Real estate trends in Cascais and Lisbon: Cooling market for high-end properties?

Hey everyone,

I’ve been keeping an eye on the Cascais property scene for a while now. Lately, I’m wondering if the high-end market is finally slowing down a bit. You know, those fancy places that go for over 500k to buy or 2500 a month to rent.

I don’t have solid numbers, but it feels like things are changing. More nice places seem to be sitting around longer before they sell or get rented out. I’m seeing more price cuts on listing sites too.

What do you guys think? Has anyone noticed similar things? Or am I just seeing what I want to see?

Also, I’m curious about the difference between what people list their properties for and what they actually end up getting. Any ideas on that?

Thanks for your input!

Mike

Interesting observations, Mike! Have you checked out any open houses recently? I’m curious if the turnout for high-end viewings has changed. Also, what’s your take on how global economic factors might be influencing Cascais’ luxury market? Any thoughts on potential ripple effects in Lisbon?

hey mike, i’ve noticed similar stuff in cascais lately. definitely more high-end properties sitting on the market longer. friend of mine works in real estate and says theres a gap between listed prices and what buyers r willing to pay. market might be adjusting but hard to say for sure. keep an eye on it!