42 43
LISBON Lisbon maintains its historic, eighteenth-century architectural charm while evolving into a dynamic business and tourism hub. Lisbon s character, culture and property market have led the city to become a leading European investment destination.
No. of students per annum at Lisbon s universities
The new Monitjo Airport, due to open in 2022, is expected to service 50 million
passengers per annum
A EUR210 million Metro project is underway, set to transform the
city s main transport hub
AT A GLANCE
130,000 50
million
EUR210 million
Portuguese for beautiful view , Bela Vista is a modern development which offers breath-taking panoramic views across Lisbon and the Tagus River.
BELA VISTA LISBON -
Project:
35 units, Studio / 1 / 2 Bedrooms
Developer: Alpendre Magnata
Completion date: Q4 2020
Many business-related initiatives have drawn tourists and companies to this coastal capital city. Relatively cheap labour and real estate, along with a great quality of life, encourage the forecast for Lisbon s burgeoning technology, media and finance industries. Together with tourism, these support the city s contribution of 45% to the GDP of Portugal.
Lisbon s residential market continues to exceed expectations, with property sales increasing 151% between 2012-2017 and prices experiencing a 7.9% rise between 2017-2018 alone.
The rental market in Lisbon is also performing well, with rental growth of 21% year-on-year recorded for Q1 2019. This continues to be driven by a lack of supply and strong demand.
While property construction is on the rise in Lisbon, the imbalance between supply and demand remains significant. This housing shortage will drive both house price and rental growth in the future.
WHERE TO INVEST IN LISBON
Sources: JLL, Knight Frank, CBRE, PwC
WHY INVEST IN LISBON
