Kyero, the high profile international property portal, says it’s seen a significant increase in interest from American property buyers across its European markets in the wake of the 2024 presidential election.
Portugal is emerging as the top destination of choice.
A “spokesperson says: The results of the 2024 election seem to have motivated many Americans to explore real estate options outside the United States. Our platform has seen a noticeable surge in interest from U.S. buyers and investors looking for properties for sale in Europe since November 5th, with Portugal emerging as a particularly popular destination.”
Kyero’s data suggests Americans are increasingly looking to relocate or diversify their real estate holdings in the wake of the election. The company attributes this trend to a variety of factors, including economic uncertainty, political polarisation, and a desire for a change of scenery.
In the five days following the election Kyero recorded:
- A 57.9% increase in user sessions across all tracked territories (Spain, Portugal, France, and Italy) compared to the prior week;
- A 55% increase in user sessions from the U.S. to listings in Spain;
- A 138% increase in user sessions from the U.S. to listings in Portugal;
- A 67% increase in user sessions from the U.S. to listings in France;
- An 88% increase in user sessions from the U.S. to listings in Italy.
