost-of-living hit, thanks to a botched tax overhaul and landlords who admit they don’t know what they’re doing. A new survey suggests most landlords are woefully unprepared for Making Tax Digital (MTD), a government tax overhaul due to begin this April. Just 1 in 8 landlords say they understand…
Read More →
Breaking News

Rental Inflation Grinds to a Halt as Rent Controls Arrive in Scotland

Rental growth falls close to zero at just 0.2% Rents fall in real terms as new Act gives rise to controls Caution advised for future council market analyses   National rental growth falls to near zero as new rent control powers land in Scotland’s Private Rented Sector. The latest Citylets report shows the rate of…
Read More →
Estate Agent Talk

Buying schemes remain in high demand but short supply across England

The latest research from Yopa, the full-service estate agents, reveals that whilst buying schemes designed to to help homebuyers onto the ladder are in high demand, the stock availability of properties with such offerings is low. Yopa has analysed the current market for for-sale housing stock in England, looking at what proportion of homes currently…
Read More →
Breaking News

Draft Commonhold and Leasehold Reform Bill

ALEP (the Association of Leasehold Enfranchisement Practitioners) has welcomed the publication of the Draft Commonhold and Leasehold Reform Bill, describing it as an important step in the government’s long stated aim to modernise tenure structures in England and Wales. The draft Bill, published as a policy paper, sets out to reinvigorate and reform the commonhold…
Read More →
Estate Agent Talk

New Phase for London’s Super-Prime Market

By Daniel Austin, CEO and co-founder at ASK Partners London’s super-prime residential market is entering a new phase, defined not by retrenchment, but by renewed global interest, improved value and a subtle shift in buyer dynamics. After several years of price adjustment, the capital is attracting a fresh wave of internationally mobile purchasers who see…
Read More →