on September 20, 2024

Lisbon among the 10 most attractive cities for real estate investment in Europe

on September 20, 2024

Lisboa entre as 10 cidades mais atrativas para investimento imobiliário na Europa

Lisbon rose to 8th position in the ranking of the most attractive European cities for real estate investment, according to the report “Emerging Trends in Real Estate Europe 2024”, by Urban Land Institute. Over the last three years, the Portuguese capital has moved up from 16th to 8th place, demonstrating growing interest from investors.

Furthermore, the city stood out as the 8th most attractive destination for real estate development, driven by a favorable regulatory environment and policies that encourage new urban projects in less traditional areas. Local authorities have facilitated changes in land use, a flexibility that other countries, such as Spain, do not offer in the same way.

This growth is supported by talent attraction and the relative availability of assets, factors that continue to strengthen the city's appeal. Lisbon has surpassed major hubs such as Frankfurt and Barcelona, while London, Paris and Madrid lead the ranking.

Despite the rise, challenges such as housing shortage in Portugal could influence the sustainability of this position in the coming years, some experts warn. However, the city continues to be seen as a solid option for investors seeking stability and opportunities in the European real estate scene.

Real Estate Market Trends and Challenges

The report also highlights trends such as the impact of policies on ESG (Environment, Social, Governance) and the advancement of artificial intelligence in asset management and assessment. The decarbonization of the economy, for example, is becoming a critical point for the sector, which is seeking technological solutions to mitigate climate risks and increase operational efficiency.

Another important factor for the future of the European real estate market is the demography, with an aging population and increased migration influencing the demand for new types of housing, such as senior residences and health facilities.

Lisbon, by consolidating itself as a key destination for investors, is also positioning itself as a strategic point to face these new trends and challenges, maintaining its relevance on the global stage.

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