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

Second home hot-spots hit hardest by property slump

New analysis finds second home hot-spots, as well as London, lagged well behind national average growth Rathbones warns of relying on property to fund retirement, with research showing that equity portfolios outperformed housing by six times Housing in areas with high proportions of second homes lost more value in real terms in 2025 than the…
Read More →
New Build for Merseyside
Estate Agent Talk

Strong demand for buyer support schemes

Less than 2% of homes for sale offer buyer support schemes despite strong demand – More than one in three scheme-backed homes already sold as affordability pressures continue to drive buyer demand The latest analysis from London estate agent Benham and Reeves has revealed that homes offering buyers additional support through affordability and purchasing schemes…
Read More →
AI in estate agency letting agency property
Estate Agent Talk

A quarter of homebuyers think AI search will become more important than portals

New research from UK Property Development (UKPD) suggests that artificial intelligence could be poised to reshape the homebuying journey, with a quarter of recent homebuyers believing AI-powered search will soon overtake traditional property portals as the primary tool for finding a home. The findings come from a survey of 500 homeowners who purchased a property…
Read More →
Breaking News

East of England struggling to meet demand for large family homes

The East of England is facing a growing shortage of large family homes, according to new analysis from UK Property Development (UKPD), creating increasing challenges for buyers leaving London in search of more space, better quality of life, and access to one of the capital’s most desirable commuter regions. UKPD analysed live property listings data*…
Read More →
Breaking News

One in four tenants evicted a month ahead of the Renter’s Right Act

New analysis of 150,000 tenancies by COHO reveals that the Renters’ Rights Act (RRA) drove an estimated 73,900 additional tenancy eviction notices since 2023, with nearly 20,000 issued in the final month before the legislation came into force on 1 May. The data released this month by the property management software developer, revealed a sharp rise in evictions,…
Read More →
Breaking News

First-time buyers paying £38K up front

Average cost of buying a first home climbs above £38,000 as removal costs surge New research from Lyons Bowe that the average cost of buying a first home now stands at £38,353, with first-time buyers facing substantial upfront costs beyond the purchase price itself, as removal costs continue to soar. Lyons Bowe examined the average…
Read More →