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Engel & Völkers Licence Partner Lagos, ALGARVE > Blog > Second home market – The time to invest is now!

Second home market – The time to invest is now!

According to TheMoveChannel, the leading independent international real estate website, Portugal is the second most sought-after country on the portal and has the ninth best rental income on the European continent (5.64%). With returns surpassing Spain and France, it is at the moment one of the best markets for owners looking for Europe.

In addition to the development of tourism, the local accommodation in Portugal has been growing since 2015.

The real estate market is a great option for those who want to start investing and also for those looking to diversify. Investing in real estate is safe, profitable, and offers great opportunities.

When choosing a property in an area with high valuation rates, the tendency is that, over time, the value of the property increases steadily and significantly

A well located property can be the opportunity to have the dreamed up holiday home, near the beach, for example, and a profitable investment.

The time to invest is now!

If you leave it for later, chances are that the opportunities will disappear from the market. So, take the opportunity to search our portfolio. You will surely find an option that meets your needs, requirements and budget.

If you are looking for an immediate return on your investment we strongly recomend you to have a look at the our “Featured property”

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Licence Partner Lagos, ALGARVE

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