Premium Real Estate Market: 2% increase in value in 2024 in the Lisbon area

In Lisbon's dynamic premium property market, expectations for 2024 are truly promising. Based on analyses and projections, everything indicates that the Portuguese capital will continue to be an icon of prestige and elegance, with an estimated 2% appreciation in the premium market.

Sustainable growth:

The exclusive property market in Lisbon has witnessed sustainable growth in recent years, driven by a number of factors. The city, known for its rich history, vibrant culture and exceptional quality of life, attracts investors and buyers from all over the world. This global allure has contributed to a growing demand for high-end property in the region.

In addition, Portugal's economic stability and incentive programmes for foreign investors have played a key role in consolidating Lisbon as a destination of choice for real estate investment in the luxury segment.

Market trends:

Analysing recent trends, it is clear that there is a growing preference for more exclusive properties that offer not only the expected comfort, but also unique features such as exclusive design, cutting-edge technology and environmental sustainability. Properties with panoramic views, privileged locations and high-end amenities are among the most sought-after by discerning buyers.

In addition, the pandemic has reinforced the importance of residential spaces that provide comfort, security and possibilities for remote working. This paradigm shift has impacted buyers' choices in this type of property, with a growing interest in properties that offer versatile spaces and modern infrastructure.

Prospects for 2024:

Based on optimistic projections, Lisbon's luxury market is expected to continue its upward trajectory in 2024, with an expected appreciation of 2 per cent. This growth is driven by a combination of factors, including the city's reputation as a luxury destination, Portugal's economic stability and the evolution of buyer preferences.

Attentive investors will find unique opportunities to explore, whether to acquire property as an investment or as an exclusive residence. Lisbon's architectural diversity, cultural richness and unrivalled quality of life remain the main attractions for those seeking an exclusive lifestyle in the heart of Europe.

Lisbon's premium market is positioned for a bright future in 2024, with a projected appreciation of 2%. This is the ideal time for investors and buyers looking not just for a property, but for a distinctive lifestyle. With a diverse offer of exclusive properties, the greater Lisbon area solidifies its status as one of the most coveted destinations on the property market in this segment.

If you would like to know more about opportunities in the greater Lisbon area, please don't hesitate to contact us. CUB Real Estate has a rich portfolio of properties in this and other areas of the country. Contact us here or discover our properties here.