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Emerging countries buy luxury homes in Portugal

the market for luxury homes in Portugal is experiencing a period of euphoria as I have not been through many years, says 'Expresso'.

The big wave of acquisitions began about a year ago when a famous Chinese entrepreneur with businesses in Portugal 10 million euros paid by the palace Quinta Patiño, in Estoril.

Just over a week, a representative of the royal family of UAE visited Lisbon in order to buy a mansion for a sum of "several million", according to the manager of Sothebys, James Queiroga. This same company is finalizing a deal with an Austrian public figure known for the purchase of a palatial home in the Bay of Cascais, dated 1886. The estimated price is 7 million.

But is not there. There are also Chinese and Angolan shopping in the country.


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