The demand for land for sale has increased by 24% in Portugal in the last 3 months. This is because buying land is a profitable business, whether for the final buyer or for the investor. On LEILOSOC.COM you can find Land and Lots for Construction in the North, Centre and Islands.
Buying a land is a long-term investment, being vital in building a solid and secure heritage. Not only does it allow the freedom to build a custom home, but it also offers several advantages, such as:
- Long-term Investment: Buying a land is a long-term investment that can yield significant returns in the future. The growth of the population and the expansion of urban areas, cause the increase of its value, valuing it over time. In addition, a land is a tangible asset, unlike shares or securities, which can be unstable and uncertain.
- Freedom of Construction: The purchase of a land allows the buyer the freedom to build the house they want, without the restrictions of an existing house.It allows the choice of size, location and the style of the house that best suits the needs of the acquirer. In short, building a new house can prove to be cheaper than buying a house already built.
- Lower Initial Costs: Buying a land may have a lower initial cost than buying a house already built. Usually you will have to pay a smaller entry and you can finance the rest. This may constitute an advantage for those who do not have capital to make a large initial investment or for anyone who wants to save on interest over time.
Above all, buying a land can be an excellent investment, which justifies increased demand for land. It allows you the freedom to build the house of your dreams and to enjoy a tangible asset that can be valued over time.
It is a safe, highly profitable investment and can generate good results in the medium and long term!
Article by Isabel Meireles by LEILOSOC® dated April 02nd 2024
