Portugal

Whether you’re interested in the property value of logistics, office, hotel or retail, our valuers can help you in your property valuation projects in Portugal thanks to our extensive knowledge of Portugal’s main property markets: Lisbon and Porto.

2016 was a record year for office market value in Lisbon. Office supply in Lisbon is in a binary state with a mix of speculative developments and structural vacancy composed of obsolete properties that need renovation. **

Baixa, Lisbon’s central business district, is home to many of the city’s major banks, while Rua Augusta is lined with retail properties. Neighbouring Rua da Prata and Rua Áurea are home to the silver and goldsmiths of the region. The city also recently received a round of EU funding for urban renovation.

Porto is the second-largest city in Portugal after Lisbon. The city is experiencing a major touristic expansion in part thanks to the development of low cost air traffic to the city’s Francisco de Sá Carneiro Airport. Greater Porto, with a population of 2.5 million, also serves as an industrial hub.

Urban renewal projects in the city’s main business districts aim to enhance public spaces. The city’s Avenida dos Aliados was recently renovated entirely, with new urban furniture and green spaces.

Portugal is a dynamic property market with varying market and rental values depending on region and asset type. Our valuers can answer all your questions about property valuation in Portugal.

*Source : World Bank
**Source : BNPPRE Office  Handbook 2017