Online Searches for “Moving to Portugal” by Americans Spike, Topping All-Time Favorites for Moving to Europe The median price of a home in Portugal was $138 per square foot in the first quarter of 2022, according to Statistics Portugal, having recorded a sharp 17.2% increase from a year prior, but well below the median price of a home in the United States of $202 per square foot, according to data released by the U.S. Hand in hand with this evolution, searches online from the United States for “real estate in Portugal” are following a strong upward trend, rivaling Italy for the first time, thanks to stronger purchasing power for Americans interested to invest in Europe, and Portugal offering some of the most attractive housing prices in Western and Southern Europe.
But the most recent Google Trends data reveals the spectacular rise of a new star: Portugal spiked in popularity in recent months, surpassing all other major European destinations in searches for the term “moving to” for the first time in recorded Google Trends history. European countries have been long time favorites for moving abroad for Americans, with Italy, Spain, and France at the top of the list for decades.
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