The Business Times
business-time-50
SUBSCRIBERS

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

google-preferred-sourceAdd BT as a preferred source
Published Wed, Nov 29, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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.

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Suryo Suherman, president director of Indonesia Cinema XXI, maintains that Indonesia remains one of the world’s most attractive cinema markets.

    ‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

    Higher costs, lower returns: Why are Singaporeans still betting on real estate?

    Kapa's pair of semi-detached houses in Westlake Avenue were rebuilt from a bungalow. Rather than produce a mirrored pair, the two homes were designed as a considered whole to look like part of an evolving streetscape.

    Costly renewals: Transforming an old landed house into your dream home is getting harder

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More