Comporta in the top 5 global destinations preferred by real estate investors

Comporta is making an impression in the luxury real estate market, alongside Miami, Menorca, the Canary Islands and Trentino-Alto Adige.

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This luxury home for sale in Comporta is valued at 1.35 million euros
17 August 2021, Redaction

Portugal's up and coming Comporta village is making an impression in the world of luxury real estate investment. Comporta, located in the district of Setúbal, is part of a very select list of destinations preferred by premium real estate investors, along with Miami (USA), Menorca (Spain), Canary Islands (Spain) and Trentino-Alto Adige (Italy), reveals a statement from Engel & Völkers, placing the Portuguese town in the top 5 global destinations preferred by real estate investors. Let's find out more about luxury real estate investment in Portugal and Comporta. 

According to the luxury real estate broker, the pandemic does not seem to have affected real estate investors betting on the premium sector of the market, a "type of investor who, seeking options that ensure greater privacy, security and a balance between personal and professional life, have redirected their preferences to new destinations". And these new luxury destinations to invest in real estate now include Comporta.  

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Engel & Völkers

"In May this year alone, Engel & Völkers closed 96% more international deals in the premium real estate sector for homes worth between 2 and 5 million euros compared to the same period last year," reads a press release from Engel & Völkers. 

When it comes to luxury properties for sale in Comporta, Portugal, the real estate agency refers to the area's deserted beaches, picturesque villages, the acceptable cost of living and the advantages associated with the granting of golden visas. All this makes Comporta one of the most sought-after destinations in Portugal, where 80% of buyers are foreigners. "In Comporta, the average sale price of premium properties is around 2 million euros," add the experts at Engel & Völkers. 

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Engel & Völkers

The average price of luxury property for sale in Comporta is also lower than the value registered in the other 4 destinations that make up the top 5 global destinations preferred by real estate investors: 

  • In the Canary Islands, the average sale price of premium properties is around 4 million euros;
  • In Miami, the average sale price of a detached property is between 15 and 25 million euros, and luxury apartments can reach up to 16.5 million euros;
  • In the Trentino-Alto Adige region, the average sale price of luxury properties reaches 6 million euros;
  • In Menorca, in the Balearic Islands, the average prices of the most expensive houses are around 2.5 million euros.
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Engel & Völkers
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Engel & Völkers
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