NO BETTER TIME TO INVEST IN LISBON'S LUXURY HOUSING
Luxury homes are highly valued in Lisbon’s housing market. According to recent data released by the Confidential Property database, the prices of houses in the highest segment increased by 23% between 2013 and 2015, and 14% between 2010 and 2013.
The largest increases are in the more expensive segment of the real estate market, whereas medium-end market is on its way to full recovery. According to the Confidential Property of SIR database (System of Residential Information) "45% of total housing sales in the upper range of the market are concentrated in the areas Parque das Nações and Baixa (covering the parishes of Santo Antonio, Misericórdia and Santa Maria Maior)".
In 2014, after more than three years of depression, house prices in Portugal started to recover. By January 2016 Lisbon metropolitan area property prices went up by 3.69% (2.81% in real terms). The average selling prices of high-end properties have exceeded to €4,000/ m2 in the Santo Antonio neighbourhood, and fluctuated between €3750 and €3950/m2 in the areas: Parque das Nações, Misericórdia and Avenidas Novas.
FRENCH ARE LEADING REAL ESTATE INVESTMENTS IN PORTUGAL
French investors surpassed the UK and China in investment in domestic real estate sector, and are holding one of the leading positions!
PORTUGAL IS ONE OF THE SAFEST PLACES TO INVEST IN REAL ESTATE
The French newspaper Les Echos puts Portugal on top 4 of the worldwide real estate investments, in terms of security. The other countries are the United States, Germany and Luxembourg.
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