Portugal has been a member of the European Union for 26 years and forms part of the European Monetary System, using the European single currency. According to the World Bank, Portugal is the 43rd largest economy in the world, with one of the highest GDP growth rates over the last 40 years among the OECD countries. Portugal is ranked among the best countries in the world for doing business: in 2012, Forbes business magazine ranked Portugal in 24th place, on a list made up of 141 countries. Aspects such as property rights, innovation and technology, individual, commercial and monetary freedom and investor protection were all taken into account for this evaluation. Portugal is also the 17th most peaceful country in the world out of a sample of 153 countries (Global Peace Index 2011) and holds 32nd place out of 182 countries in Transparency International (Corruption Perception Index 2011): Portugal holds 32nd place out of 182 countries.
Already been awarded to the architects Eduardo Souto Mouta and Álvaro Siza Vieira .Likewise, very attractive prices have made real estate in Portugal into a competitive and trustworthy sector. Over the course of the last 20 years, Portuguese real estate has experienced major development, both due to the fact that construction quality is becoming increasingly more sustainable, and due to the evolution of spending power.