In the Lisbon area, the Cascais region stands out, which according to data released by Engel & Völkers in its Market Report, was where foreign investment represented 100% of the investment made in the region in 2023.

“The municipality of Cascais offers a range of housing options for different lifestyles and budgets, with easy access and available means of transport, ensuring a good quality of life. In addition, it is a highly sought-after area due to its proximity to the beach, a calm, safe, and well-maintained area, with good infrastructure”, said Daniela Rebouta, Sales Director of Engel & Völkers Lisbon and Oeiras.

According to Market Report data, in the Algarve region, Tavira stands out as the most sought-after region by foreign investors, with a percentage of around 92% of transactions carried out in 2023.

“In Tavira, investors are attracted by the combination of picturesque landscapes, luxury property offerings, and cultural authenticity, making Tavira a destination of choice for second homes,” says Margarita Oltra, Regional Manager at Engel & Völkers

In the North region, the region of Braga and Guimarães stands out, where 86% of transactions were carried out with foreign investors, making it the third most sought-after region by investors.