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All Market News: Spanish Real Estate Intelligence

Different Responses to Covid-19 Rearrange Top European Flight Destinations
8 July 2020 Lisbon topped the ranking of European cities with the most flight bookings, according to a new report by the World Travel and Tourism Council (WTTC) and ForwardKeys. Lisbon rose from 9th place in 2019, at a time when London, Paris and Rome took the top three. The Covid-19 pandemic and the ensuing lockdown radically rearranged the list. While Lisbon topped the list, Paris and Amsterdam followed, with Athens and Rome in 4th and 5th place respectively. Madrid (6th), Frankfurt (7th) and Vienna (8th) were also on the list, and Barcelona fell from 5th to 9th place among Europe's most sought-after cities. London (thanks, Boris) fell to the bottom of the list. Original Story: Vida Imobiliária - Ana Tavares Translation/Summary: Richard D. Turner
 
Affordable Housing Programme in Lisbon Finalizes Applications
8 July 2020 The first phase of applications for Lisbon’s affordable housing programme, which began on May 18 and ended last week, received 177 applications from property owners interested in renting their properties. According to the city council, owners have registered a total of 338 properties, 45 were previously used as short-term lets. The 338 properties came from 188 different owners. The majority of the homes (72) are two-bedroom flats, along with 42 one-bedroom units and 36 three-bedroom homes. There are also 15 studios, 11 4-bedroom flats and one 5-bedroom apartment. The average rental price, which will be charged to the city council, is 723 euros. Original Story: Economia Online - Rita Neto Translation/Summary: Richard D. Turner
 
Eurozone Housing Prices Rose by 5% in 1Q20
9 July 2020 Eurostat, the European statistics agency, reported that, during the first quarter of this year, housing prices in the eurozone suffered the most substantial year-on-year increase since 2007. Portugal itself saw the largest quarterly rise of all. Housing prices in the eurozone rose by 5% y-o-y, while prices in the European Union increased by 5.5%. Original Story: Sapo 24 Photo: Pedro Soares Botelho / Madremedia Translation/Summary: Richard D. Turner