Why 2025 Is the Year to Buy Property in Portugal
With 2025 fast approaching, now is the perfect time to consider purchasing property in Northern Portugal. The real estate market here is showing promise, with more opportunities for buyers and investors. In this post, we’ll take a closer look at the current market conditions and why this is the year to secure your property in Northern Portugal.
What’s Driving the Growth?
- Increased Tourism: Northern Portugal has become a popular tourist destination, particularly Porto, which has witnessed an uptick in international visitors. This increase in tourism drives demand for both short-term rentals and permanent residential properties.
- Urban Regeneration Projects: Cities like Porto are undergoing significant urban regeneration, increasing the appeal of previously neglected areas. As a result, properties in up-and-coming neighborhoods are now seeing a rise in value.
- Favorable Government Policies: The Portuguese government continues to support real estate investment through favorable policies, including the Golden Visa program. This initiative attracts international buyers looking for residency opportunities in exchange for investing in real estate.
- Low Interest Rates: With Portugal’s low interest rates, now is an excellent time for buyers to secure favorable mortgage terms. Financing your property purchase is more accessible than ever.
Why Work with Noronha Consultancy?
Whether you’re an experienced investor or a first-time homebuyer, Noronha Consultancy offers a wealth of knowledge and experience. We ensure you’re equipped with all the insights you need to navigate the market successfully. From property sourcing to legal advisory, we’ve got you covered. Let us help you make the most of this thriving market in 2025.
