Portugal is experiencing a real economic miracle!
Some numbers first:
- In 2017, Portugal's Gross Domestic Product (GDP) grew by 2.5%, compared with 1.9% for the euro area.
- Between 2016 and 2018, the country has reduced its budget deficit from 2.1% to 1.5% of its GDP (2.3% expected in France at the end of 2018).
- Over the same period, the unemployment rate fell from 11.1% to 7.9% at the beginning of the year, and should reach 7% in 2019
Spectacular results that sometimes shake up the European economic model.
Portugal is attracting more and more Europeans, especially the French, who have become the leading foreign investors.
The Algarve is the most coveted region for its climate and quality of life. Demand continues to grow and projects construction are multiplying.
For reasons of confidentiality, these projects are not online.
Contact us for more information.