Investing in luxury properties in our country requires a detailed market study, in order to be aware of the most fashionable regions that provide the greatest profits in the medium / long term.
The luxury real estate market in Portugal has been on the rise since 2018, mainly due to tourism. Choosing this country to invest in luxury properties can be advantageous and there are many places to do so, from north to south of the national territory.
To help direct your investment, in this article, we list the best cities and regions for real estate investments in Portugal.
What are the best regions in Portugal to invest in luxury properties?
Although Portugal is a small country, it has some privileged areas, located in or close to large urban centers.
The capital, Lisbon , and the city of Porto are the most attractive places at the moment to invest in luxury properties. However, the Algarve region and the archipelagos (Madeira and Azores) are also beginning to pique the curiosity and interest of investors.
Best luxury areas in the city of Lisbon
The region where Avenida da Liberdade and the Príncipe Real area are located is one of the most coveted places to live in the capital. The most important multinationals, imposing hotels and internationally renowned brand stores are concentrated here.
For all these reasons, this is the area that records the highest average price per square meter in the capital. In addition to this, there are other privileged areas:
Nations’ park
For those looking for a quieter area, outside the center of Lisbon, this area is considered an excellent option. Modern and innovative, Parque das Nações is full of cultural offerings, which increases the value of the projects. In this area, an apartment can easily cost a million euros.
Cascais and Estoril
If you appreciate nature and the tranquility of the sea, this area could be the answer for those looking to invest in luxury properties. These locations are just 30 kilometers from the center of Lisbon, which makes them good investment options.
Best luxury areas in the city of Porto
The city of Porto, the second largest urban center in the country, was recently voted the best city destination in Europe to visit. This distinction added confidence and captivated those who want to invest in luxury properties in the North of Portugal.
Here we can also highlight premium locations to invest in luxury properties:
Foz do Douro and Nevogilde
This is where the average price per square meter is the highest in the Porto area. The landscape, the size of the projects and the setting (next to the sea and the mouth of the Douro River) are aspects that contribute to this.
Pasta
This area of the city is located next to the business center and close to Avenida da Boavista, and is highly sought after by those who work in the area. As it is a well-located region with good accessibility, it is also popular for investing.
4 Tips for making a good real estate investment
Before investing, careful preparation must be carried out in order to achieve a reliable and safe investment. Check out 4 basic tips that you should keep in mind before investing in luxury properties:
1. Know the market
Study the area where you intend to invest and find out more about it from experts in luxury real estate . List the essential points you would like to achieve and do complete research on each of the regions where you are considering investing.
2. Look for areas with growth potential
The ideal would be to find an area undergoing investment development, for example, in terms of commercial expansion. Look for an attractive area, with many services and good access, but also with green spaces.
3. Invest in cutting-edge technology and luxury finishes
In premium real estate , impact factors that dazzle investors are increasingly valued. Top finishes, home gadgets and automation are elements that increase the value of properties. Sustainability and connectivity are also essential points.
4. Check access to green spaces and leisure areas
Whether we are talking about apartments or houses, the proximity to parks, gardens and leisure areas is always a factor to be valued. Pay attention to the facilities available in the building or nearby the property before proceeding with the purchase.
When investing in luxury properties in Portugal , security and quality of life are two important bonuses that the country offers.
If you are considering moving towards this type of investment, trust DS PRIVATE . We have extensive experience in the luxury real estate market and are able to present you with the best business opportunities . Come and discover our offer in this segment and invest safely.
