In just one year, Engel & Völkers RESTELO almost duplicated the portfolio, extending the properties offer in one of the prime locations of Lisbon. The opening of this shop, just a year ago, was integrated in the brand expansion strategy in Portugal.
Located at Rua Duarte Pacheco Pereira, the main street of Restelo, the latest shop Engel & Völkers in the capital saw its property portfolio increase by 45% in the first year of activity. “The dedication and the commitment of professionals, combined with the quality and location of real estate, gives the shop features already recognized such as quality and good service, in combination with its extensive international network, ‘says Manuel Neto responsible for the company.
Currently, Engel & Völkers RESTELO provides you with a local portfolio of luxury properties composed of 45 properties. In this residential area, one of the noblest of Lisbon, the price average of a family villa with swimming-pool, can be around 4.500 euros per square meter.
The portfolio of Engel & Völkers RESTELO also includes rental properties, with average incomes of about 2,600 euros per month. Being a growing business area, the rental market is a strong focus for 2015.