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February 2020

DESPITE THE UNCERTAIN SCENARIO LICENSING IS THE GREATEST OBSTACLE TO DEVELOPMENT

  • Prices remained positive, but lead to a slowdown in sales
  • For the next 3 months, prices are expected to stabilize
  • Developers perspective new projects and look for land opportunities
  • Lisbon, international demand and refurbishment loses market share
  • Legal instability grows, but licensing is still the main obstacle