Portugal Property Conference

The Portuguese Chamber of Commerce has been promoting business between Portugal and the UK for over 35 years, and works closely with all our member companies to help them present their products and services to the British market.

The Chamber focuses on two key elements:

Excellent service to members and the promotion in the UK of Portugal as an important European business partner.

About the property market

Between 1997/8 and 2007/8, the number of households in England owning a second home abroad increased by 116%. Latest estimates indicate 375,000 second homes abroad were owned by households in England in 2011.*

France and Spain each account for an estimated 23.5% of this total.*

The rest of Europe (in particular Portugal, Italy, Greece) accounts for around 27% of this total.*

From 2004-8 approx. 5,000 second homes per annum in Portugal were sold to British buyers.*
*(Source: DCLG English Housing Survey/Mintel 2011)