Portuguese people are all now talking about real estate investment, and ngl i get it, prices have been crazy past few years.

but before overleveraging your life, remember that there has been periods like 2001-2018 where you'd made €0 in house appreciation.
especially now that governments in the EU are tightening up immigration rules due to the pressure they're getting from population, you can expect one of the main drivers of this phenomenon to slow down, and supply/demand imbalances kinda matter innit?
im not saying it will crash, I am just saying that flipping and investing is not a PaSsIvE iNcOmE strategy that you see on tik tak. it takes a lot of effort , capital and risk. and if your cashflow situation is not sorted out, you can end up in a situation where others have ended up, and it aint good.
over them long haul, i do believe everyone should try to own a home. its one of the best places to park savings and secure a more comfortable retirement, even if all else fails, you still have your home (hopefully).
but trying to fomo into trends, especially this high in comparison to the avg Portuguese yearly income, and with an expected demand decline, seems to me a bit on the risky side.
in any case, i am a degen for a punt as much as the next guy.