Nuno Nunes, director of Capital Markets at CBRE Portugal,
There continues to be a high level of interest in the national real estate market, both for high level investors and expat buyers.
“Portugal is perfectly within the radar of the international investment community and, at a national level, we foresee very positive developments in the investment capacity of local players. There are currently more than 2.4 billion euros of assets being marketed or with processes underway to be launched to the market soon, leading us to anticipate an investment volume for the year (2021) of approximately 2.5 billion euros.”
Why Real Estate?
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president
Time is Everything
Perhaps the most important thing to remember about how compound interest works in real estate investing is that it depends on time. The longer some income or asset is compounding, the more it will grow. Compound interest creates a snowball effect that grows exponentially as time goes on.
Thus, the earlier you can get started investing, the more money you will be able to make. It’s OK to start with a small amount of capital, to test the waters!
“Don’t wait to buy real estate, buy real estate and wait!” Will Rogers