The route to increase real estate investment through Portugal.

Investment in real estate worldwide is expected to grow by 2024 with a peak in the third quarter. International real estate consultancy Savills World Research released a report on Thursday calling Portugal "one of the most sought-after destinations due to its tourism potential".

Savills forecasts a more favorable environment for real estate investment next year, with 57% of "researchers" on average expecting a moderate to strong increase in investment activity.

In a statement, Savills said it expects "investment activity to pick up in the third quarter of 2024, with the recovery supported by a number of important markets, including the US and the UK." The company also said it is "more optimistic about the situation in global residential real estate markets, especially in multifamily buildings, where demand exceeds supply in many areas, as well as in the logistics sector due to its strong fundamentals. "

According to the survey, 90% of Savills researchers expect rent growth in the multifamily residential building segment, and 81% expect growth in the overall residential real estate market.

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