Lisbon is the eighth most attractive European city to invest in property in 2023, in a ranking led by London in the United Kingdom. The Portuguese capital has also improved its position compared to last year (11th place). In second and third place on the list are Paris (France) and Madrid (Spain), respectively. The ranking is included in the annual "Emerging Real Estate Trends in Europe" report by PwC and the Urban Land Institute (ULI).
"With so much uncertainty at stake, property investors are naturally more careful than ever about how and where they invest their capital in Europe. For many, this means concentrating on cities that offer liquidity in times of greater risk," concludes the report.
According to the report, London and Paris accounted for around 15% of the total volume of property transactions in Europe in the first nine months of 2023. However, the liquidity premium combined with economic performance is also evident in other cities on the rise, such as Madrid, Milan (Italy) and Lisbon, which occupy 3rd, 6th and 8th place in the ranking respectively.
Also noteworthy is the fact that the German cities of Berlin (4th place), Munich (7th), Frankfurt (9th) and Hamburg (11th), despite still maintaining a relatively high position, have fallen down the rankings in terms of investment and development prospects. The globally gloomy economic outlook for Germany in 2024 is influencing sentiment towards cities that not so long ago were considered safe havens for capital.
Where to buy property for less than 150,000 euros in Portugal
People have been buying homes in Portugal at increasingly higher prices, with the average cost reaching 221,272 euros in the summer of 2024. However, the regions show significant differences in the prices of homes sold, reveals the National Statistics Institute (INE): while in Greater Lisbon and the Algarve, purchasing property is 50% more expensive than the national average, in Alentejo and the Central Region, the average cost of buying a home is under 150,000 euros, making them the cheapest re
Real Estate in Lisbon: 3 Market Trends for 2025
As Lisbon increasingly positions itself as one of Europe’s preferred destinations for real estate investment, the market outlook is highly promising. According to Engel & Völkers, the Lisbon property market is gearing up for significant transformations in 2025, driven by changes in buyer preferences, growing demand for sustainable properties, and the “impact of new economic dynamics.”
Brand new homes for sale on the Portuguese islands from €200,000
Famous for their breathtaking landscapes, the Portuguese islands, Madeira and the Azores, are undoubtedly an excellent choice for anyone seeking a high quality of life in new homes. The climate, the cost of living, the cuisine, the stunning natural beauty... there are countless reasons to explore these archipelagos.
Mountain-view homes for sale in Portugal
Living in Portugal’s mountain ranges, such as the Serra da Estrela, Serra do Gerês, and Monchique, offer breathtaking landscapes and an idyllic lifestyle all year round. From lush green summers to cosy, peaceful winters, these regions provide a perfect balance of natural beauty and tranquillity.
Lisbon is the municipality with the most expensive homes for sale in Portugal
Lisbon is the municipality with the most expensive homes for sale in Portugal. However, a closer look at its various areas reveals significant differences in property prices.
Portugal will be a "safe harbour" for investment
Portugal's Minister of the Economy, Pedro Reis, argued that, during this time of geopolitical tensions and changes, Portugal will take on the role of a "safe harbour" for investment.
20 properties with negotiable prices in Portugal
With the cost of living remaining high and 2024 coming to an end, purchasing a home in Portugal may seem out of reach. However, there are still strategies to make owning your dream property more affordable. Many sellers are eager to secure a quick sale and are willing to negotiate on price.