The Spanish luxury real estate company Lucas Fox is expanding in Portugal and France.

Spanish real estate continues to cross borders. The well-known real estateagency Lucas Fox, specializing in luxury homes in Spain, is continuing its expansion plan and has announced the opening of four new offices this year. They will be located in Porto, Montpellier, San Sebastián, and Estepona. Thus, the company is opening its first offices in the international market, in France and Portugal.

The company will open its first office in San Sebastián in April, which will be an important step for the brand and a strategic point in their expansion plan. It was also announced that the first office in Estepona is scheduled to open in June.

Beyond Spain, Lucas Fox will also open its first space in Porto in May, with the next opening set to take place in Montpellier, France.

The company is now taking another strategic step by expanding its presence and becoming an agency in Montpellier, France, a region known for its high-quality wines. This expansion will allow the agency to offer its clients an exclusive portfolio of properties in this area. This move reaffirms Lucas Fox's commitment to the wine market and demonstrates their ability to adapt to new client needs.

Forecasts for 2023 and expansion plans

After a successful 2022, when the company achieved a 29% growth compared to the previous year and set a record turnover of 32.6 million euros, the agency expects continued growth in 2023. This is due to the increased demand for luxury real estate and the interest of both international and local clients in Spanish properties.

Thus, these four offices, along with the planned opening of new ones this year, strengthen Lucas Fox's position as a leading company in the luxury residential real estate market in Spain. The company has a total of 34 offices and over 250 employees.