Analysis indicates the Portuguese residential market is more 'demanding' and 'selective'

Real estate agencies report that while demand remains high, transaction volumes are slowing due to a mismatch between property prices and household incomes. Homes are taking longer to sell—averaging 119 days compared to 107—as buyers become more cautious and reliant on bank financing, while the market is increasingly driven by existing property owners upgrading their homes rather than first-time buyers.