10 11

Source: PwC Emerging Trends in European Real Estate 2019 Report

ECONOMY ECONOMY

Lisbon s solid economic fundamentals, affordable property prices, low living costs and modernising transport links have made the city an internationally recognised destination for investors, developers, and tourists alike.

Positioned on the Atlantic Ocean coastline, this city of 2.83 million residents is currently the prime location for a majority of national economic centres.

ECONOMIC SNAPSHOT -

2.93%

323,000 2%

5.9%

50 million EUR210 million „ Lisbon Investment Prospects 2009 - 2019

„ LISBON Contributes 45% of the country's GDP

Employs 29% of the national workforce

Reaches a significant labour productivity 1.3x higher than the national average

population growth forecast between 2018-2025

companies headquartered in Lisbon

passengers expected to be served each year by the new Monitjo Airport, due

to open in 2022

unemployment rate

GDP growth forecast for 2019

metro development underway, set to create two new underground

stations and regenerate the city's main transport

hub, Cais do Sodré

In 2019, Lisbon ranked as the best city in Europe for investment and development prospects by PwC, up from 11th place in 2018.