O & O – Luxury Real Estate Agency Quinta do Lago

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Portugal puts emphasis on providing quality real estate for wealthier purchasers

Since the last alterations on planning legislation, the government has been strict about new constructions and developments.

Planning permission is no longer given to more than three storey properties built on the coast and no more homes will be constructed closer than 500m from the shore (except touristic developments with low construction densities).

Developers are also required to consider how much green space is provided.

The tight restrictions on developments and the efforts made in appealing an increasingly up market clientele make of Portugal the perfect country to those looking for a reliable investment. Stability has been highlighted as one of the benefits of buying property in Portugal that is becoming more exclusive and attractive for wealthier purchasers looking for a home in the sun.


 

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