Right now in Portugal, seven districts currently fall under the yellow weather warning. These include well-known tourist areas like Lisbon, Porto, and Aveiro, along with Coimbra, Braga, Leiria, and Viana do Castelo.
The Portuguese Institute for Sea and Atmosphere states between today and the evening of Wednesday, January 3, northwest wave heights will likely reach four to five meters.
High waves pose potential dangers because they can form breakers and cause turbulent rip currents. When this happens, people become far more susceptible to drowning.
More on Portugal in 2024
As this year kicks off, the prices of Portugal’s luxury properties are expected to reach a 2.5% rate of average growth. More buyers – especially in the United States – view Portugal as a worthwhile nation to find property at good rates. Tax incentives play a major role in this as well.
With the nation’s luxury housing market on to rise, now is very much a time for buyers to evaluate their options and procure the most bang for their buck. As 2024 goes on, the world can expect new developments and updates out of Portugal.
