Property Match have partnered up with an established
Lisbon based Real estate company to bring you and
exciting offering of various Residential/Commercial
development opportunities in Lisbon, Portugal.

* Building 4 storey high plus a loft area
* It is possible to add another 2 levels on top of existing
* building & construct a private parking area
* Construction Area 1440m2
* Currently occupied with 12 tenants


We offer an end to end service; from sourcing the properties, to arranging inspection trips, negotiating the sale, liaising with lawyers, finance houses, architects, city hall, construction companies and right through to resale of refurbished apartments.

Detailed Floor Plans and Finacials are availabe on request.

Overview of Property Market in Lisbon

Refurbished Building

* Government want urban renewal
* 4,500 buildings in the city require renovation
* Old rental contracts fixed for 50 years
* Landlords could not increase the rents
* Buildings became run down
* Last year laws changed for old rental contracts
* It is now possible to increase rents provided that the landlord renovates the building

Renovation of City Buildings

* Most buildings are 100 years old
* Any tenant living in these buildings are a minimum of 70 years old
* Example:
* Old rent can be approx €25 for an apartment of 170m2
* Value of a new apartment 170m2 = €3,000m2 x 170 = €510,000
* The legal municipal value on rental is 4% of price - €20,400 per year or €1,700 per month
* From 4,500 buildings: 300 belong to council and 350 are currently awaiting planning approval to reconstruct in council.

What is happening in the market now?

* Buildings are coming onto the market for sale.
* Landlords are selling to investors and developers from Portugal, Spain, Itlay and France are buying up.
* Investors are buying blocks and once planning permission is through putting it back on the market at a profit.
* Other investors go through with construction and sell apartments to the local market.
* Prices have risen approx 20% within the last year in this sector
* Locals are buying up these new built or renovated apartments
* Portuguese have one of the highest rates of owner occupiers in Europe
* Population of Lisbon is 4 million, only 500,000 live in the City now
* There is enough accommodation in Lisbon to house 2 million people

What is happening now in the market?

* Due to fixed rents no money was being invested in maintenance of the buildings and the standards dropped so residents moved out of the City
* New modern apartments are in high demand in Lisbon City
* Trends are changing and Portuguese are moving back into the City from suburbs as renewal is taking place
* There is not enough supply to meet the demand
* At the moment the price of property in Lisbon is only 1/3 of the average price of property in all European capital cities
* The real estate market in Portugal has been increasing steadily for the last 50 year (currently 5-8%)