One of the main trends of the post-covid is the growing demand for properties surrounded by nature, in low-density construction resorts and located in areas with good accessibility but far from large urban centers.
On the 7th of July, Ombria Resort promoted the webinar “Why and where to invest in residential real estate in the post Covid-19” where experts with experience in several countries worldwide discussed what will be the main trends for the sector. The webinar was moderated by Financial Times journalist Zoe Dare Hall, a specialist in residential real estate in Europe, and was attended by representatives from 3 luxury resorts in 3 different countries, Portugal, Montenegro and Greece, but who have in common the fact of being located in regions of Europe relatively little impacted by the Covid pandemic19.
From the webinar organized by Ombria Resort, one of the fundamental conclusions is that one of the main trends of the post-covid is the growing demand for properties surrounded by nature or with easy access to ample green spaces and fresh air, in low-density construction resorts and located in areas with good accessibility but far from large urban centers, where residents feel physically and sanitary safe.
Another growing trend is the search for properties with larger dimensions or with more divisions, with super fast internet that allow to reconcile family life with teleworking.
The growing demand for branded residences was also noted during the webinar. A property associated with a luxury hotel brand is a differentiating factor and gives confidence and credibility to a real estate investment, in addition to providing investors with a potential for profitability and resale values higher than that of properties without an associated brand. On the other hand, the fact that this type of property is managed by a prestigious hotel brand is also a guarantee of quality in design and finishes.
The fast and efficient way in which each of the countries represented – Portugal, Greece and Montenegro – has been dealing with the pandemic and the golden visas were another of the topics highlighted in the webinar.
“This webinar allowed us to draw some very interesting conclusions about what will be the main trends in the post-covid residential real estate sector at European level. I believe that the most relevant conclusions are the growing demand, by international investors, for properties that adapt to this new reality in relation to workplaces, namely teleworking, and the demand for properties in places with low population density and that allow direct contact with nature. Projects that are well located but that allow them to be away from large urban centers will be increasingly sought after ” comments João Richard Costa, Marketing and Sales Director at Ombria Resort.
The Ombria Resort is a luxury real estate development of the Finnish group Pontos, located inside the municipality of Loulé with the opening of the first phase to the public scheduled for 2022. It started with the construction of Viceroy's first branded residences in Europe last December. The ‘Viceroy Residences at Ombria Resort’ are 65 apartments of types T1 and T2, managed by the North American five-star hotel chain Viceroy Hotel Group. These apartments are integrated in the Viceroy at Ombria Resort hotel, which also includes 76 luxury rooms and suites, 6 restaurants, swimming pools, spa, gym, kids club and astronomical observatory.