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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
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.
PHOTO: BLOOMBERG
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...
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