Foreign buyers are very active in Portugal (Idealista.pt), with 20% of transactions, the majority of which coming from French, British and Chinese…
Since 2008 international buyers have more than doubled in 8 years (from 34,704 transactions in 2008 to around 76,680 in 2015), while prices have halved ! What’s happening ? What do foreign buyers want ?
How a previous housing crisis can promote international buyers due to risk-averse banks.