The sale of luxury properties is, undeniably, an activity with enormous potential for investment, profitability and associated prestige . Nowadays, despite being in a period of pandemic, the demand for this segment has not abated and there continues to be a market full of opportunities.
Luxury properties are buildings that have a set of characteristics that go far beyond the price variable. The exclusive design , high quality finishes, location , surrounding spaces and interior details are some of the aspects most valued by buyers.
Find out the reasons that justify investing in the luxury real estate sector and the favorable national situation. Also discover how you can work in this guaranteed profitable segment.
5 Reasons that explain investing in luxury properties
Premium properties are particularly attractive to potential investors for several reasons:
1. Profitability
Luxury real estate – acquired for housing or rental purposes – constitutes a permanent asset. On the one hand, it could be seen as a safe investment in the medium or long term, given its asset value . On the other hand, it will be able to be a source of monthly income , immediately, following your lease.
With regard to the sale of luxury properties, it is important to highlight that the target audience for this type of properties is stable, remaining active in the market.
2. Appreciation potential
The real estate market is unavoidably dependent on the current economic and social situation . As a rule, luxury properties have a range of distinctive features that counteract their possible devaluation. Therefore, owners will always feel secure when purchasing a home. Therefore, the sale of luxury properties will remain highly profitable.
3. Comfort and safety
Typically, high-end properties have construction of unquestionable quality, ensuring their longevity. They are also equipped with video surveillance and private security , guaranteeing the integrity of the people who live there.
4. Prime location
The luxury homes are located in privileged areas , with strategic proximity to other buildings in the same segment. These places are clearly quiet and surrounded by other prestigious spaces . Additionally, the property’s outdoor space has leisure options for the whole family .
5. Unique design
Luxury real estate buyers want, above all, exclusivity, personalization, refinement and comfort. Therefore, the judicious inclusion of quality construction materials is highly valued, as are all decorative details.
Is selling luxury properties a safe bet?
Before analyzing premium properties in the abstract, it is essential to reflect on the national geographic context. Portugal is a truly attractive country for its cultural heritage, mild climate, gastronomic richness and hospitality. Other particularly interesting factors are its low cost of living and the tax incentives available to foreign citizens.
The country also has an average investment in real estate in the luxury segment that is very favorable for potential buyers. This is set at 2.5 million euros, which is considerably lower than that of other European countries, at 3.5 million euros.
Despite the current pandemic crisis, business opportunities are real and safe tangible assets – such as real estate – will be the main targets of all those with large financial resources. As such, luxury real estate consultancy will remain a rewarding activity.
Do you have the ambition to succeed in the area of luxury property sales and would you like to join a network of agencies with a differentiating and excellent service ? DS PRIVATE is a real estate brand strongly focused on customer satisfaction, which operates in the areas of real estate brokerage in the luxury segment, construction and credit intermediation.
Become an investor by opening your own space and positioning yourself in the market by providing a prestigious, personalized service with high quality standards. Contact us to stay up to date with all the conditions and dream of a better quality of life for you and your family!
