This latest Property Market-Index report rates various Portugal locations based on luxury property purchasing trends, examining essential metrics associated with an affluent expat relocating to and/or investing in Portugal. The recent report was released during a webinar from Portugal Pathways.
Access Property Market-Index’s Portugal Property Hotspots Report 2023 – 2025 in full here.
Our latest report forecasts property prices in Portugal to continue to soar as it continues to benefit from the triple-whammy of international investment, regeneration, and tax incentives for affluent expats, while concluding all the signs are the country will continue to exceed expectations.
Our latest report also reveals property prices in Portugal have jumped 6.5% on average in the last 12 months, while real estate values in prime locations such as the Algarve have rocketed by up to 15%.
Lisbon and nearby Cascais, Comporta, Estoril, Sintra, along with the Silver Coast and selected northern parts of Portugal, such as districts in and around Porto and Braga, have also surged in value.
And with high demand and limited new developments, real estate prices in many of these areas are predicted to climb around 8.7% in 2024.
It comes after recent data from the National Statistics Institute revealed housing stock was shrinking in Portugal with 10 houses sold for every new one built between 2018 and 2022.
Many regions and locations across the country were assessed for the latest Property Market-Index report, and have identified 13 Portugal property hotspot locations.
To access this full report, click the link here.