First city in the world to import Guinness
Blending the traditional with the ultra modern
Most people know Lisbon as the city of seven hills, but we like to be different! Although not in the Guinness book of world records, history records from 1811 show that Lisbon was the first city in the world to import Guinness. Cheers! O’Gillins and Hennessy’s are one of the few pubs in Lisbon where you can drink a perfectly-poured pint of Guinness — continuing a tradition that is over 203 years old.
Back to the more traditional and informative stuff. Overlooking the River Tejo, Lisbon’s postcard-perfect panorama of cobbled alleyways, ancient ruins and white-domed cathedrals are a captivating scene which have been crafted over centuries. It is no wonder that Lisbon boasted the reputation of being one of the best places to visit in 2018.
The capital of Portugal is a real a high-tech hub and is the place to be to see some of the world’s best music concerts, entertainment and sport. With the inception of the Golden Visa in 2012 Lisbon quickly became the place investors flocked to to buy property – mainly for investment – to qualify for Golden Visa status. Due to this, Lisbon and its buildings underwent huge renovation and areas such as Baixa, Chiado, Cais Do Sodre, Santa Catarina, Principe Real and Graça are still experiencing major overhauls. As some of these beautiful buildings date back to the 16th century developers are keen to retain the original facade, pairing it with an ultra modern interior.
With the thousands of tourists from across the world visiting the city every day, the 6,000 plus properties that have been sold for the Golden Visa and even more for the NHR programme, Lisbon’s property market is a very buoyant one.
With net rental yields throughout the year of 5-6% the market is not only growing in appreciation it also offers secure returns. From an investment viewpoint Lisbon is definitely one of the most exciting places to invest in Europe at the moment.