Foreign buyers acquire 1,500 properties in Lisbon
Last year, foreign buyers acquired 1,592 residential properties in Lisbon, which represented 13% of total transactions. In other words, foreigners invested 675 million euros in Lisbon’s real estate market.
1,592 properties, 675 million euros, 13% of the market
Foreign buyers in Lisbon
Foreigners spend more than local buyers
The average price of a property acquired by a foreign buyer was € 424,500 (+ 8% compared to 2017). Consequently, foreign buyers spend 38% more than domestic buyers (€ 306.700).
Therefore, while international buyers represented 13% of the number of transactions, they represented 28% of the market, thanks to this higher purchasing power!
Nationalities of foreign buyers in Lisbon
What countries do foreign buyers come from? In terms of nationalities, buyers come from 80 different countries (54 in 2107). Five countries continue to concentrate more than half of the international investment in housing in Lisbon (55%):
- France (18%)
- China (14%)
- Brazil (8%)
- United Kingdom (7%)
- USA (7%)
Do you speak French?
As France is the number one nationality of foreign buyers in Portugal, it’s important for Portuguese agencies to have a partnership with French speakers. We offer to help you with the French buyers, by:
- Calling your French buyers, in French language
- Give them to you qualified, ready to organize visits and buy!
If you’re interested to know more, reach out!