13 Best Real Estate Developers in Portugal
You have always wanted to know all about real estate developers in Portugal, yet you don’t know which information to trust. Dreaming about your ideal real estate in Portugal is your favorite pastime, and you are itching to make a move, if only it wasn’t for the misinformation all over the internet.
This issue is nothing out of the ordinary - do not fret. When it comes to choosing the right developer for your tastes, needs, wants and life situations, you must be extremely careful and thorough in your research. Therefore, don’t let that stagnant feeling freeze your yearning for a Mediterranean property.
At Kredium, we have helped numerous clients all around the globe to get mortgage in Portugal as a foreigner and to find a real estate there. Our expertise inspired us to create a list of top real estate developers in Portugal, to help anyone looking for a trustworthy company. You will be introduced to some of the most important names in the Portuguese real estate market, some of Lisbon’s and Porto’s best developers, and Portugal’s real estate sector and predictions.
Top Real Estate Developers in Portugal
In the next few paragraphs of this article, we will cover some of the best real estate developers in Portugal according to Instituto Nacional de Estatíca (INE), and offer a more detailed analysis that will include the companies' transaction numbers, sales volume, projects and Google reviews.
With these aspects in mind, you are to create a full picture of the company and decide whether it is something you are willing to consider. With this detailed guide and research of real estate developers, we are hoping to teach you about all the possibilities Portugal has to offer.
1. Savills Portugal
Savills Portugal was founded in 1855, in the UK. It has spread globally and become one of the leading real estate developers in Portugal where they opened their office in 1990. They are a prominent, worldwide company that advises corporate, institutional, and private clients to purchase, lease, develop, or realize the value of residential and commercial property:
Gaia Hills
Boa Nova Residences
Prata Riverside Village
Google review: 4.1
Sales volume: $2.6 billion
Number of offices: 600+
LinkedIn: Savills Portugal
2. Portugal Homes
Portugal Homes is a luxury real estate agency based in Lisbon and the Algarve region. Since its founding in 2018, it has offered advisory and property investment opportunities across Portugal, while providing tailored strategies to its clients to help them make the best choice. The investment programs they support are the Portugal Golden Visa, NHR, D2 Visa, D7 Visa and assistance in getting its clients their dream property:
Silver Coast Projects – Offering beautiful coastal properties
Lisbon Developments – Featuring renovated buildings in prime locations
Algarve Villas – High-end homes in Portugal's famous southern region
They have been recognized as the Best Real Estate Agency Single Office Portugal for the years 2020-2021, and 2021-2022. The company has received the same prize for the years 2023-2024, along with the Real Estate Agency Marketing Portugal, and Real Estate Agency Website Portugal.
Google review: 4.8
Deals closed in 2024: 300+
Revenue: €400 million
LinkedIn: Portugal Homes
3. Worx
Founded in 1996, Worx was the first real estate company in Portugal to be regulated by RICS (Royal Institution of Chartered Surveyors), a world-renowned entity. They founded LPI (Lisbon Prime Index), and many other benchmark companies. They have been an alliance member of BNP Paribas Real Estate since 2016 which goes to show the quality of their work in Portugal:
Oriente Green Campus - A major office development in Lisbon
EXEO – Echo - Another notable office project
Ermida Park - A logistics park, an example of sustainable real estate
DPD Distribution Hub - A project focusing on modern logistics infrastructure
Google review: 4.7
Sales volume: $910.3k
LinkedIn: Worx
4. STONE CAPITAL
Stone Capital was established in 2010 with the idea to rehabilitate Lisbon’s historic areas, protecting the original aesthetic and character of its neighborhoods. The company has also made sure that there is an enrichment of urban areas with quality ideas, materials, and expert workmanship. Here are some of their remarkable projects:
Palácio Santa Helena – A 16th-century palace located in Alfama, Lisbon, transformed into 20 luxury apartments. This project has won awards for its outstanding residential renovation.
Santa Clara – A collaboration with The Standard Residences, offering luxury living spaces in Alfama with stunning views of the Tagus River.
Rossio 85 – Another significant project in Lisbon, combining modern luxury with historical charm.
