Real estate investment in the Lisbon Urban Rehabilitation Area (ARU) totalled €3.744 billion in 2020, based on sales of 8,706 properties at an average price of €431,400 per transaction. According to Confidencial Imobiliário (CI), the figures represent a drop of 30% in the total invested and 21% in the number of properties sold year-on-year. At the same time, the average ticket per transaction fell by 12%. The data includes sales of every type of real estate, including houses, flats, shops, offices, land and services.
According to the IC, a total of €5.32 billion was invested in 10,958 properties in the Lisbon ARU in 2020, equal to an average transaction of €487,700 per sale. The total for 2020 was only higher than that last seen in 2016, which saw €3.323 billion in sales. 2020 was also the least dynamic year since 2016,
Investment in 2020 went, in large part, to the parish of Santo António (€522 million), followed by Avenidas Novas (€400 million), Arroios (€356 million), Santa Maria Maior (€340 million), Estrela (€307 million) and Misericórdia (€235 million). Investment in the remaining parishes held below €180 million, with the region posting the lowest investment receiving just €29 million.
The Lisbon Urban Rehabilitation Area covers practically the city’s entire territory, excluding some areas such as Parque das Nações, Laranjeiras and Alta de Lisboa. As a result, the analysis by Confidencial Imobiliário covered every parish in the city, excluding Parque das Nações, Lumiar and Santa Clara.