Black Concrete - Real Estate in Lisbon, Setubal, Seixal | Golden visa property Portugal

The increase in demand for real estate has noticed a drop of 13% in the stock of Portuguese properties available for sale in the first quarter of 2022 apart from the beginning, as a comparison to what was available in the same period in 2021. The most recent research confirms that the real estate sector in Portugal is booming.   In 2021, the real estate market in Portugal noticed a hike of 13.8%. And one year ago, the increase was only 5%. The market will have grown by 20% by 2022, affecting those who were not interested in purchasing. Objects have become more commonly bought in small towns. At the start of 2022, the average cost per square metre was 2,000€. The value of the new buildings was 1.5 times higher than the secondary market. It is just like paying 3088 € over 1871€ for a single-meter square.   The highest property prices were noticed in Real estate in Lisbon and Porto. On average, the cost of notice in the center of Lisbon is 4850 € per meter square, and th...

The prices for  real estate in Lisbon  are worrying the property investors, especially the first time home buyers who have always wanted to have a dream place of their own but now are hesitating by seeing the prices.  So, here are a few tips that will enhance your first-time home buying and ease the process.    1. Stick to the Budget  More than physical, home buying is an emotional experience but remember not to flood away in the emotions and don’t make an expensive instant purchase that doesn’t fit your monetary purchase and later feel restless.    Instead, stick to your budget, and you can always remodel and renovate your home when you have the money. This way, you will always feel safe & secure.    2. Secure the Finances  Before finalizing the property, secure your finances. For example, are you going to pay the entire amount in one go, or are you willing to take a loan?  If you’re saving up for a while, ...