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Portugal's real estate market has been growing in recent years, driven by a combination of factors such as a stable political environment, a growing economy, and a favorable tax regime for foreign investors. The country has seen significant development in the real estate sector, particularly in urban areas such as Lisbon and Porto.

One of the key drivers of the Portuguese real estate market is the demand for residential properties, particularly in the luxury segment. The country's Golden Visa program, which offers residency permits to foreign investors who purchase properties above a certain price threshold, has attracted a significant amount of foreign investment in the luxury real estate market.

In addition to residential properties, there has been significant growth in the commercial real estate sector in Portugal. The country's growing tourism industry has led to an increase in hotel and resort development, while the strong business environment has created demand for office space.

Portugal's real estate market also benefits from a relatively simple and transparent legal system, making it easier for foreign investors to purchase property. Additionally, the country offers a number of tax incentives for foreign investors, including exemptions from capital gains tax and property tax for up to 10 years.

Overall, the outlook for Portugal's real estate market is positive, with continued growth expected in the coming years. However, challenges such as a shortage of affordable housing in some areas and a lack of infrastructure in certain regions still need to be addressed.

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