Luis Horta e Costa Develops Portuguese Industry

According to research by the Spanish real estate website Idealista, people worldwide are flocking to five of Portugal’s most attractive cities. It comes as no surprise. Portugal enjoys pleasant weather all year, reasonable living costs, wonderful food, is quite safe and has stunning beaches and a natural environment.

Lisbon is the most visited city, followed by Cascais, Albufeira, and LoulĂ©. The fifth position goes to Porto. Luis Horta e Costa, a real estate investor, is one of many people born and raised in Lisbon who adore the city’s charm.

So, he and his business partners chose to develop Square View in that city in 2016, which is why. The company’s primary concentration is on real estate development and management.

“To compete in the industry, we need to grasp the size of the market in Portugal and the demand worldwide,” he stated.

Another advantage of Portugal is its “Golden Visa” program which was launched in 2012. This made it an attractive option for foreigners looking to enter Europe rapidly in exchange for real estate investments.

Based on data from the second quarter of 2022, an Idealista poll discovered that Lisbon, Loulé, Albufeira, Cascais, and Porto were the top five destinations for international buyers.

Lisbon’s Allure

Since an earthquake wrecked the city in 1755, Lisbon, Portugal’s stylish capital, has been constructing new buildings. This tendency does not appear to be waning anytime soon. It is critical that it can keep up with rising demand: Many people in the United States wish to buy property in Portugal. Buyers from Brazil, the United Kingdom, Germany, and France are interested.

Lisbon is a welcoming city for many reasons, including its charming cobblestone streets, delectable cuisine, and lengthy history. People who speak Portuguese speak English better than those who speak Spanish, French, or Italian. Thus English speakers will feel quite at home in Lisbon.

Despite its status as a global metropolis, the cost of real estate in Lisbon is far lower than in other European capitals of comparable sophistication.