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Luxury homes, short lets and shacks: inside Lisbon’s housing crisis | Housing
Manuela Lopes dates her misfortune from the moment her Lisbon neighbourhood began attracting comparisons with Brooklyn. It was the mid 2010s: former warehouses in the old working-class parish of Marvila were giving way to co-working spaces, art galleries, artisan breweries, creative hubs and tech startups. In 2018, average property prices in the neighbourhood were up 79.8{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} on the previous year. A short walk from Lopes’ home, a 12-building luxury residential project designed by the world-famous architect Renzo Piano is now rising from Marvila’s old industrial waterfront. Prices for apartments, some with balconies overlooking the Tagus, range from €500,000 to €925,000 (£425,000 to £786,000) and many have been sold off-plan. Promotional…
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Let’s Talk Real Estate Investing [Free read]
It is fortunate to stay in a metropolis that is beloved by not only individuals born and raised right here, but also the huge influx of residents that move here. It is thrilling to live in this sort of a flourishing market for true estate, which is mostly impacted by the acceptance of buyers. Wilmington is a hotspot for people that wish to buy secondary homes – whether or not it’s for the reason of lengthy-time period/short-time period leasing, holiday vacation properties, and many others. We made the decision to interview the proprietor of Salt + Stone Assets Team, Jesse Canady, to get his response on the most frequently requested…