9Lisbon, Portugal
Lisbon has steadily climbed the ranks as one of Europe’s hottest property markets, and this trend is expected to continue into 2025. Portugal’s Golden Visa program, which grants residency to non-EU investors who purchase property, has attracted many international buyers. Lisbon’s combination of historic charm, modern amenities, and a thriving tech scene makes it a magnet for expatriates and digital nomads. With property prices still reasonable compared to other European capitals, Lisbon offers excellent growth potential, particularly in the residential and short-term rental markets.