New Residential Construction Soars

31 May 2019Richard D. K. Turner

According to data published by the Association of Civil Construction and Public Works Industries (AICCOPN) showed that 5,887 new residential developments were licensed in the first quarter of 2019, an increase of 27.9% year-on-year.

In Lisbon alone, the number of new licensed builds, in the 12 months up to March 2019, reached 4,305, up 35.4% compared to the year before (3,180). Flats with three or more bedrooms accounted for 68.4% of the total.

Original Story: Idealista