I wrote this time last month that Portugal’s property market is booming and that’s certainly showing no signs of slowing down. The golden visas programme continues apace, attracting more and more investment into the country. Likewise, we’re seeing more results of the building boom, with luxury developments in Lisbon nearing completion. Plus, lest you think the Algarve’s just for holidays, an innovative solar facility’s opened near Martim Longo.
Confidence in Lisbon as a global investment destination is rising, after reports highlighted both growth and affordability in its property market. Interest from foreign buyers is especially bullish.
Portugal is a relatively cheap place to live – but not for everything. So what should you be squeezing into your luggage? And how do you bag a bargain? Portugal is a rather cheap place to live, by European standards. A recent Expatistan study, comparing living costs in 80 European cites, found Lisbon, Porto and Faro all comfortably located in the bottom half of the rankings.
Portugal’s low cost of living is one of the main attractions for expats, but if you really want to live life on a budget, there are various things you can do to make your existence even cheaper. It’s possible to enjoy a very pleasant existence in Portugal without spending a huge amount of money, but there are still some ways to drain your cash reserves if you’re not careful. In this article, we provide five useful tips to help you either economise, or avoid spending money you don’t have to.
