Investment in real estate grew 8% in Portugal

Written By Manuel Poças

During the first quarter of 2024, investment in real estate grew by 8% in Portugal, when compared to the previous year.

According to the data revealed by CBRE Consultancy Firm, investment in real estate increased by 8% in Portugal to 273 million euros. According to the firm’s CEO, this suggests that the market is recovering relative to last year.

The data shows that 80% of the total investment in 2024 comes and will come from foreign investors. Moreover, 36% of the total value of the investment comes from the office space sector. The retail sector followed close behind, accounting for 32% of the total value.

Hotels, student accommodations, and malls are still the top preferences for those looking to invest in Portugal.

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