According to Eurostat, Portugal ranks last in new construction per 1,000 inhabitants across the EU.
At the same time, housing prices have increased by 143% since 2015, more than three times the European average.
That imbalance between limited supply and growing demand continues to drive price resilience and investor interest.
💡 For investors, this creates opportunity on two fronts:
🏗️ New Construction - In highly urbanized areas like Lisbon and Porto, where available land is limited and demand remains strong, new developments are essential to increase supply and capture long-term appreciation.
🏚️ Rehabilitation & Redevelopment - Along the Silver Coast and emerging regions, restoring existing assets remains one of the most effective ways to unlock value quickly and sustainably.
Both paths are now supported by new government measures aimed at boosting housing supply and attracting international developers.
💬 What This Means for Investors
When you look past the headlines, Portugal’s fundamentals remain strong:
✅ Limited overall supply
✅ Consistent domestic and international demand
✅ Institutional and foreign capital is entering despite tax adjustments
Regulation changes may slow speculative buying, but they reward structured and transparent investment models with secured exits and fixed returns, such as our CAEP developments