Eco-Friendly Luxury Real Estate in Portugal: Investing in the Future
7 August 2024 • 4 min read
Eco-Friendly Luxury Real Estate in Portugal: Investing in the Future
Over the last few years, luxury real estate has become a clear choice for the most discerning investors, offering a wealth of advantages. These properties provide unparalleled comfort, industry-leading design, and locations near all relevant amenities and services, ensuring daily life is as smooth and exceptional as possible.
But what if we told you that the world of luxury real estate has taken on a new, significant dimension? Alongside prestigious living, this branch of the property market has recently begun to focus on the development of eco-friendly constructions.
Environmental responsibility remains at the heart of public debate and is essential for preserving our world for future generations. An obvious solution has therefore emerged in the luxury sector, aiming to combine the most prestigious properties with eco-friendly building materials. Portugal is a prime example, is this country is paying particular attention to eco-friendly luxury real estate.
Portugal: The Ideal Haven for Eco-Friendly Luxury Real Estate
Portugal’s Advantages in Terms of Eco-Responsibility
Portugal stands out for its commitment to promoting eco-friendly homes, primarily because its climate makes the construction of bioclimatic properties possible. According to this concept, local natural features – such as the climate – are taken into account to make each home as energy efficient as possible.
To encourage eco-responsible investors, Portugal has introduced several measures, including the overhaul of land-use laws, which allows the use of so-called “rustic land” to promote sustainable housing.
The Portuguese Luxury Real Estate Market
H3: The Portuguese Luxury Real Estate Market
According to recent studies, real estate market prices in Portugal are continuing to rise, with buyers increasingly opting for new homes or restored old estates. In other words, more and more constructions are focusing on suitable materials, and especially eco-friendly ones.
For luxury real estate, areas slightly removed from the most highly frequented regions are in the spotlight. The most demanding investors therefore tend to gravitate towards the Algarve, particularly within the Golden Triangle (Quinta do Lago, Vale do Lobo, and Lisbon). In terms of numbers, the sale price per square meter ranges between €8,000 and €10,000!
Characteristics and Advantages of Eco-Friendly Luxury Real Estate in Portugal
Eco-Friendly Standards and Certifications
To promote the purchase of eco-friendly properties, various environmental certificates and labels are emerging, especially in Portugal. For example, LEED certification (Leadership in Energy and Environmental Design) assesses the environmental impact of any construction in an effort to reduce it. Today, LEED certification is a guarantee of excellence for the energy and environmental efficiency of a home. As a result, these new prestigious homes are now highly sought after.
BREEAM certification (Building Research Establishment Environmental Assessment Method) originated in the 1990s and is now considered the standard for assessing the environmental impact of any building. The more prestigious the building, the higher its rating can go, potentially earning the “remarkable residence” label.
Harmonious Integration with the Environment and Heritage Preservation
In Portugal, preserving landscapes and cultural heritage is a major priority when building luxury real estate. Old estates are therefore frequently renovated to avoid encroaching on the vast green spaces that still exist across these beautiful regions.
For more recent constructions, significant emphasis is placed on their design to ensure that they do not spoil the surroundings, while the materials used are often wood and other harmonious options.
Eco-friendly programme
Investing in eco-friendly luxury real estate allows for the preservation of natural spaces and the rich natural heritage of Portugal’s regions. By making this prestigious choice, you can enjoy an idyllic living environment in a home that blends in perfectly with the scenery. Meanwhile, the interior comfort remains so optimal as to turn your friends green with envy!
If you want to acquire the eco-friendly home of your dreams in Portugal, contact our expert team at Rising Stone now!
