Edition 1454
16 December 2017
Edition: 1454

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

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Real estate market booms

by TPN/ Lusa, in Business · 05-10-2017 12:36:00 · 0 Comments

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

The first half of 2017 broke the record for the last nine years in half-yearly terms for houses, building industry association FEPICOP has revealed.
In the first six months 72,000 homes were bought and sold, worth a total of €8.9 billion.
Lisbon and its surroundings were responsible for the lion’s share of the deals, 35 percent in number and 48 percent in value, which was up 17 percent and 29 percent, respectively compared with the same period in 2016.

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Edition 1454
16 December 2017
Edition: 1454

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

Twitter