Portugal: Foreigners invest €682 million in real estate

Luisbon: Despite this, real estate continues to represent the largest share of the 1,000 million in foreign direct investment in the country registered between January and March this year, reveals the Bank of Portugal (BdP).

Foreign direct investment in Portugal in the first quarter totalled 1,000 million euros, of which more than 600 million euros were real estate investment.

Although real estate continues to represent the largest share of foreign direct investment in the country, the value added in the first three months of 2024 is lower than that recorded at the end of 2023 (853 million euros) and that observed in the summer of last year (1,137 million of euros).