Savills Residential Outlook 2024 |Trends 2025

Savills presents the Residential Outlook 2024 – Trends 2025 report, offering valuable insights into market dynamics and future opportunities in the cities of Lisbon and Porto.

Market Highlights in 2024:

· Portugal’s residential market remained resilient, with 147,240 homes sold in 2024 (+12% YoY).

· In Lisbon, 9,792 homes were sold (+14% YoY), with 61% of properties under construction already purchased.

· Meanwhile, in Porto, 6,807 homes were acquired (+19% YoY), and 62% of pipeline projects were pre-sold.

Trends for 2025:

·  Steady but cautious growth in home sales across Lisbon and Porto.

· Luxury and high-end segments will continue to thrive, fueled by investor demand.