Investing in “green” real estate brings several advantages, not only for society and the environment, but also in terms of cost, says a new report. “Building a New Future with Sustainability”, developed by the JLL Strategic Consultancy & Research Department, analyses the impact of adopting sustainability measures on the cost and value of a property.

In a statement, Joana Fonseca, Head of Strategic Consultancy & Research at JLL, explained that sustainability “is not only a structural urgency of societies and the environment, but it does have very relevant benefits in terms of costs, value and occupational performance of properties”.

As well as increasing the value of a property, a more sustainable home reduces running costs, sees higher rental returns and attracts tenants or buyers with a more sophisticated profile, according to the report.

Portugal more committed to ‘green’
Clients in Europe, the Middle East and Africa were surveyed in the same report, which found that 82% of active operators linked to the sector in Portugal say they intend to follow up on their commitment to sustainability. This represents a higher number than respondents from Germany, Spain or France.

According to the report, around “40% of the total carbon emissions come from real estate, so this sector will have a crucial role in building a more resilient and sustainable future”.

As Joana Fonseca noted, “It is important for investors, developers and occupiers to realise that the sustainability and development of greener buildings is going to be a basic requirement in the future.”

Browse our portfolio to find the property with all the features you’re looking for, or get in touch with the Algarve Home Sales team for further advice.