Edition 1445
14 October 2017
Edition: 1445

Read this week's issue online exactly as it appears in print.

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Real estate market booms

by TPN/ Lusa, in News · 01-10-2017 08:36:00 · 0 Comments

The record real-estate sales in Portugal up until June, which grew 18% in number and 25% in value, has driven building and public works, with the number of tenders and contracts up 91% and 83% until August.

Real estate market booms

 

“The first half of 2017 broke the record for the last nine years in half-yearly terms for houses, building industry association FEPICOP said.

 

In the first six months 72,000 homes were bought and sold, worth a total of €8.9 billion.

 

Lisbon and surroundings was responsible for the lion’s share of the deals, 35% in number and 48% in value, which was up 17% and 29%, respectively compared with the same period in 2016.

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Edition 1445
14 October 2017
Edition: 1445

Read this week's issue online exactly as it appears in print.

Twitter