Lisbon is, by these days, one of the hottest cities for Real Estate Investment worldwide. In 2017 prices in prime zones increased by 19% on average. In 2018 prices are keeping the same growing trend, which should continue over the next 2 to 3 years, even if some softening is expected.
According with the recent Global Investment Atlas 2018, from Cushman & Wakefield, last year, the total investment in Real Estate in Portugal was over 2,1 billion Euros, putting Portugal in the 25th position worldwide.
After the crisis, the investment was initially spurred by tax-friendly for non-habitual residents (NHR) programme and GOLDEN VISA PORTUGAL, but currently Lisbon is sought after by those who value glamorous lifestyle, top notch education offering, safety, vibrant cultural offer, gourmet cuisine, accessible luxury properties, an airport right in the city.
According with a recent article from New York Times, currently, Lisbon is better known for its red-hot culinary scene and fine cultural institutions, including a new world-class museum on the waterfront. The faded Old Europe charm remains, but with a stream of exciting openings and fresh inspiration drawn from across the Atlantic, Lisbon seems primed for a new golden era.
Price per square meter in Lisbon, has been increasing uninterruptely since 2010, except for 2012 after the financial bailout. Adter strictly implementation of the reforms, Portugal positioned itself as a hot spot for startups, helding among others, the high profile WebSummit event, and as a leading tourism destination (the 2nd fastest in Europe).
But, Portugal is much more than tourism. The number of international students that came to Portugal to attend top universities are increasing. Maybe you don’t know that Portugal is the 5th country in Europe with more business schools ranked in the European Business School Rankings 2017.