Portugal – Prime residential 2024

Welcome to the Spotlight on Portugal for 2024, where we examine the key trends across Portuguese prime residential property.

Much has been written about Portugal – Lisbon and Porto alone can serve as case studies of how cities can reinvent themselves by transforming and modernising neighbourhoods. All while maintaining their historic character, and the Algarve long remains a top choice for second homes among international buyers.

Emerging from the pandemic, international interest in Portugal’s residential markets has been healthy, supported by solid market fundamentals. More recently, the Portuguese residential market has been put to the test due to a challenging global macroeconomic environment, higher interest rates and tighter credit markets. Prospects are positive, however, as diverse submarkets, a broad demand base and a continued shortage of prime supply will sustain the markets in the year ahead.


Read the articles within Savills Spotlight on Portugal report below

Popular Portugal

Global interest in the prime property markets is boosting Portugal’s prime residential markets

Find out more


A rebound in tourists and a revitalisation of the residential areas across the city has made Lisbon a top destination for domestic and international buyers

Find out more

Cascais & Comporta

Aside from internationally known areas such as Lisbon and the Algarve, there are other enclaves in Portugal that have seen increased global appeal in recent years

Find out more


Growing attractiveness for international buyers places Porto front of mind

Find out more


The sunny southern coast of Portugal remains a top destination for second homes and international expats looking for the coastal lifestyle

Find out more


Portugal remains a premier lifestyle, culture, and weather destination within the sunshine belt of Southern Europe

Find out more

Articles within this publication

6 article(s) in this publication