Since the confinement period, due to Covid-19, demand for luxury properties has been changing. Families and investors are now looking, above all, for houses and farms outside the city centre, especially on the Cascais, Sintra and Alentejo Lines. Within large cities, such as Lisbon, demand is now centred on penthouses and apartments with large terraces and close to green areas.
There is a variation in the demand for properties, compared to the recent past. The tendency, at this moment, is for the growing demand for luxury properties outside large urban centres, with prevalence in areas such as the Cascais line, Sintra, Herdade da Aroeira and also properties in the Alentejo.
Houses, farms and estates are in the sights, whether of investors or of families who seek to avoid large centres. Demand within large cities, such as Lisbon, focuses on penthouses and apartments with large terraces and close to green areas. The properties that were allocated to tourism, such as local accommodation, are being placed on the buy/sell and ‘long term rental’ market with great success.
If the Portuguese Government, contrary to what it intended to do, acts to defend not only the real estate market but also the country’s finances, the Golden Visa and tax benefits for non-habitual residents must be maintained, and if access is processed in a faster and more transparent way, we may be able to face the uncertainty that may come in the future.
Relieving the huge tax burden for companies by the Government would be a priority measure. It would benefit investment, create jobs and more distributed wealth, which would generate a stronger and more dynamic economy, capable of facing future crises such as the one we have been experiencing.
In a recent interview with Pontos de Vista Magazine, David Poston, Portugal Homes’ founder and CEO stated that:
Read more on these subjects:
Portugal Homes has very experienced and knowledgeable professionals working with some of the most established and reputable developers Portugal has to offer. Our vast experience allows us to guide you through the best investment choices.
Whether you want a holiday home or an investment property, we select the best units for your profile and take care of all the process from start to finish. Even after the sale! Our After Sales services assume the responsibility of furnishing your property at your taste, taking care of the property in your absence, managing the rentals if you wish to rent your property when you’re not in Portugal and so much more!
To learn more about the Portuguese Non-Habitual Resident Program and our After Sales services, please fill the form below.
Extremely helpful and professional. A pleasure to meet you!Li Sze Ki and Man Chi Ning from Hong Kong
Thank you very much for your help. I'm glad to have chosen Portugal Homes as my property management agent.Investor from Hong Kong
Ryan is fantastic. Very helpful, nice and professional. He provides swift responses to me whenever I raise him a question.Rubby Lee from Hong Kong
Thank you. Lovely experience with all of the staff. George was very helpful, knowledgeable and had a good grasp of the financials. Will recommend Portugal Homes to friends. Also excellent experience with the After Sales - very helpful.Nadia Webb
Very knowledgeable and professional, able to provide clear advice that meets my need such that I can make decision quickly. Efficient and energetic team.Tang Wing Yun from Hong Kong
Simon has been wonderful to work with. We did not feel pushed in any way.Andre & Lena Jourdan from USA