Luxury homes continued to become more expensive in 85 cities around the world in 2022 but according to Knight Frank, it was in Dubai where luxury home prices rose the most in 2022 compared to the previous year (44.2 %).
This ranking, which brings together the prices of luxury homes in 100 cities and tourist areas around the world, also shows that luxury homes in the Algarve were 15.3% more expensive in 2022 while in Porto, prices rose by 12.7% and in Lisbon by 6%.
In The Portugal News