Residential market peaking in Lisbon

Residential market peaking in Lisbon

Published at: 2016-05-18 09:22 | Author: CIJ Portugal
Lisbon's residential market is peaking, with demand being driven by a new set of buyers, according to JLL. The most popular areas at the moment are the center of town and its historic areas, though most neighborhoods with high property values are proving to be attractive. In its report "Residential Market - Unmatched Dynamic", JLL writes that “since 2013, demand marked by new buyers profiles, which is one of the factors that most influenced this dynamic and is transforming the most central areas and tourist flow.” The company claims that Lisbon is now one of the most attractive destinations in Europe for foreigners to purchase homes in, as values in prime areas are still relatively low, compared to other European cities.

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