Even with the whole world looking at Portugal and Terrinha's well-heeled real estate market, Lisbon did not rank among the 10 favorite destinations in the European real estate market in 2018. For 2019, however, the situation changes: the Portuguese capital is at the top of the ranking made by the Emerging Trends in Real Estate study of the PwC consultancy along with the Urban Land Institute. The survey, which also listed Berlin, Dublin, Madrid, Frankfurt, Amsterdam, Hamburg, Helsinki, Vienna and Munich, points to relatively low prices, high possibility of return and quality of life as the main reasons that led the Portuguese capital to first place.
"Portugal now has a very positive set of factors for investors: political stability, a rapidly recovering economy and long-term prospects for sustainable growth and dynamic markets. Even if it appreciates at an accelerated pace, around 10% per year, real estate will still maintain this upward trend for the next few years, since demand is high, "explains César Damião, founding partner of the Global Trust (www.globaltrust.com.br), specializing in international real estate investment.
In addition to those who are moving to Portugal, there is also the public interested in the Golden Visa, a residence visa that the European country offers to those who, for example, buy a property of at least 500 thousand euros. As Portugal is part of the European Union, the person with a Golden Visa can live with his family legally in any country in the bloc.
The real estate market in Portugal has attracted so many stakeholders with different profiles that the offer of apartments has diversified. Until recently, Lisbon had basically old buildings, some renovated and modernized, but maintaining the original facade and architecture. Today, there are options of new condominiums, with complete infrastructures, such as garage, leisure areas, swimming pool, elevators and even some services perfect for those who want to live in Portugal. One of them is Martinhal Residences, which brings together sophisticated urban apartments for families and for investors with guaranteed income, through aparthotel to the profile of executives in Parque das Nações, one of the new neighborhoods that have been emerging in the city.
Those who want to know more about investment opportunities or high-standard housing in Lisbon can contact the Global Trust at www.globaltrust.com.br or call 55 21 2226-4071. With an independent profile, the consultancy acts together with the largest real estate developers and real estate agents in Portugal and offers a 360o service, accompanying the client in each stage of the process, besides indicating specialized legal and exchange advice.