Pastel-coloured residential apartment blocks in the Marvila district of Lisbon. Portugal offers residence permits in return for a minimum €500,000 investment. Photo: Bloomberg

Portugal, Europe’s hottest property market, is becoming increasingly unaffordable for locals

  • Foreign investors have pumped €4.3 billion into Portuguese real estate through a residency programme since it began in 2012
  • Foreign Minister Augusto Santos Silva calls such programmes a ‘sovereign right’
Topic |   International Property

TOP PICKS

Pastel-coloured residential apartment blocks in the Marvila district of Lisbon. Portugal offers residence permits in return for a minimum €500,000 investment. Photo: Bloomberg
READ FULL ARTICLE