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The regions of Portugal that are most in demand by foreign investors have been named

11.10.2024
Homesoverseas.ru editorial office
230
Cascais, Tavira, Braga and Guimaraes are the four most popular tourist destinations in Portugal among foreign investors, according to a study conducted by the German real estate agency Engel &Völkers (E&V) in partnership with the Institute of Marketing Research.

The Cascais region stands out in the Lisbon area. The municipality of Cascais offers a wide range of housing options for different lifestyles and budgets, with good transport accessibility... In addition, it is a very sought-after area due to its proximity to the beach.Cascais is characterized by a calm, safe and well-maintained environment with developed infrastructure," comments Daniela Rebuta, Sales Director of E&V Lisbon and Oeiras.

In the Algarve, Tavira is the most sought-after area among foreign investors, accounting for 92% of transactions concluded in the region in 2023.

In Tavira, investors are attracted by the combination of picturesque landscapes, luxury real estate and cultural identity. This makes it a popular place to buy a second home," says Margarita Oltra, regional manager of E&V.

As for Northern Portugal, the main attention of foreign investors is focused on Braga and Guimaraes. 86% of transactions last year were made in these cities of the region. 

Both cities are valued for their privileged location, providing easy access to all modern amenities...Real estate in Braga and Guimaraes is in demand due to its natural beauty, lack of mass development and high quality of life," adds E&V.

In fact, Northern Portugal is the third most popular region among investors, the agency concludes.

Source: Idealista

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