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.

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