Lisbon will be the favorite destination for European real estate in 2019

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Good news for the national real estate, which will continue to live good (or even better) times in 2019. Outside the top 10 in 2018, Lisbon will stand out, next year, as the leading destination for real estate investment within Europe, surpassing cities like Berlin, Dublin or Madrid. After the heyday of mature markets, interest is now moving to small but dynamic cities. The Portuguese capital is, in this context, referred to as the "risking star" in which it is worth taking the risk of betting, in a long-term logic.

"Relatively cheap real estate", "extraordinary returns" and "quality of life" are the great assets that make Lisbon the "number one choice" of investors in Europe, according to the most recent edition of the study Emerging Trends in Real Estate 'by PwC and the Urban Land Institute.

The ten major cities chosen by investors (Lisbon, Berlin, Dublin, Madrid, Frankfurt, Amsterdam, Hamburg, Helsinki, Vienna, and Munich) are a "mix of smaller newcomers and larger markets already tried and tested", points out the which includes the opinion of 800 senior managers in the industry. The exit of the United Kingdom from the European Union is benefiting this type of cities, traditionally, further away from investors' sights.

As for the retail business, expectations are, overall, positive. "Portugal has a low internet penetration, successful tourism and a population that likes to shop," concludes PwC.