7 December, 2020
Lisbon’s vibrant culture, stunning landscapes, and booming economy have long captivated tourists. But for shrewd investors, the city offers another enticing prospect: a thriving retail market brimming with potential. Here are 5 key reasons why overseas investors are setting their sights on Lisbon’s retail properties:
A Flourishing Economy & Rising Consumer Confidence
Portugal’s economy has experienced steady growth in recent years. Coupled with Portugal’s successful handling of the COVID-19 pandemic, this has fostered rising consumer confidence. The country’s efficient response and relatively low infection rates have created a sense of stability, making Lisbon an attractive market for retail investment.
Global Hub & Tourist Magnet
Lisbon’s strategic location boasts excellent air connections, making it a magnet for tourists. This constant influx translates to vibrant foot traffic for retailers, especially in prime locations.
High Occupancy Rates & Stable Rental Income
Retail properties in Lisbon typically enjoy high occupancy rates, offering investors a predictable and reliable income stream. This stability is crucial for building a strong investment portfolio.
Beyond Tourism: The Power of Local Staples
While tourist areas offer undeniable appeal, savvy investors are increasingly recognizing the potential of retail spaces catering to Portuguese families in non-tourist neighborhoods. These stores, often supermarkets, pharmacies, or local shops, benefit from stable demand, long-term leases and attractive yields.
Managed Inflation & Strong Market
While inflation is a concern across Europe, Portugal has managed it relatively well compared to other countries. This economic stability, combined with the overall strength of the Lisbon retail market, makes it an attractive option for investors seeking a safe and profitable investment.
Navigating the intricacies of a foreign real estate market can be daunting. However, by partnering with experienced local experts like Prima Carta, overseas investors can benefit from:
- Streamlined Processes: We simplify the investment journey, handling legalities and navigating local customs.
- In-Depth Market Knowledge: Our team provides valuable insights to identify prime locations and understand market trends.
- Seamless Property Management: Prima Carta takes care of everything from tenant screening and lease negotiations to ongoing property management, ensuring a worry-free experience.
Investing in Lisbon’s retail sector presents a compelling opportunity for overseas investors seeking a dynamic market with strong growth potential. With its flourishing economy, global hub status, and diverse retail landscape, Lisbon offers a chance to tap into a vibrant scene poised for continued success.
Ready to Invest in Lisbon retail properties? Contact us today for a free consultation and discover how we can help you unlock the exciting prospects of Lisbon’s commercial real estate market.