According to a recent report by Savills, Lisbon ranks above cities like Madrid, London, Paris and San Francisco for lifestyle, investment potential and value for money. The city boasts stunning beaches, culture, excellent infrastructure, a great quality of life and 300 days of sunshine.
From a business point of view, Lisbon makes sense. Its super entrepreneurial; in fact, growing start ups and tech innovators make Lisbon Europe’s San Francisco. It’s also relatively affordable compared to other European Cities, both from a living point of view and property price, currently working out at a 5th the cost of a London apartment.
Rejuvenation in the city means that previously abandoned period homes are being snapped up by developers and refurbished into stunning apartments. Avenida da Liberdade is Lisbon’s equivalent of the Champs Elysess, and homes around here, and in Old Town’s Chaido district are now among the most sought after in the capital.
Suburbs such as Estoril and Cascais are also popular with foreigners, offering larger homes and unrivalled lifestyles, centred around outdoor living and the beach.
With so much development going on, sophisticated international living and a healthy rental market, Lisbon is one of the top cities for international property investment.
-Areas of Lisbon have grown by 30% in last 2 years
-Rental yields 3-5%
-1/5th the price of London property
-Tax perks for foreign buyers
Please contact us to find out more about investing in Lisbon