Healthy economy in face of global macroeconomic uncertainty

Global macroeconomic uncertainty, especially around interest rates, continues to affect the market. However, Portugal has shown recent resilience to economic shocks, while access to bank credit for mortgages has eased.

Trophy assets

Portugal offers a variety of prime properties, from beachfront living to high street city life; all markets are well served and attract a diverse demand base.

Global appeal of Portugal on the rise

Portugal continues to offer value by global standards, in spite of strong price growth in recent years. Prime market prospects are largely unhindered by the end of the golden visa programme.

Price prospects

Slower but continued price growth is expected in 2024, supported by the supply and demand imbalance in the market.

_{Read the articles within Savills Spotlight on Portugal report below}