In the luxury real estate segment in Portugal, several cities have managed to attract the attention of foreign investors. Lisbon and Porto have gained notoriety within the real estate market , although not exclusively, on the national scene.
The prominent position of both cities, however, is not just a recent trend. These are, therefore, solidly established on the radar of the premium niche .
Even its demand, despite the constraints imposed by the COVID-19 pandemic, has not slowed down. Understand some of the reasons that explain the power of attraction of these two Portuguese hubs.
Portugal: A destination that has long been marked on the map
Every year, InterNations carries out a study covering a community of more than 15,000 foreigners around the world. The initiative aims to assess the most attractive destinations for expatriates on a global scale. In Expat Insider 2021 , Portugal is the only European destination to appear in the top 10 of the general classification, occupying fifth position.
This is nothing new: Portugal is currently one of the most attractive destinations in the world for investments in luxury real estate . Demand has been on an upward trend in recent years from customers of different types.
It is possible to identify, relatively easily, some of the main arguments that contribute to attracting foreign investment :
- Strategic location;
- Mediterranean climate;
- Historical, cultural and architectural richness;
- Security;
- Excellent cuisine;
All of these, associated with a notable tourist influx, are strengths that provide investors with security in their decision-making processes. Additionally, our country has even more to offer:
- Tax benefits for European citizens;
- Programs to encourage foreign investment;
- Stable sociopolitical context;
- Competitive prices;
- Security;
- Quality of life.
In short, there are many particularities that positively affect investment in national territory.
Lisbon and Porto at the forefront of luxury real estate
Despite the undeniable differences in identity, the cities of Lisbon and Porto naturally benefit from the Portuguese framework described above.
When it comes to luxury real estate , Lisbon remains one of the European capitals with a lower reference value. In addition to the favorable weather conditions, which last almost throughout the year, its accessibility, vast cultural offer, leisure spaces and sustainable initiatives place this city at the top of investors’ preferences .
In turn, Porto has also welcomed a high level of foreign investment . The infrastructural conditions, lower construction prices compared to Lisbon, the constant creation of new jobs and the quality of life have influenced the choice of this destination for purchasing luxury real estate .
According to this year’s Europa Cities Guide study , the two Portuguese cities occupy a prominent position among the 11 cities in Europe with the highest demand for high-quality real estate .
A unique opportunity in luxury real estate!
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With an avant-garde stance, it covers the areas of real estate mediation , credit intermediation and property construction .
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