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At a Glance: Demand soars for property across Portugal

Posted by: In: Real Estate 16 Apr 2014 Comments: 0 Tags: ,
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– Enquiries for Portuguese property up one-third nationally
– Lisbon most-searched property location in Portugal
– Algarve responsible for 6 in 10 Portuguese property enquiries
– 10 times more searches for “property in Portugal” on Google (2013 vs 2011)

Lisbon is now the most-searched property hotspot in Portugal, according to TheMoveChannel.com, accounting for 4.33 per cent of all Portugal searches on the site in the 12 months to February 2014, up from 3.61 per cent in the 12 months to February 2012. The Portuguese capital knocked Albufeira off the top search spot. The Faro town was the subject of 9.63 per cent searches in 2012’s At a Glance report, but its share has now dropped to 3.26 per cent, as buyers begin to look all over Portugal for real estate investments.

Indeed, the Algarve accounts for five of the 10 most searched-for Portuguese locations on TheMoveChannel.com, down from six two years ago. Leiria and Lisbon made up the remaining four locations in 2012, but Lisbon now makes up three of the remaining five, alongside Setubal and Braga – an indicator of how varied and widespread interest has become.

The Algarve still receives the majority …read more

Source: The Movechannel

    

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