New Mixed-Use Real Estate Developments in Portugal
Mixed-use developments combine multiple types of spaces within one development, typically blending residential, commercial, and office areas.
Vertical mixed-use developments combine different uses of space stacked on top of each other in a multi-story building. Retail spaces might be on the ground floor, office spaces on the second and third floors, and residential units above.
Horizontal mixed-use developments are spread out over a larger area, typically in a low-rise configuration, often where a shopping mall is adjacent to residential houses, or an office park with restaurants and cafes nearby.
Live/Work developments are where people can live and work in the same building, often ideal for individuals with small businesses, artists, or entrepreneurs who prefer a short commute.
Retail-centric mixed-use developments are a mix of residential and office space, that can be shopping malls with residential units or offices located on upper floors, or mixed-use developments with a strong emphasis on entertainment and dining.
Commercial and residential integration aims to create effective work-life balance in a single location, allowing for a flexible living environment, and are often found in urban or suburban areas.
Mixed-use developments can take many forms, depending on the location, goals, and needs of the community, but they all share the common goal of creating dynamic spaces that foster interaction, reduce the reliance on cars, and enhance the quality of life for residents and visitors alike.
Why Buy or Invest in New Real Estate Developments in Portugal.
While property prices in Portugal have risen, they are still relatively affordable compared to other European countries like France, Spain, and the UK.
The demand for real estate is growing, but there are still opportunities to find properties at competitive prices, particularly in up-and-coming areas.
Portugal offers a Golden Visa program, which allows non-EU investors to obtain residency by purchasing real estate that meets certain criteria. This is particularly attractive for those seeking access to the EU market and the opportunity for a second passport.
As sustainability becomes more important globally, there is increasing demand for eco-friendly and energy-efficient buildings. New developments in Portugal often incorporate these features, making them attractive for environmentally-conscious investors.
