Investment in Urban Rehabilitation Area of Lisbon grows and reaches the value of 5.92 billion euros - a record amount. Most of the transactions registered were in the residential segment (84%), with Avenidas Novas and Santa Maria Maior parishes having the highest investment volume - mobilizing 750 million euros each.
The recent study by PwC and the Urban Land Institute (Emerging Trends in Real Estate) indicates the Portuguese capital as a promising occupant of the podium of the race for "safe European investment".
The opening of the competition promoted by the Lisbon City Council, within the framework of an affordable rent program is shortly going to be a reality.
In fact, this competition aims to guarantee the placement on the Lisbon market of 1600 new apartments, of which 1200 will have a reduced rent, between € 150 and € 600 depending on the typology in question. However, these rents are subject to possible annual adjustments.
At the entrance of the last quarter of 2018, we will take advantage of our newsletter this month to analyze the relevant data on the real estate market that is currently available.