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Engel & Völkers Licence Partner Lagos, ALGARVE > Blog > Portugal is the 5th best country in the world to invest in real estate

Portugal is the 5th best country in the world to invest in real estate

Portugal is the 5th best country in the world to invest in real estate, having climbed 1 position in TheMoveChannel's ranking in January.
The United States, Spain and Italy occupy the first three places of this list prepared by the main independent international real estate website,which evaluates the interest of global investors on a monthly basis. Greece is one of the highlights of the month, having climbed 18 places, now occupying the 4th place in the list.
Dan Johnson,director of TheMoveChannel, comments that "after a year of political uncertainty, of discussing the national debt and a potential 'Grexit' in 2017, Greece's lifestyle appeal has not disappeared. In fact, it is more affordable than ever, after house prices have fallen for the last eight consecutive years, "quotes the Idealist.
On the other hand, and commenting on the leader ofthe ranking, "American property continues to be one of the most attractive in the world. The economy of the country, regardless of its political situation, is stable, with the Federal Reserve still in progress to raise interest rates again this year »

Source: VidaImobiliária

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