Categories: Taxation

Lisbon taken by storm by the French

<p class&equals;"paragraph">&amp;NewLine;<p class&equals;"paragraph">More than any other capital in Europe&amp;comma; it's probably the most sought-after spot for the French&amp;period; Located just 2 hours' flight from Paris&amp;comma; Lisbon has been absorbing continuous flows of our compatriots in search of a new life or juicy investments for the past two years&amp;period; Of the 25&amp;period;000 French &amp;&amp;num;8211&amp;semi; retirees&amp;comma; expatriates&amp;comma; investors &amp;&amp;num;8211&amp;semi; who bought in Portugal between 2013 and 2016&amp;comma; the overwhelming majority set their sights on Lisbon apartments&amp;period;<&sol;p>&amp;NewLine;<p class&equals;"paragraph">The Portuguese capital &amp;&amp;num;8211&amp;semi; which many locals already dare to compare to a new Barcelona &amp;&amp;num;8211&amp;semi; is in full effervescence&amp;period; Let's not forget that it's sunny almost all year round&amp;period; Above all, the city has taken on a whole new look in recent years&amp;period; Its historic center, which was once in a state of total disrepair, has been undergoing a complete overhaul since the lifting in 2013 of a law that had frozen rents for decades... forcing landlords to abandon maintenance of their buildings&amp;period;<&sol;p>&amp;NewLine;<p class&equals;"paragraph">In agreement with the municipality&amp;comma; developers are now working to reclaim entire sections of the city&amp;period; You only have to walk the streets of Baixia or Lapa to see the scale of the work being undertaken&amp;period; And this is just the beginning&amp;colon; according to local developer Stone&amp;comma; who, along with marketer Athena Advisers&amp;comma; specializes in the renovation of high-end apartments&amp;comma; 4&amp;period;000 to 5&amp;period;000 buildings remain to be renovated in the heart of Lisbon&amp;period;<&sol;p>&amp;NewLine;<p class&equals;"paragraph">For the French&amp;comma; who have been able to take advantage since 2013 of fantastic <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;slide&sol;regime-fiscal-pour-les-residents-non-habituels&sol;">tax gifts<&sol;a> offered by the Portuguese government &amp;comma; investment opportunities are therefore legion&amp;period; All the more so as&amp;comma; despite their rise over the past two years&amp;comma; prices remain attractive in the hyper-center &amp;colon; count on average 3&amp;period;500 euros per square meter for unrenovated old property and between 4&amp;period;500 and 7&amp;period;500 euros for renovated old property depending on the neighborhood&amp;period;<&sol;p>&amp;NewLine;<p class&equals;"paragraph"><a href&equals;"http&colon;&sol;&sol;www&period;capital&period;fr&sol;immobilier&sol;actualites&sol;immobilier-ces-quartiers-de-lisbonne-pris-d-assaut-par-les-francais-1152349">Source <&sol;a><&sol;p>&amp;NewLine;

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