Portugal’s property market to benefit from new construction investment


Over the next five years Portugal’s property market is on course to rise by 6%, according to data produced by the Royal Institute of Chartered Surveyors (RICS) and Confidencial Imobiliário magazine and released in the Portuguese Housing Market Survey.

Portugal has been making a steady economic comeback, with record decade-high growth registered in the country last year, and this revival is having a positive impact in the construction industry. New residential projects are now planned, which should bring stability to the property market where currently demand is exceeding supply.

New residential schemes will alleviate pressure on prices

Simon Rubinsohn, senior economist of RICS, said: “We are seeing Lisbon, Porto and Algarve benefit from prices continuing to rise; in fact Porto has seen an ‘acceleration’ in its growth rate. Licences for residential projects increased by 66% in Lisbon and 82% in Porto compared to last year. The impact of new residential schemes will help to reduce the pressure on prices.”

Greater Lisbon set to be the new property hotspot

A prime example of this new wave of investment into construction is the new phase at Belas Country Club (main image) named Lisbon Green Valley, which has already won awards for its ecological credentials and modern architecture with state of the art features. The ‘global village’ concept is the brainchild of Andre Jordan Group, the renowned developers of Quinta do Lago and Vilamoura XXI in the Algarve. Lisbon Green Valley offers a combination of well-appointed residences priced from €500,000 to €1m, located within a rural landscape that includes five-star leisure and sporting facilities, yet within 20 minutes easy access of Lisbon.

Sales director Bruno Martins of Andre Jordan Group said: “After many decades as the main buyers in the Algarve region, the sophisticated British expatriate has discovered that the Greater Lisbon area enjoys a similar climate to the south of Portugal, but with the attractions and accessibility of an historic but vibrant European capital, combined with a great lifestyle.

“Very few major cities benefit from urban, beach and hillside living opportunities within less than half an hour of excellent communications. On the financial front there are the valuable attractions of the non-habitual resident status and the tax exemption for retirement pay.”

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800


Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator


Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.


Not a member? Sign up for free

Portugal’s property market to benefit from new construction investment

Portugal’s property market to benefit from new construction investment


By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.