Welcome to the 2022 edition of Real Estate in Portugal Report! The present study paints a 360° picture of the country’s residential, office, industrial & logistics, retail, and hotel segments. It encapsulates the views of nearly 100 investors, developers, public authorities, consultants and other key service providers.
Portugal has one of the most dynamic and attractive real estate markets in the world. While it has suffered some challenges over the years, the market has rebounded dramatically since the financial crisis, particularly since 2015. It currently accounts for 15% of the country’s GDP, and surpassed the EUR 3 billion mark in 2019. In 2021, 80% of investments into the property market are from foreign sources. We invite you to explore what has been drawing investors to this Mediterranean country, other than its famed sun, food and delightful ambiance.
Andre Almada, Senior Director A&T Offices, CBRE Portugal; Caetano de Braganca, Head of Workplace Strategy and Sustainability, JLL Portugal; Carlos Recio, Senior Director A&T Retail, CBRE Portugal; Cristina Arouca, Research Director, CBRE Portugal; Duarte Morais Santos, Hotels Director, CBRE Portugal; Goncalo Ponces, Head of Development, JLL Portugal; Joana Cid Barreto, Head of Architecture, Worx Real Estate Consultants; Joao Fitas, Principal Associate, Morais Leitao; Maria Vasconcelos, Senior Project Manager and BIM Coordinator, Castro Group; Michael Costa Gabriel, Consultant A&T Industrial & Logistics, CBRE Portugal.