Portugal's property market accelerates for second consecutive year


LISBON, July 6 (Xinhua) -- The number of residential property transactions in Portugal grew 10.5 percent in 2025, the second consecutive year of accelerating sales following a 15.2 percent increase in 2024, according to data published Monday by Eurostat.

The figures placed Portugal 10th among the 18 European Union (EU) member states with available data, in a year when the European property market continued to recover from the slowdown triggered by rising interest rates and tighter mortgage conditions.

Experts consulted by Xinhua attributed the sustained dynamism of the Portuguese market to growing confidence in real estate, strong foreign demand driven in part by continued migration flows, and a vibrant secondary market in existing properties.

The data confirmed that Portugal has maintained above-average momentum within the EU for two consecutive years, consolidating a recovery that has kept it among the more active housing markets on the continent.

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