Real estate investment

Lisbon has definitely entered onto the radar of foreign investors, a scenario that is not just a passing trend, but seems to have come to stay. Colm Wilkinson, Regional Manager of Lisbon PortugalProperty.com, moved to Lisbon 13 years ago and says he is in love with the capital.

Too much demand and too little supply – it’s a scenario that continues to fuel the rise in the property prices. In the last year alone, prices have increased by 12.8%, the largest increase since 1992, according to data from Confidencial Imobiliário (Ci).

Interest rates for mortgages are relatively low right now, and it’s possible to can earn more than 7% each year if you invest in a property in Portugal.

The French are still top of the list for the nationality which invests the most in the Portuguese property market, making up 29% of the total. Even so, Brazilian investment keeps growing and already accounts for 19% of property purchases by non-Portuguese.

One catamaran, 50 real estate professionals and just one aim: to explore the land of the three projects that make up Lisbon South Bay.

The ‘Cidade da Água’, City of Water, which will be built on the old Lisnave lands in Almada, is well underway.

Seems like the whole world and his dog are looking for a house in the Iberian Peninsula, if they haven’t bought one already. So what’s the big deal?