The Economics of High-End Property

Luxury real estate market debate

paragraph 1: The guest speaker will be Ricardo Costa, Partner and CEO of LUXIMOS Christie’s International Real Estate, who will discuss trends shaping the real estate sector in Portugal, the profile of international buyers, and current challenges in the market.

paragraph 2: Ricardo Costa will address the growth of the luxury market in Portugal, which is largely driven by international demand. Over 60% of high-end real estate transactions currently involve foreign buyers, notably from North America, the UK, France, and Brazil. Factors like climate, security, and tax incentives continue to draw investors to areas such as Lisbon, Porto, and the Algarve.

paragraph 3: Sustainability and innovation are also important themes. Luxury buyers are increasingly seeking properties with technology integration, energy efficiency, and eco-friendly features, and they value personalized spaces and custom-built properties.

paragraph 4: Following the presentation, there will be a question and answer session where attendees can interact with Ricardo Costa and discuss the future of the sector. He will pose the question, “Is luxury a trend or a necessity?”, to encourage discussion about the evolving concept of exclusivity in real estate.

paragraph 5: The seminar is open to students, professionals, and anyone interested and will be held in English. It aims to provide valuable insights into changes within the competitive luxury real estate segment.

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