COVERSTORY
real estate market , we ’ ve got you here . Look no further than the Fifty Shades Developments . These developments are based in Poland and rank amongst Europe ' s premier property development organisations , with a proven track record for providing exceptional rates of return .
United States of America The pandemic has certainly affected every sector but residential real estate has been very resilient . The real estate sector has also been highly supportive of the economic recovery of the country . It has emerged as a pillar of support for the economy . 2020 was a record-breaking year for the US housing market .
According to the US real estate investment analysts , Norada , “ The US housing market has been struggling to keep up with the demand for the past decade . Currently , there is an extremely tight supply of homes on the market , the lowest on record since the turn of the century . There are reasons to believe that housing supply will ramp up in the coming month .”
And when it does , you need to have already decided about the next investment destination of your choice .
Portugal Portugal is another region that was badly affected by the coronavirus crisis , with high numbers of infections and fatalities . At the beginning of the year 2021 , from January through to March , the country has been in a national lockdown , with many urging for measures to be extended until at least Easter . However , the situation in this country has been greatly improving .
Towards the end of February Portugal recorded its lowest number of deaths since November 2020 and the country ’ s property prices have been rising for the last ten years and remain strong despite the chaos brought by COVID-19 and the followed lockdowns .
Interest Rates Property prices in Portugal rose by an average of 5.9 % in 2020 , but a recent report by Moody ’ s predicts that prices will start to fall this year . The credit rating and research agency predicts that property prices might dip by 2 % over the course of 2021 . However , this is much less of a drop than expected for the majority of European nations as the Portuguese economy is less reliant on tourism , so property in Portugal remains a fairly sturdy investment opportunity .
There are many deliberations to be made prior to deciding if whether you will be moving your investments or not . One of those is answering the “ where ” question , answers of which will leave you with an understanding of what property are you going to buy and in what area .
Situated in the heart of Portugal , in the Capital City of the country , Lisbon , investors can buy properties in LX Living . This is a brand-new , mixed-use development in Amoreiras , a soughtafter residential neighbourhood in central Lisbon , developed by SA property tycoon John Rabie .
This prime location is just a short stroll from the prestigious Avenida da Liberdade , in the heart of the city ’ s gracious , spacious
14 MARCH 2021 SA Real Estate Investor Magazine