Savills Residential Market Overview | 2025

The market continues to show strong momentum, supported by a positive outlook and sustained demand across both rental and sales sectors. Activity is expected to remain robust throughout the year.

Lisbon:

·  A total of 2,794 homes were sold, reflecting a 32% increase compared to Q1 2024.

·  In Lisbon, house prices grew by an average of 12% annually.

·  53% of all residential units currently under construction have already been sold.

Porto:

·  1,846 homes were sold, marking a 26% year-on-year increase.

·  House prices increased by 21%, underlining sustained demand from buyers.

·  65% of residential projects under construction have already been sold.