This thread is meant to get feedback and thoughts about the value of real estate in the post-COVID environment, specially related to Golden Visa investors in Portugal. Any relevant input from southern Europe would be welcome here.
There are really one premise and three subtopics here:
Premise 1 - Due to COVID, the value of real estate will decrease in general. This is virtually a fact after discussing with multiple people in Portugal and seeing the impact on the tourism industry in Portugal.
Some have suggested that this can create some good opportunities for GV investors. Whether that is true remains to be seen. But it opens some points of discussion.
(A) When is the optimal time to buy to get the best values from the COVID related downturn in real estate market whether through funds or direct real estate purchase.
(B) with respect to investment funds, what types of properties will perform best post-COVID. Some funds focus on retail, some on residential, some on anything that is a good value. Which will prevail and when?
© For anyone on the ground in Portugal can you provide any anecdotes? For those owning or purchasing real estate in Portugal, can you offer any suggestions?