May 2020

Portuguese Investment Property Survey

COVID-19 HASN’T STOPPED ONGOING DEVELOPMENTS 6% VAT AND GOLDEN VISAS SEEN AS ESSENTIAL MEASURES

  • Developers expect prices and sales to drop over the next 12 months
  • New projects will be placed on hold, but ongoing development will continue
  • Operators advocate tax and legal measures to stimulate market recovery
  • Economic outlook is now developers’ top concern

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