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IMOnews - Foreigners already looking for houses outside the center

Tourism and additional to IMI inflate prices in the market. Cascais and Sintra and Oeiras lines are some of the places sought. 343 thousand euros. This was the average price that each foreigner paid for houses they bought in downtown Lisbon in the last year and a half, according to Confidencial Imobiliário. Faced with this scenario, even those who are not Portuguese and are looking for a better home are already fleeing the city.

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IMOnews - The city centers are being rebuilt to the rhythm of T0 and T1

The "financialisation" of urban housing is imposing small typologies on rehabilitated buildings. Architects call for rehabilitation care and argue that it must be possible to return to these fractions when the tourism boom slows down. The Government's strategy, which is currently under public consultation and advocates a "New Generation of Housing Policies", advocates "promoting the rehabilitation of buildings" and stimulating "the rental market for permanent housing" in urban centers.

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