After the big cities, investors turn to the smaller ones and in this race, Lisbon has just taken the lead. In just one year, the Portuguese capital rose from 11th place to first, reveals a study by the consultancy PwC and Urban Land Institute.
The study, Emerging Trends in Europe 2019, which ranks property markets in major European cities according to the global prospects of large investors in the sector, shows the fall of some cities so far in the Top of preferences, such as Berlin, which has moved to second place in the ranking. Dublin, despite the effect of Brexit, remains in third position.
The preference for Lisbon is supported by the city’s “quality of life” and by the growth of the Portuguese economy, which “is now an international destination for companies, investors and tourists”.
