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International investors confirmed their interest for the Portuguese Real Estate summit, the largest Iberian real estate meeting, which took place at Estoril, during the 29th and 30th of September. They are confident on the recovery of the economy and have been active in the market.
The event featured 250 representatives from the Portuguese and foreign real estate industry, including investors from Portugal and Spain, Belgium, the United Kingdom, Germany, Netherlands, Switzerland, France, Italy, Turkey, the United States, Canada and Brazil. The event’s main goal was to establish a roadmap for the recovery of the Iberian economy, with a focus on the real estate segments.
Iberian Property estimates that real estate investment in Portugal has reached, since the beginning of the year, 1.205 billion euro, of which 47% (561 million euro) concern deals concluded within the last two months.
Source: Iberian Property