Savills presents the Investment Outlook 2024 – Trends 2025 report, offering key insights into Portugal’s market performance and future trends.

According to the latest analysis by Savills, the volume of real estate investment in Portugal reached approximately 2,387 million euros in 2024, representing a 51% increase compared to the previous year

• This value represents a 51% growth compared to the previous year

• Shopping centres, supermarkets, and hotels were the top preferences of investors in 2024

This performance reflects the anticipated recovery of the sector following a more challenging 2023, as well as the strengthening of investor confidence in the competitiveness of the Portuguese market.

Foreign investment accounted for 81% of the total investment, with France, Spain, and South Africa being the countries with the highest volumes. On the other hand, Real Estate Investment and Asset Management Funds were responsible for 62% of the total investment volume, covering all real estate segments. Prime yields remained stable throughout 2024, with the office segment showing a yield of 4.75%, and shopping centres recording 6.25%. Retail parks maintained this indicator at 7.00%, while supermarkets and the logistics segment remained stable at 5.50%.