Luis Horta e Costa – Home-Buying Trends of Portugal

Portugal’s allure has never been higher, with the country’s picturesque hilltop villages, orange-tiled rooftops, cobblestone streets, and the glistening Atlantic Ocean.

Constant warm weather, delicious food, seaside cities, surfing, and hiking are just a few reasons to visit this beautiful country. Many visitors to this coastal paradise decide to stay.

“Portugal is tempting because of the people, cost of living, safety, and weather,” says Portuguese real estate expert Luis Horta e Costa. I also think the quality of the provided services is improving greatly.

Horta and Costa are partners in the real estate firm Square View, which builds and remodels residences in Portugal’s major cities and along the coast. The well-known French shoe designer Christian Louboutin vacationed with his family in Portugal during the height of the country’s Coronavirus outbreak.

He responded by erecting a five-star hotel and purchasing a second home in Melides, Portugal. As Louboutin said to Italian writer Alain Elkann in a podcast: “It was my first spring in one area, experiencing nature.” Amazingly cool!

A second home for French designer Philippe Starck may be found in Portugal’s Sintra Mountains, which plunge precipitously for 10 miles into the Atlantic. Celebrities and royalty have always been drawn to the peace of the Sintra Mountains. Celebrities have been flocking to the Tivoli Palácio de Seteais, an ancient palace turned five-star hotel, for decades.

Before it was ever accessible to the public, the princes and princesses of Portugal’s royal family spent their summers in this Baroque home in the 18th century.

By climbing the carriage drive in the same manner as the royals, guests are transported to a magical realm decked with rare items such as tapestries, antique furniture, and crystal chandeliers. Several others, notably Luis Horta e Costa, have singled out a few visually arresting spots. According to homebuyers, Lisbon is the best place to put money, followed by Loulé, Albufeira, Cascais, and Porto.

In addition, “there are a lot of fantastic sites to see in Lisbon,” says Luis Horta e Costa. The beach town of Cascais is less expensive than Lisbon, yet it’s only an hour away by rail. With Lisbon so nearby, Cascais offers big-city conveniences without sacrificing the charm of a tiny town.