Portugal Luxury Homes and villas
Portugal Luxury Property Search
Portugal’s culture and architecture is heavily influenced by its location – bordering Spain and the Atlantic Ocean.
A former maritime empire dominating merchant shipping routes to Africa and South America, Portugal’s tastes are influenced by the food, music and style of its former colonies in particular Brazil, Angola and Mozambique.
The legacy of Portugal’s former wealth and power remains today – the capital, Lisbon, is famed for its grand Manueline monuments and medieval alleyway and the most desirable areas of the city, for anyone looking for a villa or apartment, are Chiado and Lapa.
For those who want a sea view, the exclusive Algarve with its luscious, natural backdrop and beautiful sandy beaches is a popular location; along with Cascais another coastal town, situated just 30km from Lisbon.
The city of Sintra, with its castles, cobbled streets and mountainous location is another place to consider for those wishing to be within commutable distance of the capital, and finally, Porto, famous for its fortified wine – Port - is an appealing city with a modern centre and a range of stunning properties.
The average price of properties for sale in Portugal fell just 0.8% between April and May.
Portugal’s plan to exclude Lisbon and Porto from golden visa scheme draws flak from property industry.
House price inflation has continued to ease in Portugal with the latest sales market activity report showing that enquiries and transactions were unchanged in February 2019.
Property price growth in Portugal is continuing to accelerate due to a lack of supply and rents in the residential market are also rising strongly.
Lisbon has seen a surge in residential investment and development activity in the last two years, according to new research.
The Portuguese government has reduced the minimum required amount for its golden visa for those investing real estate from €500,000 to €350,000 for certain locations.