MARKET REPORT Portugal What ages are the foreign buyers?


Up to 40 yrs - 28% Between 40 & 60 - 58% 60 plus - 14%


Though the retirement market is expected to grow, it remains relatively insubstaintial at the moment


New or Resale? New - 24%


Old - 76%


Resale property is popular, partly because distressed properties offer longer-term investors a bargain


What is the average sale price? Under $250k - 25%


Between $250k and $500k - 50% Over $500k - 25%


Middle-of-the-range (pricewise) property offers the most realistic appeal for the largest group of investors


Do you work with foreign introducers?


Yes - 71% No - 29%


Foreign introducers can be vital for many agents and developers to draw in non-European buyers


36


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