The Portuguese capital was the city that registered the greatest demand from foreigners to buy a house. Leading the polls are the North Americans, followed by Brazilians, English, Germans and French.
Loulé for the Brits
Loulé was the second municipality that attracted the most interest from foreigners to buy a house, with the English being the ones who were making the most searches, followed by the French, Germans, North Americans and the Dutch.
By house price range, 56% of French and Dutch people were looking for properties for less than €300,000, followed by Germans (47%), British (43%) and North Americans (14%). Regarding houses in the price range of 300,000 and 600,000 euros, the North Americans (47%) are most interested, followed by the French (27%), English (26%), Germans (20%) and Dutch (10%).
The North Americans (21%) were the ones who most searched for properties between 600,000 and 1 million euros, followed by the Dutch (20%), Germans (16%), British (14%) and French (10%). In the luxury home market, valued at over 1 million euros, the most interested in purchasing a home in Loulé were the North Americans and the Germans (18% for both nationalities), followed by the English (17%), Dutch (15%) and French (7%).
French lead Albufeira demand
The Algarve is once again represented in this ranking, with Albufeira in the third position of the municipalities with the most foreign interest in homes for sale.
The Dutch (76%) mainly looked for homes that cost less than €300,000, followed by the French (69%), Swiss (64%), English (61%) and Germans (58%). Regarding houses that cost between 300,000 and 600,000 euros, the Swiss (24%) are most interested, followed by the Germans (23%), the English (21%) and the French (20%).
The Dutch (16%) are the ones who are most looking for houses with prices ranging between 600,000 and 1 million euros, followed by the English (11%), Germans (10%), French (7%) and Swiss (7%). In the luxury residential market, which has homes for sale valued at more than 1 million euros, the Dutch are the most interested (9%), followed by the Germans (8%), the English (7%), the Swiss and the French (5% for both nationalities).