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2017 / iberian.propery // 55
Jorge Bota
B.Prime
Managing Director
Absolutely! Despite some liquidity con-
straints, the Portuguese property market
has shown some of the best returns on
investment in comparison with other Euro-
pean markets, as has been demonstrated
in data by the IPD.
We believe the market still has room to
grow in the next 12 months, although this
will take place primarily through an increase
in rents than in yield compression. Therewill
also be some growth in yields, principally
in some secondary locations, but rents
will carry greater weight in the near future.
Stability, both in the fiscal and judicial
framework, may well be the most impor-
tant factor that still makes some investors
hesitate. Explaining the VAT regime in the
Portuguese propertymarket is a challenge
that, for investors analysing our market for
the first time, may be a difficult barrier to
overcome!