Exceptional quality of life, over 300 days of sunshine a year, stunning beaches, and a low cost of living—combined with a thriving property market—make Lisbon one of the best places to invest in Europe.
Portugal: a prime location for investment
Attracting global visitors at record-high rates (27 million in 2019), Portugal has long attracted the attention of foreign investors.
It is more than just a beautiful place to visit; it is also one of the most popular residential and investment areas in Europe and provides lucrative returns.
As a member of the European Union, Portugal offers a stable political and social environment. Rapid economic growth, quality infrastructure and a privileged geographical location make the country an appealing destination for businesses—from start-ups to global tech giants.
An excellent education system and unique quality of life also draw more and more families to settle in the country every year.
Consequently, Portugal is one of the world’s most dynamic real estate markets. Due to growing demand and a booming economy, house prices in Portugal have been rising steadily since 2014. However, despite significant growth, the cost of property is still currently lower than in most European countries. All these figures only confirm that the property market in Portugal is one of the most attractive in Europe.
Why should I buy in the capital?
Portugal continues to be one of the safest and most welcoming countries in the world, ranking 4th in the Global Peace Index 2021, and Lisbon is renowned as one of the most peaceful cities.
Lisbon’s all-around high quality of life attracts visitors from across the globe, making holiday lets in the city a tempting proposition. At the prestigious World Travel Awards 2022, Portugal won Best European Destination, and Lisbon bagged four awards of its own: Best City Break Destination, Best Metropolitan Destination by the Sea, Best Cruise Destination, and Best Cruise Port in Europe.
The capital is becoming increasingly popular amongst global tech start-ups and multinational companies, bringing in some of the world’s top talent. In fact, Lisbon is home to Europe’s leading start-up culture.
As of 2016, the capital hosts the most influential annual technology conference, Web Summit, expected to add €2bn to the city’s economy over the next ten years.
Now the worst of the pandemic has cleared, many professionals are migrating back to the capital. Subsequently, occupancy of office space is on the rise, and many high-calibre tenants are on the lookout for long-term rentals.
In addition to business and employment opportunities—an excellent education system and unique quality of life draw more and more families to the capital every year. This, combined with a thriving tourism industry, will continue to fuel demand for properties—making Lisbon real estate investment a very attractive venture.