Google review: 4.9
Sales volume: $8.8 million
Number of projects under construction: 6
LinkedIn: STONE CAPITAL
5. Maia International Properties
Maia International Properties was founded in 2014, in Lisbon, Portugal. They are highlighting their professional agents who have a thorough and detailed insight into the Portuguese sales and rental market, from luxury residencies to high-scale commercial properties.
They are offering to lead their clients through the process of moving to Portugal, and they have established a trusted and stable reputation. Here are some of their famous projects:
The Club House Villa
Porto Palace
Google review: 4.8
Number of properties: 100+
LinkedIn: Maia International Properties
6. Commerzn
Commerzn specializes in investment consulting, property development, home renovation, and interior design. Since its inception in 2006, and has become a hub of various brands like Boutiq Property, Foreign Servcies, Moon2Leverage, Car Kulture, etc. They are committed to social responsibility, making them support local and international artists and social projects.
They are transparent about their partnerships with Review Real Estate Management, Coolnvintage Lisbon, Koklatt Cozinhas and MDriving. Some of their projects are :
Lido
Brighton
Freitas Reis
Google review: 4.5
LinkedIn: Commerzn
7. RE/MAX Siimgroup
Siimgroup is a group of companies that have been in the real estate market since 2001. They are specializing in real estate brokerage, financial consultancy, rental and lease management, urban intervention and support for foreign investors.
They count five offices in Lisbon, Cascais and Ribatejo, and hold 250 real estate agents specializing in the residential market, luxury, and agribusiness. Here are their projects:
Waya Hotels
Numa
Venda
Google review: 3.8
Sales volume: $7.7 million in 2024
LinkedIn: Siimgroup
8. Berkshire Hathaway HomeServices Portugal Property (BHHS)
Berkshire Hathaway HomeServices Portugal Property was founded in 2021. They offer services for both buyers and sellers in Portugal. They advertise themselves as a one-stop property shop that will meet everyone’s requirements for purchasing property in Portugal.
They have won awards for the Best Real Estate Website in the World in the years 2021-2022, and Best Real Estate Website 5-20 Offices in Portugal for years 2022-2023. Here are some of their key projects:
Moradia
Algarve
Google review: 4
Sales volume: $180 billion
Number of transactions: 400k
Number of agents: 51k
Number of offices: 1,5k
LinkedIn: Berkshire Hathaway HomeServices Portugal Property
9. Villas Luz
Ever since 1996, Villas Luz Real Estate has been helping clients get their Portuguese property. It offers a wide variety of properties on the Silver and Lisbon Coasts. On their official website, they are emphasizing their international real estate buyers, attracting potential clients from all around the world. Villas Luz is counting over hundreds of satisfied overseas clients in their 17 years of experience:
New contemporary villa near Obidos
Traditional detached house near Cadaval Lisbon council
Google review: 4.3
Facebook: Villas Luz
YouTube: Villas Luz - Portugal property specialists
10. Portugal Property Advisor
Portugal Property Advisor was founded in 2012, and it provides its clients with real estate solutions and advice. It provides services that cover: choosing the best investment option for the client's requirements, negotiating with partners, legal support during purchase and sale, financial analysis and search for optimal investment solutions, accompaniment in repair and construction, property management, accounting assistance, and post-sales service.
Google review: 4.9
LinkedIn: Portugal Property Advisor
11. ODEON Properties
ODEON Properties was founded in 2013. They are working on preserving Lisbon’s history, while also creating unique real estate projects through design, functionality, and architecture. Some of the projects that they have emphasized on their official website are:
Secret Garden Villas
Odeon Theatre
Palácio Lusíadas
Arrábida Residences
Flores 4
Ferragial 29
Google review: 5
Volume in investments: €60 million
LinkedIn: ODEON Properties
12. OptylonKrea
Formed in 2000 by the partners of Optylon Capital and Krea Real Estate, OptylonKrea is a Pan-Mediterranean real estate developer and investment management company. It is a reliable developer trusted by 600 investors from 40 countries, making it the pioneering investment fund advisor in Europe with €200 million equity.
There are 38 projects in 3 countries, and 1 million square meters of private area development. Institutional investors like Merrill Lynch, GIC Singapore, and Yapi Kredi Koray as well as private investors have entrusted their investment management to OptylonKrea.
