Since the end of the last economic crisis, Portugal has shown an impressive economic recovery. One of the markets that led the recovery was the local real estate market.
The market has risen a lot in recent years and sometimes we are asked about the possibility of a real estate bubble in Portugal.
The short answer to this is that the market not only rose but also matured a lot. After years of stagnation and prices that are not at all suitable for a European country, the Portuguese decided to rush forward and start realizing the great potential that this country has.
Lisbon and Porto are undergoing a facelift and new hotels are being built, new campuses, business centers and industrial units are being inaugurated, and new laws are being adopted to encourage entrepreneurship and more.
Here is a comparison between different countries regarding the possibility of a real estate bubble. It can be seen that the risk of the existence of a bubble is relatively low.