At the upper end of real estate brands sits Sotheby’s, an estate agency business that negotiated the sale of 51 luxury properties to foreign customers last year, especially in Lisbon and the Algarve, for an average value of €755,000.
Gustavo Soares, the Director-General of Sotheby’s in Portugal said that Portugal continues to attract foreign capital, benefiting Portuguese sellers and the country with inflowing capital and increasing domestic consumption."