THE ADDRESS Magazine No.20 | Page 212

The city is starting to attract an important stream of foreign investment in its residential market, however. As foreign investors discover the value their money can buy in central Lisbon, prices are inching up and supply is diminishing. There is a shortage of new developments in prime areas and investors are snatching up luxury properties of cultural and historical importance. Historic yet modern, the city is following the same path that Barcelona and Berlin did in the 1990s. 218 Perched on the edge of the Atlantic Ocean, stretching along the northern bank of the Tagus River, Lisbon is a dynamic, fascinating city with an intriguing history and a cosmopolitan ambience. Its eclectic blend of neighbourhoods, culture and architecture make it one of the loveliest cities in Europe. It has an unpolished and seductive appearance, captivating in its effortless beauty. Lisbon retains details that have been lost in many cities, details such as tiled façades www.theaddressmagazine.com