Which Types of Properties Are Gaining the Most Value Today?

The Assets That Are Outperforming the Market

In a rising property market, not all assets perform equally. Some property types consistently achieve stronger appreciation due to changing buyer preferences, supply constraints, and market dynamics.

High-Quality New Developments in Undersupplied Areas

For the first time in nearly a decade, new construction represents the majority of Lisbon's residential development pipeline.

Well-located new developments with good transport connections, energy-efficient features, and modern amenities continue to attract strong demand.

These properties often benefit from a premium positioning that supports both liquidity and long-term appreciation.

Older Properties in Emerging Neighborhoods

Two- and three-bedroom apartments in transitional areas have generated some of the strongest relative gains in recent years.

Properties in good condition or those offering renovation potential in neighborhoods transforming can benefit from changing demand patterns and neighborhood improvements.

Success in this segment depends on acquiring the property at a realistic market price and managing renovation costs effectively.

Houses and Villas with Outdoor Space

Demand for properties with gardens, terraces, and private outdoor areas has remained strong since 2020.

Detached houses and villas located outside city centers continue to attract buyers seeking more space and lifestyle flexibility.

In many cases, these properties have outperformed apartments in terms of relative appreciation.

Which Properties Tend to Underperform?

Not every asset benefits equally from market growth.

Small city-center studios affected by short-term rental restrictions may face greater challenges.

Properties in condominiums with high operating costs or significant future works can also experience weaker performance.

Similarly, homes located in peripheral areas with limited transport connectivity may struggle to match the appreciation levels seen in more accessible locations.

Our Perspective

The strongest-performing properties are often those that combine quality, location, functionality, and long-term demand.

Rather than focusing exclusively on today's trends, buyers should consider which assets are likely to remain attractive to future purchasers and tenants over the coming years.