Português
English
Français
The Algarve's enduring appeal
The Algarve continues to be the most desired location for foreign buyers, accounting for almost 30% of all international purchases in 2023. The combination of golden beaches, world-class golf courses, and excellent infrastructure continues to attract a wide range of buyers. The British, Germans, French, Dutch and Swedes are particularly active in this region, with a growing interest from American buyers.
Areas such as Portimão, Vilamoura and Quarteira have seen particularly high demand, with foreign buyers accounting for between 75% and 90% of transactions in some locations. Property prices in the Algarve have increased by an average of 35%, reflecting strong international demand.
Urban market dynamics
The Lisbon Metropolitan Area accounts for around 25% of properties purchased by foreigners, making it the second most popular region for international buyers. Districts such as Alcântara, Parque das Nações, Penha de França, and São Vicente are particularly sought after, attracting a diverse mix of European and non-European buyers, including French, Brazilians, and Chinese.
Porto and the north of Portugal account for approximately 15% of foreign real estate investments. Areas such as Foz do Douro and the historic center of Porto are gaining popularity, especially among the French, Brazilians and British. The region offers an attractive combination of historic charm, renowned wine regions and a lower cost of living compared to Lisbon.
Main regions of interest for foreign buyers:
Recent data highlights the most popular locations in Portugal for international buyers:
1. Algarve
2. Lisbon Metropolitan Area
3. Porto and North of Portugal
4. Silver Coast (West)
5. Alentejo
6. Wood
7. Setúbal Peninsula
8. Coimbra Region
9. Azores
10. Braga and Guimarães
by : Alfredo Bloy-Dawson kyero