Portugal: Developers target Lisbon

Pedro Ferreirinha attended the Iberian Lawyer Real Estate Roundtable about the real estate sector and its trends.

The Iberian Lawyer Real Estate Roundtable about the market trends and the challenges that the sector is now facing, concludes that the Portuguese real estate market continues growing rapidly, having a focus in Lisbon.

For the VdA partner, “New players with a ‘long-term perspective’ on investment are entering the Portuguese Real Estate Market, says VdA’s partner, adding that, “there is a growing interest in greenfield investment in Portugal with US developers among the clients looking for opportunities”. However, the process for obtaining permits for developments is getting slower and this is making investors nervous”.

Read the full report here.