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PORTUGAL IS THE 5TH BEST DESTINATION FOR REAL ESTATE INVESTMENT

Portugal is the 5th best country in the world for real estate investment,  climbing one position higher in the ranking of  TheMoveChannel in January.

The United States, Spain and Italy occupy the three top places on this list, produced by the principal independent site for international  real estate, which each month evaluates the situation in the best interest of global investors. Greece is one of the countries highlighted this month, for having risen 18 places, now at number 4 on the list. 

Dan Johnson, director of TheMoveChannel, gave the view that «after a year of political uncertainty of the discussion on national debt, and  ‘Brexit’ possible in 2017, the appeal of the lifestyle in Greece has not disappeared. In fact, it is more attainable than ever, as house prices have fallen over the past consecutive eight years», as his optimistic opinion.

On the other hand, commenting on the leader in the ranking, «Property in the US continues to be one the most attractive in the world. The economy of the country, independent of its political situation, is stable, with the Federal Reserve still on course  to increase interest rates again this year».