Coastal demand accelerates by over 140%, reshaping the real estate market

Tuesday, 7 April 2026RSS
Coastal demand accelerates by over 140%, reshaping the real estate market

Demand for coastal properties in Portugal has surged over the past year, according to Imovirtual data, significantly impacting the residential market. In March 2026, there were 139,308 searches for seaside properties compared to 57,165 in March 2025—a 143.7% increase—outpacing growth in non-coastal areas (+124.9%). This rise in interest has led to a 120% jump in 'economic interest volume'—a metric combining search volume and average budget—reaching 59 billion euros. Despite this, the average budget for coastal homes fell by 9.5% to 427,000 euros, suggesting a broader buyer profile. New hotspots like Lagos, Tavira, and Grândola are emerging, while major cities like Porto and Faro also see significant growth. This shift indicates that coastal living is moving beyond the premium or second-home market to become a more mainstream lifestyle choice.

View full article on dinheirovivo.dn.pt

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