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Porto Market Update

Andreia Almeida • 24/06/2024

Cushman & Wakefield has launched the new edition of the Market Update Porto, a publication summarizing the real estate market activity in the region during 2023 and the beginning of 2024.

Throughout 2023, the Porto real estate market demonstrated resilience despite the more adverse economic environment and constraints due to a scarcity of quality supply. On the other hand, the values recorded at the beginning of 2024 indicate a widespread recovery across its various sectors, with some record-breaking figures. Notably, rents in downtown Porto and shopping centres in retail, as well as transaction values in the Foz area for residential properties (sales/rentals of apartments).

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