Discover Lisbon Real Estate | Where and Why to Invest in Lisbon?

Located along the Atlantic Ocean, the Portuguese capital is a hot tourist destination, with millions of visitors annually, Lisbon is the country’s economic, cultural, and political center.

For more video check out our
Channel:    / @tiktakhouses7316  
Website: https://tiktakhouses.com/portugal/lisbon
Facebook:   / tiktakhouses  

Located along the Atlantic Ocean, the Portuguese capital is a hot tourist destination, with millions of visitors annually, Lisbon is the country’s economic, cultural, and political center. Having suffered from the global financial crisis, the economy is now booming. The property market growth
is on par with the economic re-birth. Steps have been taken to increase foreign investment, including tax advantages and access to Portuguese residency.
The market has taken a positive turn, with an inrush of investments and upshoot in costs. In early 2019, home prices increased by 9.2%, while remaining some of the lowest in Europe. The average cost for an apartment in Lisbon is €3,500/sqm, compared to €13,000/sqm in Paris. Rental prices vary between €919 to €1,727 on average.
Due to a large number of tourists, investors can benefit from short-term rental and Airbnb market. Rental yields in the city center are 4.48% and 5.3% in the outskirts.

Alfama – Lisbon’s oldest neighborhood and a mecca for tourists. A sure bet for short-term rental market.
Parque das Nações – A new popular district with lots of potential, with modern housing stock, prices are higher - €5,000/sqm.
Marvila – A developing neighborhood with diversity for investors. From modest apartments to condos and penthouses, prices range from €200,000 to millions of euros.

As a tourism hotspot envisioning high demand and good returns, Lisbon’s property market is a BUY