Portugal continues to consolidate its position as one of the most attractive and resilient real estate markets in Southern Europe. Sustained growth in both the residential and commercial segments is being driven by strong demand fundamentals, favorable financing conditions, and increasing investor confidence. According to CBRE, the total volume of real estate transactions is projected to reach €2.5 billion in 2025, reflecting growing appetite from both domestic and international investors.
Lisbon and Porto remain the focal points of market activity, with continued double-digit annual growth in housing prices and exceptionally high demand for rental properties. This trend is supported by population growth, rising household formation, limited new supply, and ongoing urban regeneration programs. International buyers continue to show strong interest, drawn by Portugal’s political stability, visa-friendly policies, and the appeal of its lifestyle, infrastructure, and climate.
At the same time, the commercial real estate sector is gaining momentum. Retail, hospitality, and logistics assets are in high demand, supported by the recovery of tourism, expansion of e-commerce, and growing institutional allocation to income-generating real assets. New construction is accelerating, particularly in sustainable and energy-efficient formats, as ESG compliance becomes an increasingly important factor in portfolio strategy.
Portugal also benefits from a transparent regulatory framework, improving liquidity, and declining interest rates across the Eurozone, which are making real estate investments even more attractive. In this environment, access to the right opportunities — particularly off-market and early-stage development deals — becomes a key competitive advantage.
Real One Capital Partners actively operates in the Portuguese market through a strong network of local partners, including banks, development companies, legal advisors, and government agencies. Our team identifies and structures tailored investment strategies across residential, mixed-use, and commercial assets, focusing on projects with long-term value creation and risk-adjusted returns.
With its stable fundamentals, upward price trajectory, and evolving investment landscape, Portugal offers a unique entry point for investors seeking secure and profitable exposure within the European real estate market.
