The same source reveals that real estate developers are increasingly investing in larger residential projects, with a sales rate of 45% for the new developments launched in the first half of 2025.
According to the sample from the “Buildings on the Market” database, the number of new residential projects entering the sales process in the national market during the first half of this year is similar to that of the previous half-year. However, the number of housing units included grew by 42% when comparing the two periods, clearly indicating a shift in development towards larger-scale buildings.
Demand continues to show strong signs of vitality, as the absorption rate has remained high despite the sharp increase in the number of units available for sale. In fact, 45% of the housing units launched on the national market in the first half of the year have already been sold.
Regionally, the average sales rate stood at 32% in the Lisbon Metropolitan Area and 49% in the Porto Metropolitan Area. The remaining regions of the country recorded absorption rates of around 45% for projects launched in the first half of the year, with the Algarve standing out positively, where this rate reached 62%.
Porto, Lisbon, Vila Nova de Gaia, and Matosinhos were the municipalities with the highest activity in launching new projects in the first half of 2025. However, there is a notable trend toward increasing geographic diversification, with investment expanding into other areas, including regions outside the Metropolitan Areas.
Among the four most active markets, Lisbon recorded the lowest sales rate for developments launched in the first half of the year, with this indicator standing at just 32%. In comparison, Porto saw an absorption rate of 46% for this new supply, in line with the national average, while in Vila Nova de Gaia, the sales rate for this year’s launches reached 41%. Of the four, Matosinhos is the market with the highest absorption rate of new units, registering an average sales rate of 61%.
The “Buildings on the Market” database is an information system produced by Confidencial Imobiliário that monitors the main residential developments currently on the market, focusing on buildings with a minimum of 10 housing units. It covers projects developed by institutional real estate developers and marketed through their own digital channels or through agents.
Image credits: © Mathis Bogens | Unsplash
