Thais buy big in Portugal

10 Mar 2015

Thai buying property in Portugal

Thai overseas property buyers were the sixth most active nationality in the Portugal property investment market last year, according to data published by a Chinese current affairs magazine in its latest edition.

Buyers from the United Kingdom, Spain and China occupied the top three overseas buying nationalities last year ranked by the amount of investments made.

Buyers from Singapore and Malaysia also made the list of top ten nationalities by investment value in Portuguese properties during 2014.

While the European country offers a fast-track visa scheme linked to property investment from overseas nationals, the magazine reported Chinese citizens made 85 percent of sales under the scheme.

Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg

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