Lisbon in the top 10 cities for real estate investment
Lisbon ranks eighth among Europe's most attractive cities for real estate investment in 2023, surpassing last year's results (11th place). Leading the list is London, UK. The second and third places are occupied by Paris, France, and Madrid, Spain, respectively. This ranking was published in the annual European Real Estate Outlook report prepared by PwC and Urban Land Institute (ULI) and reported to idealista.
The report notes that due to the great uncertainty, real estate investors are even more cautious in choosing countries and cities to invest their capital in Europe. Many prefer to focus on cities that provide liquidity during periods''highest risk.
It is also worth noting that Germany's cities - Berlin (4th), Munich (7th), Frankfurt (9th) and Hamburg (11th) - despite their relatively high ranking, fell in the ranking for investment and development prospects.
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