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Engel & Völkers Licence Partner Lagos, ALGARVE > Blog > What makes the rich and famous "move" to Portugal?

What makes the rich and famous "move" to Portugal?

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The (good) weather is just one of the reasons that is attracting more and more celebrities to Portugal. Security, gastronomy and culture, beaches, taxation and low house prices - which are increasing but are still far below those in other European cities - they are also making a number of celebrities surrender to the charms of the country. John Malkovich, Monica Belluci, Michael Fassbender, Eric Cantona and Christian Louboutin have moved to Lisbon and Madonna may be the next lady.

The queen of pop was seen in Lisbon, Sintra and Comporta and will have shown interest in buying Quinta do Vinagre in Sintra. There are also reports that she bought Quinta do Relógio, in the center of the same village, for seven million euros. And during the stay of more than a week in the country, the artist will have enrolled the daughters in a school of the capital. The existence of good schools is, in fact, another motive that helps to give a good image of Portugal across borders.

Also the Brazilians are surrendered to the national real estate market. If a few years ago Florida (USA) was a destination of choice - the dream of any Brazilian is to have a house in Miami - now the focus is on Portugal. And there are several well-heeled Cariocas who have already invested in a second home in Lisbon, such as Aguinaldo Silva, Paolla Oliveira, Glória Perez, Cláudia Abreu and Fernanda Torres.

The cultural dynamics and lifestyle of the Portuguese, together with the climate and security, are some of the characteristics that are helping Portugal on the map, as refered by the mediators contacted by the idealist / news.


Source: Idealista

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