The Portugal guide

Discover some of the most important characteristics of Portugal. Gain valuable insights into the country’s socio-economic profile and other relevant data concerning the Portuguese real estate market.

Global leader in sustainability

Renewable power sources supplied an impressive 61% of Portugal’s electricity in 2023. Notably, Portugal already boasts one of the highest ratios of renewable energy consumption in Europe. This significant accomplishment reflects the nation’s steadfast dedication to reducing its carbon footprint and fostering a more sustainable energy future.

Awarded as the best country to retire

Portugal has once again taken center stage, securing the esteemed position of Europe’s premier retirement destination. It has also clinched the impressive second-place globally in the highly regarded 2024 Annual Retirement Global Index by International Living.

7th Safest country in the world

The 2023 Global Peace Index reveals that Portugal continues to secure its position among the top ten most peaceful countries, holding the fourth spot in militarization and earning recognition as the fifth most peaceful country in Europe.

+980 Km’s of coast and sandy beaches

This extensive coastline is one of the country’s most remarkable features, attracting locals and tourists alike. The sandy beaches of Portugal are known for their natural beauty, varying from long stretches of golden sands to hidden coves nestled between rugged cliffs.

Ranked no. 8 out of 113 countries

Portugal holds the 8th position among 113 countries in the EF English Proficiency Index. It means a commitment to literacy and personal empowerment within the population, showcasing a community that is not only capable but also eager to engage and connect with the global community.

The oldest country in Europe

Sunny days per year

International Schools

Airports

A country who welcomes foreigners

As of the most recent data available, the foreign population residing in Portugal has increased for the seventh consecutive year, reaching a total of 757,252 in 2022.

  1. Brazil with 233,138 residents.
  2. United Kingdom with 36,639 residents.
  3. Cape Verde with 35,744 residents.
  4. India with 34,232 residents.
  5. Italy with 33,707 residents.
  6. Angola with 30,417 residents.
  7. France with 27,614 residents.

18

districts

Mainland Portugal is currently divided into 18 districts, each serving as an administrative unit for various government functions. These districts have historical significance but are gradually losing some of their importance.

308 municipalities

Smaller, more localized administrative units responsible for day-to-day citizen services like sanitation, waste management, and local planning. There are a total of 308 municipalities in Portugal, with 278 in mainland Portugal, 19 in the Azores archipelago, and 11 in Madeira.

545,796 versus 1,258

Lisbon bursts with life with a population of over 545,000, a stark contrast to Barrancos’ quiet 1,258 residents. One a bustling city, the other a peaceful village, but both offering unique Portuguese experiences.

Sociodemographic context

Unemployment Rate

Source: Idealista Data / INE

Demographic Projection

Source: Idealista Data / INE

Stock Indicator

The available housing stock for sale was 4.03% in December 2023, while the rental stock was 0.38% in relation to the total existing housing stock in Portugal.

Source: Idealista Data / INE

Foreign demand

Foreign demand in Portugal represents around 1/4 of the total.
On the islands and places like Faro, international demand is close to or exceeds 40%.
International interest is also generated by locations in the north of the country, such as Viana do Castelo or Bragança, where price is a very attractive factor.

Source: Idealista Data / INE

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