"Urban rehabilitation: an investment opportunity"

Leonor Brito, managing associate at the Real Estate & Environment practice, writes an article for the International Law Office on urban rehabilitation as an investment opportunity.

The lawyer states that "the Portuguese real estate market has shown signs of recovery since 2013, with both domestic and foreign investors now looking to invest in the renovation of properties, particularly those located in the downtown areas of Portugal's major cities (eg, Lisbon and Oporto). Renovated properties are being used for either investment purposes or short-term leases and tourism purposes."