Portugal real estate is showing resilience in the time when European real estate market of developed countries are either stagnant or in negative phase. Real estate market in developed EU countries including Sweden, Germany, Finland and Luxembourg were mostly on negative side. However, countries like Bulgaria, Portugal, Hungary, Latvia, Malta, Croatia and Poland shows positive real estate growth during 2024. This report is generated by the EuroStat where the average House Price Index of Euro area rose by 3.8% during July-September 2024 time.
Why Portugal Real Estate Prices is Growing Exponentially?
The Portugal real estate has grabbed the attention since the start of 3rd decade of 21st century due to many reasons. It involves international interests, tax incentives by Portuguese government, Golden Visa and immigration investment programs to lure non-EU citizens. As per a conservative real estate market forecast for 2025, Portugal real estate market is likely to grow by 5.8% where as the EU real estate may decline by 2.5%.
Best Portugal Real Estate Regions for Investment
As per the best Portugal Real Estate website idealista, the real estate Lisbon Portugal market is one of the key attractions for investors. The 2025 European Prime Price Forecast by Knight Frank ranked Lisbon among top 10 EU cities where luxurious residential property prices will appreciate by 4.5%.
Real estate in Lisbon Portugal – 3 Market Trends to Follow in 2025
Real estate developers highlight the features of real estate in Lisbon Portugal with personalization, luxurious living and peripheral development projects in Lisbon Metropolitan area. The three trends that are reshaping the Lisbon and its metropolitan areas including Montijo, Amadora, Setubal and Moita includes:
- Digitalization and Personalized Customer Experience via virtual tours for international clients and interactive real estate platforms
- Rising as forefront among luxurious real estate markets in Europe especially for new generation millionaires investors from US, UK, Brazil and South Asia.
- Infrastructure improvement including rail links, roads and metro rails to connect south-west municipalities
These three real estate trends in Lisbon along with 12 months access to beaches, 7th safest country ranking, low crime rate and English widely spoken are the key attractions for real estate investors. This means more people from every walk of life are investing in Lisbon properties.
Porto Portugal Real Estate
Porto Portugal real estate is the new point of attraction among real estate investors and developers. The city is famous for its UNESCO World Heritage site, delicious cuisine, music and art and these are the attractions for tourists worldwide. Real estate market of Porto is a mixture of history and modern architecture. Real estate rental properties in Porto Portugal are a
Porto city has attracted the investors from KSA as a visit by over a hundred investors is announced at a meeting between Arab-Portuguese Chamber of Commerce and Industry, the Porto Local Authority and the Luso-Saudi Business Council. The investors have shown their interest in health, tourism and real estate developments.
Real Estate Portugal Investment in 2024
As per an estimate, the real estate for sale in Lisbon, Porto, Algrave, Braga and in entire Portugal have been attracted around €2.1 billion from foreign investors. This is mainly in shape of Portugal Golden Visa or various residence by investment programs mainly for non-EU citizens. The analysis by Property Market Index, a famous luxury real estate research firm, Portugal real estate sector will continue to grow exponentially due to foreign direct investments from affluent expats.
EuroStat Real Estate Report
As per the Eurostat official website, the prices of rents and real estate in Portugal grow during first three quarters of 2024. Upon comparison with 2023, Portugal property market appreciated by massive 9.8% during third quarter. The first quarter shows a growth of 7% and second quarter shows a growth of 7.8%. The report also highlights downward growth for real estate in France, Finland and Luxembourg with -3.5%, -2.8% and -1.7% growth during first three quarters of 2024. Data for 4th quarter wasn’t available at the time of report compilation.