Deloitte Real Estate Market Sentiment - 4th edition
Fiscal policy hinders the sector recovery
It is with great pleasure that we share with you the 4th edition edition of the Deloitte Real Estate Market Sentiment. This is a survey that covers the main trends in the evolution of the Real Estate sector in Portugal, according to the Deloitte Portugal Real Estate team and that is conducted on a quarterly basis.
Overall, the majority of respondents (59%) believe that the Real Estate sector has seen a positive evolution in the last 3 months.
Regarding the evolution for the next quarter, expectations are evenly distributed, with just over a third of respondents considering that the sector will evolve positively.
According to respondents, the main variables that will have a positive impact on the evolution of the Real Estate sector in the next quarter are demand (58%), the entry of new players (58%) and urban rehabilitation (50%).
On the other hand, property taxation (67%) is the most prominent variable that could have a negative impact on the evolution of the sector.