Premium Real Estate Market Analysis
Portugal's High-End Real Estate Market: A Regional Analysis
Portugal's luxury real estate market shows significant regional differences, with certain areas dominating the high-end home listings. As of July 1st, 2025, the regions with the highest proportion of luxury home listings priced above one million euros are Lisbon, Faro (Algarve region), and Porto, accounting for 77% of all high-end home listings in the country.
Lisbon leads the pack with 40.2% of the luxury listings, followed by Faro with 25.1% and Porto with 12%. Other notable areas with a substantial number of luxury properties include Setúbal (7.2%), Madeira Island (6.4%), and Braga (1.8%).
The study, which analyzed 142,398 residential listings, also revealed that less than 1% of luxury listings are found in districts such as Aveiro, Santarém, Évora, Viana do Castelo, Beja, São Miguel Island, Coimbra, and a few others.
Within these high-proportion regions, prime luxury locations include the Portuguese Riviera, notably Cascais and Estoril near Lisbon, known for luxury real estate with an average asking price of €7,260 per square meter. The Algarve’s Golden Triangle area (Quinta do Lago, Vale do Lobo, Vilamoura) is another hotspot for luxury villas with exclusive amenities. Comporta, south of Lisbon, is also gaining status as a high-demand luxury area, sometimes called the "Hamptons of Portugal."
João Miguel Louro, Country Leader at eXp Portugal, commented on the findings, emphasizing the importance of understanding regional differences for buyers and investors. The Algarve region, for instance, has the highest percentage of luxury listings, with nearly one in five (19.xx%) listings falling into this category. The Alentejo district of Beja also shows a high concentration of luxury properties, with 12.2%.
The demand for premium homes in lifestyle-driven locations, such as the Algarve and Madeira, remains sustained. These islands, along with the Algarve, continue to have a high concentration of luxury listings, with Madeira making up 16.0% of listings.
It's worth noting that luxury real estate represents a modest share of the overall market, with 11,471 properties identified as luxury homes. The northern region of Porto has 3.9% of listings classified as luxury properties, while the Alentejo district of Évora has 11.3%. Other districts, such as Portalegre, also show a notable presence of luxury homes, with 7.1% of listings classified as such.
In conclusion, the highest concentration of luxury homes in July 2025 is centered on Lisbon, Faro (Algarve), and Porto districts, with significant luxury villa markets in Cascais, Estoril, Comporta, and the Algarve's Golden Triangle area. Understanding these regional differences is crucial for buyers and investors seeking to navigate Portugal's luxury real estate market.
- The Algarve region, specifically its Golden Triangle area (Quinta do Lago, Vale do Lobo, Vilamoura), is a significant hotspot for luxury villa investments, attracting buyers and investors seeking unique amenities.
- Madeira Island also displays a high concentration of luxury listings, contributing to 16.0% of properties identified as luxury homes, making it a popular destination for those seeking a premium lifestyle.
- Lisbon, with its prime locations like the Portuguese Riviera (Cascais and Estoril), and the emerging luxury area of Comporta, south of Lisbon, leads Portugal's luxury real estate market, accounting for 40.2% of all high-end home listings.
