LUXURY REAL ESTATE IN LISBON AWAKENED GLOBAL INTEREST
Chiado, Principe Real and Avenida da Liberdade are the most sought after areas.
The demand for luxury developments in Portugal has grown sharply in the last year. In Lisbon, particularly prime areas like Chiado Principe Real and Avenida da Liberdade are increasingly sought after by foreign investors. Among the main buyers of this market highlights are the French, followed by Europeans, Brazilian and Chinese.
Regarding the real estate in Lisbon, there is a growing interest from foreign clients in real estate for first home, followed by the second housing and also a strong real estate search for investment or restoration.
Regarding nationalities, although there is a linear relationship, there is more demand for specific products of real estate in Lisbon. The Chinese prefer mostly new real estate developments in the area of Parque das Nações; the French mainly opt for classic and modern properties in central Lisbon, and there are also those, who prefer real estate with sea views in Estoril and Cascais area.
Source: Diário Imobiliário
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