Portuguese Real Estate – Which Side Are You On? (December, 2021)
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Portuguese Real Estate – Which Side Are You On? (December, 2021)
Daniel Caparros Gutierrez
Modified 1 Year ago.
Report
Portuguese Real Estate – Which Side Are You On?
40 mins.
07 DECEMBER, 2021
ANALYSTS:
Ignacio
De la Torre
Leopoldo
Torralba
Beatriz
Cortez de Lobão
Diego
Mejía
CATEGORIES:
Real EstateAER PortugalPortugal
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“You know Madonna bought a house in Portugal?” is one of the favourite random curiosities Portuguese people like to share when they met foreigners. It is also used regularly as a structural argument to defend that the Portuguese housing market is moving like never before, and although Madonna is not specially known for her expertise in real estate, the truth is that she got this one right.
Virtually everyone has noticed the world was hit by a pandemic, still, the Portuguese housing market has demonstrated its immunity to the crisis as prices continued to increased and people keep buying and selling houses during lockdowns like nothing happened. So it surges the million dollar question: is this a dream about to end or it the Portuguese housing market just immortal?
How have demand and supply of Portuguese housing evolved during the pandemic?
Have prices performed in line?
What do we expect for the next few years?
What are the main risks to our base case scenario?
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