INVESTMENT IN THE CENTRE OF PORTO GROWS 64% TO €154M

INVESTMENT IN THE CENTRE OF PORTO GROWS 64% TO €154M

Numbers revealed by Confidencial Imobiliário show that the second semester was the strongest in the year, with a total of  97.2 million euros invested, the semester with the highest investment since 2007. 

In the first semester of 2016,  57 million euros, were invested, lower than the 68.8 million in the same period of 2015. 

In this content, property continues to increase in value, with a 12.9% increase in prices compared to the previous year, as noted in the ‘Índice de Preços do Centro Histórico do Porto’ (Index of Prices in the Historic Centre), produced by Ci. The annual growth of prices has kept in two digits since 2012, with an accumulated price increase of 48% in the last three years. 

It is also interesting to note that the market in Porto as a whole registered a 1.8% increase in house preces in 2016, 12% more in in terms of those accumulated over the past three years.

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