Real Estate Sector Continues to Drive Foreign Direct Investment in Portugal

 

Foreign direct investment (FDI) in Portugal has been significantly driven by the real estate sector, particularly in the first half of 2024. By June, FDI transactions reached €4.1 billion, more than double the amount in the same period of 2023. Out of this, €1.6 billion was invested in real estate, highlighting its importance as a key driver of investment in the country. European investors led the way, contributing the largest share, followed by investors from America, Asia, and Africa. The total stock of FDI in Portugal at the end of June 2024 was valued at €184 billion, representing 67% of the country's GDP.

Despite a decrease in quarterly figures—from €853 million in late 2023 to €682 million in the first quarter of 2024—real estate still accounted for the majority of FDI during this period. This sector's continued appeal demonstrates its critical role in attracting foreign capital to Portugal​

 

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