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Portugal's appeal to French buyers stems from several factors, with retirement being the main reason. According to Kyero's 2024 buyer survey, 71% of French property seekers cite retirement as their main motivation. The combination of lower tax rates compared to France, combined with Portugal's security and relaxed lifestyle, It creates an irresistible proposition for French retirees, especially those in their 50s and 60s.
Quality of life factors significantly influence the decisions of French buyers, with 49.5% looking for an improved lifestyle and 47.9% attracted by Portugal's climate. The more affordable cost of living, cited by 27.5% of respondents, also plays a crucial role in their decision-making process.
Popular locations: Where do French buyers invest?
French buyers show distinct preferences for specific regions in Portugal. The Algarve leads as the most sought-after region, with 41.3% of buyers expressing interest in this area. The North comes in second place, with 31.7%, while the Center attracts 26.9% of potential French buyers.
Our data shows that the three provinces that most capture the attention of French shoppers are:
- Faro, encompassing the popular Algarve region
- Porto, offering a perfect combination of cultural heritage and modern amenities
- Lisbon, providing metropolitan lifestyle opportunities
Essential features of real estate include:
- Garden or outdoor space (62.1%)
- Proximity to the beach (54.6%)
- Swimming pool (48.3%)
- Convenient access to services and amenities (47.4%)