French buyers in Portugal: 20% of foreign buyers
French people were responsible for 20% of the total sales to foreigners in Portugal last year:
- 180,000 real estate transactions in Portugal
- 35,000 properties bought by foreigners (20%)
- 7,000 properties acquired by French buyers (20%)
Average price paid: 160,000 euros
What’s more, the average property bought by a foreign buyer was a property worth 160 407 euros. Interestingly enough, this is 20% higher compared to the average price paid by Portuguese people, which stands at 134,000 euros.
1.1 billion euros invested in Portugal
Now that we know how many French people bought real estate in Portugal, and at what price, we can conclude that French people bought for 1.1 billion euros worth of Portuguese real estate.
- 7,000 Portuguese homes bought by French people
- 160,407 euros on average
- 1.1 billion euros market
How to sell more properties to French buyers?
Now that you know that French buyers are massive in Portugal, how can you sell properties to them? How to market Portuguese properties to French buyers? Well to answer that, you can check:
- My article about the Top 5 property portals in France
- The presentation of the Foreign Buyers Concierge service => get someone French to call your French leads! You’ll convert them 5 times better, and make 5 times more sales with French buyers