Lisbon will be the "number one choice" to invest in real estate in Europe

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The good moment that the national real estate market is going through will continue. And according to a study by PwC and the Urban Land Institute, for the coming year, when demand for European real estate will be paramount, Lisbon will be Europe's "number one choice" for investing in real estate. The quality of life, "the" relatively inexpensive real estate "and the" extraordinary returns "it offers have made the Portuguese capital skyrocket in the ranking.

It is in this sense that real estate gains advantages over other asset classes. And not necessarily apartments in the big cities of the Old Continent. The attention of real estate investors is turning to smaller and dynamic cities, says the study in which Lisbon takes a leap in the ranking of the cities of choice.

The top ten cities to invest in this market area "mix of smaller newcomers and larger markets already tried and tested." So for next year, and after being out of the top 10 in 2018, Lisbon becomes the "number one choice" to invest. It surpassed all the other European capitals, away from Berlin from the top of the table.

This fame and growth that Lisbon has been boosted by the demand from international companies seeking to expand to other markets. "Portugal has become a popular place to set up service centers. It is a combination of labor and real estate still relatively cheap and with an excellent quality of life, "said one expert, explaining that tenants have to compete for real estate and the supply is reduced.