Savills Portugal has just launched its new Rural Department, created to meet the growing need in providing professional advice and support for both national and international investors with an interest in agricultural and forestry land in Portugal.
Led by Bruno Amaro, who brings over 15 years of international experience in agricultural asset management and transactions, this new business area integrates with the Savills Investment Department, offering tailor-made investment solutions. The team comprises highly skilled professionals with extensive knowledge of this niche market segment.
With its Mediterranean climate and exceptional conditions for agriculture, Portugal stands out as a prime destination for agricultural land investment. The country is globally renowned for producing almonds, olive oil, tomatoes, and blueberries, consistently ranking high in global export rankings. Portugal is currently the third-largest exporter of olive oil, sixth in processed tomatoes, and seventh in blueberries. The country is also recognised for adopting advanced agricultural techniques, including efficient water use, further cementing its position as a leader in high-quality agricultural production.
On an international level, Savills has a strong track record in the management and sale of agricultural and forestry land across multiple regions. Annually, the company values over 1.4 million hectares and has facilitated the sale of more than €3.5 billion worth of land in nine countries over the past five years. This international expertise is now being applied to the Portuguese market, offering investors unique opportunities for growth.
Paulo Silva, Head of Country at Savills Portugal, comments: “Portugal has extraordinary potential for the development of the rural sector. In recent years, agricultural land has become a highly attractive investment, offering solid returns and consistent appreciation, outpacing inflation. This type of investment is an excellent portfolio diversification strategy, benefiting from the growing global demand for food—a trend that is likely to continue in the long term. As the significance of the agricultural and forestry sectors increases in the global economic landscape, the launch of the Rural Department in Portugal, which originated at Savills in the UK, is a natural and essential step in continuing our growth.”
Bruno Amaro, Rural Business Developer at Savills Portugal, adds: “We are excited about the launch of the Rural Department. Portugal offers unique conditions for both national and international investors looking to explore the agricultural sector, whether operationally or from an investment perspective. With a climate conducive to farming and a strategic location, our country presents strong market fundamentals that provide excellent foundations for the development of this market segment. Our commitment is to ensure the success of our clients by offering innovative and tailored solutions.”