Lisbon is the top destination for luxury homes worldwide.
Luxury property investments in Lisbon have become a global hotspot. With a staggering 4.2% increase in high-end home prices during the first half of 2024, the Portuguese capital outshines other prime markets worldwide.
This surge is driven by a perfect storm of factors: limited supply, increasing demand from affluent buyers, particularly Americans seeking a luxurious lifestyle, and a robust economy.
While the US market faces challenges due to rising interest rates, Europe, especially Lisbon, continues to thrive. With continued growth forecast for the region, Lisbon presents a compelling opportunity for investors seeking high returns in the luxury real estate sector.
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https://www.theportugalnews.com/news/2024-08-11/lisbon-leads-global-luxury-home-market/91080