Algarve
"The sunny southern coast of Portugal remains a top destination for second homes and international expats looking for the coastal lifestyle"
Prime property
Tagged Articles
Outlook
"Portugal remains a premier lifestyle, culture, and weather destination within the sunshine belt of Southern Europe"
Prime residential rents – Q1 2024
"Prime rents picked up over the first quarter of 2024 in line with typical seasonal trends, but affordability pressures and increased stock means growth has settled at a lower level compared to the last few years"
Spotlight: Monaco – 2024
"While not immune from global events and trends outside its borders, Monaco continues to punch above its weight, maintaining its position as the world’s most expensive prime property market in 2023"
Savills Prime Residential Index: World Cities
Contains 6 articles"Savills Prime Residential Index: World Cities monitors the performance of prime residential property across 30 global cities; tracking capital, rental and yield values. Average growth in 2023 was 2.2% for capital values, while rents grew at 5.1% on average"
Turbulent times
"Inflationary pressures and difficult market conditions in the prime residential markets across the globe lead to a subdued set of growth performance figures in 2023"
Showing resilience
"In the face of economic uncertainty, prime residential pricing proved resilient in 2023, though at lower levels of price growth than seen in the immediate aftermath of the pandemic, with average increases of 2.2% across the index"
Rents set the pace
"Rents outpaced capital values in 2023, with 28 of the 30 cities tracked in the World Cities index experiencing positive rental growth. Rents increased by an average of 5.1% compared to the average capital value growth of 2.2% for 2023"
Buy. Hold. Sell.
"For international buyers, a property’s purchase price is only part of the cost equation"
Prime regional market update
"Movements in rents of prime houses outside of London appear to be shifting back in line with pre-Covid levels as seasonality returns to the rental market"
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