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Luximos Christie's International Real Estate

First portuguese named specialist in lifestyle by Christie's

First portuguese named specialist in lifestyle by Christie

Ricardo Costa has been named worldwide specialist in Lifestyle by Christie's. Economist, businessman and CEO of LUXIMOS Christie's International Real Estate, a group with presence in Porto and Algarve, Ricardo Costa has now joined the restricted core of consultants of the largest and most prestigious luxury real estate network in the world.

The session was held in New York, USA, at the Christie's International Real Estate conference in September at Christie's in Rockefeller Plaza. In debate was the sharing of the best practices and competitive strategies to navigate in the residential real estate market of luxury, currently in constant change. The Portuguese entrepreneur was invited to the Luxury Specialist Conference, a forum exclusively reserved for members of Christie's global affiliate network, and assisted the expert audience to understand why the Algarve, Porto and Northern Portugal have become consolidated as privileged territories for international clients in search of real estate investments of high prestige.

Proof that Portugal is increasingly betting on international investment is the fact that "turnover with foreigners already represents 60% of LUXIMOS Christie's billing", points out  Ricardo Costa. "In recent years," he added, "several international rankings place Portugal as one of the best destinations to invest in real estate due to security and profitability. These indicators adjuvate the public with investing capacity to direct their eyes to the Portuguese market".

Regarding the reasons that make Portugal irresistible, the entrepreneur lists some well-known characteristics by investors - but also tourists - such as climate, value for money, legendary hospitality, gastronomy, security, proliferation of flights to the main European cities, the scenic beauty and the tranquil lifestyle.

But Ricardo Costa goes further and recalls that "most of the clients who invest in exclusive real estate do not just look for lifestyle. And it is precisely in this difference that Portugal surpasses the destinations previously sought after by millionaire clients, such as Miami, French Riviera, Sardinia or other regions of Italy. Luxury real estate in Portugal has shown a continuous appreciation in the medium and long term. Investments in real estate by those who have financial standing remain very attractive and perceived to be more secure in the face of financial products. "

In New York, Ricardo Costa has pointed the finger at "the current foreign policy in the US, which has led many citizens with a strong financial capacity, especially Americans and Latin American countries, to look for alternative investment destinations to Florida", insisted, "the safest and quietest way to explore and invest is Portugal".

 


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