Projects:
Ando Living SAnta Catarina
Ando Living Liberdade
Ando Living Santos
Google review: 4.5
Number of properties: 2000
Volume in investments: €1.8
Gross booking value: €32 million
LinkedIn: OptylonKrea
13. Central Lisbon
Central Lisbon is a real estate company founded in 2000, offering more than 20 professionals with specific training in real estate to help in the investment decisions that clients have to make. They have sold around 350 properties from north to south of Portugal, holding more than 200 properties in their portfolio.
The company participated in 13 fairs in China - Beijing, Shanghai, and Shenzhen, and has started participating in other real estate fairs and road trips in Azerbaijan, Dubai, the USA, and Brazil.
Projects:
Hotel Globo
White Sands Hotel & Spa
Google review: 4.4
LinkedIn: Central Lisbon
The Best Real Estate Developers in Lisbon
Considering that we have highlighted some of the best real estate developers in Portugal, we are going to highlight the best ones you can find in both Lisbon and Porto. Both cities represent an essential point in Portugal a lot of tourists, expats and young Portuguese residents gravitate towards. Lisbon, as the capital city, will have the privilege of being talked about first.
The best real estate developers you can find in Lisbon are already mentioned on our list above. They are:
Savills Portugal
Portugal Homes
Worx
Stone Capital
Maia International Properties
Commerzn
RE/MAX Siimgroup
Berkshire Hathaway HouseServices Portugal Property (BHHS)
Portugal Property Advisor
Estia
Odeon Properties
OptylonKrea
Central Lisbon
The Best Real Estate Developers in Porto
Besides Lisbon's dominant real estate market and developers, there is Porto, a Portuguese city with a growing real estate presence that is attracting many companies to the area. Real estate developers from Porto offer services like buying, selling, renting, and managing properties.
Some of the leading real estate developers in Porto are:
Porto Properties
ERA Portugal
REMAX Portugal
Century 21 Portugal
Iad Portugal
REMAX EdgeKW Somos
REMAX Grupo Visao
Grupo Nelson Quintas (Ramo Imobiliario)
Fraccao Exacta
Keezag Lda
Casa de Portela Imobiliaria
Portugal’s Real Estate Sector
Real Estate Transaction Value for Residential Real Estate in Portugal
Source Statista.com
Regarding real estate matters, the Portuguese market is expected to see impressive growth in the coming years. By the end of 2024, the market is going to surpass the value of US $1.64 trillion, where residential real estate holds the largest share, around US $1.33 trillion. The annual growth rate, or the Compound Annual Growth Rate (CAGR) is projected to be 4.97% between the years of 2024 and 2029.
The booming market in Portugal indicates that the market volume will reach US $2.09 trillion by the year 2029. This comes as no surprise since Portugal is experiencing a rise in tourism-related investments and has increased demand from both domestic and international buyers. Numerous expats and visitors from around the world to cities like Lisbon, Porto, and the Algarve have resulted in the surge of the construction of hotels, resorts, and vacation rental properties working in both tourists' and investors' favor.
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The Portuguese Golden Visa Program has to be mentioned since it resulted in a significant number of foreign buyers, especially from countries like China, Brazil, and Angola. However, besides this visa initiative, other aspects might contribute to the growing real estate market of Portugal, like macroeconomic factors. These include economic stability and recovery, steady GDP growth, declining unemployment rates, low interest rates, favorable mortgage conditions, etc.
Choosing the Best For You - Next Steps
When you are choosing a real estate developer or an international real estate, especially in a foreign country, you are to be extremely careful. There are numerous considerations you need to go through to make a right and educated decision, that’s why it’s extremely valuable to do thorough research and pay attention to the details. However, this process can be deeply overwhelming and unsettling since getting lost in the intricacies of numbers, rates, and developers seems inevitable.
Kredium is here to untangle that confusing web for you, give you answers, and offer advice about anything you need to know regarding real estate. Whether that is learning about the best Portuguese developers at the moment, or inquiring about a specific city like Lisbon, Porto, or Algarve, Kredium has got your back. Reach out today, learn everything you need to know, and choose an ideal home for you!
Photo Credits | Pexels
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