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Lisbon's hot real estate market leaves buyers struggling for a home

A shortage of prime property in city centre prompts some investors to bid above asking price for last available units

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Lisbon's property market revival began after the previous government eased long-held rent controls and started offering residence permits in 2012 to non-European property buyers, mostly from China.

Lisbon

IN central Lisbon's property market, sellers are kings.

The Portuguese capital's real estate boom is entering a new phase as a shortage of prime property in the city centre is prompting some buyers to bid above the asking price for the last available units. 

"There's

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