Property prices in Portugal rise despite pandemic

clock • 3 min read

Property prices across Portugal have risen by 12%, according to market research published today, defying predictions of a downturn amid the country's state of emergency as the covid-19 virus continues to spread. Imovirtual has reported that property asking prices across Portugal have experienced a 12% increase suggesting that, despite the ongoing covid-19 crisis, Portugal's housing market remains resilient. The average asking price rose from €316,629 in March 2019 to €354,757 in the same period of 2020, Evora and Setubal contributed towards the highest growth in the average asking pri...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.