Market 360º Porto 2020
The Market 360º Porto Report 2020, analysis the performance of real estate, office, retail, investment, development, residential and hotel markets in the city of Porto.
For the Office market, the city of Porto offers intrinsic characteristics that remained even at this time of uncertainty. One of the factors that shows the good health of this market is the fast take-up of new, quality buildings by multinational companies that want to settle in Porto.
The Retail sector was one of the most affected by the confinement imposed in the initial period of the pandemic, with the general closure of stores. This is a situation that affects both shopping centers and high street retail.
Despite the adversity generated by the pandemic situation, Investment in commercial real estate in the North region shows the same pace registered in the national market, which remains at high levels.
The beginning of the year was positive for the Residential market in Porto, continuing the unprecedented dynamics of recent years during which new price levels were reached. Naturally, the pandemic interrupted this path, but the residential sector has proved to be one of the most resilient segments.
The geographic focus of the demand for real estate Development in Porto is diversifying, covering new zones within the city and expanding to neighbouring urban zones.
The North region in general and the city of Porto in particular has been standing out in the pandemic context, regarding the evolution of Tourism. Despite the sharp decreases, its recovery has been more successful.
Aceda à versão portuguesa aqui.