I love how these guys say 'we' like when you are in a different country you never forget yours you actually try learn more about it but he's so nice when someone feels so welcome they can say 'we' I've been in the U. K. for 9 years and haven't been able to say that. Never forgetting where I'm from (Amote Portugal!!) I would like to feel welcome and appreciated in the country I'm in
Despite agreeing that Portugal presents great value and oportunity in terms of investment, one should thread carefully. Portugals main atraction comes from its "soul" and what i mean by that is the authenticity, tradition and values that the Portuguese nourish and are proud of. I grew up in Lisbon and since the 2010's i've seen the city soul getting striped out of its essence, entire neighbourhoods are being converted to Airbnb's where previously people used to live. What will happen when there are no locals living in the city anymore? The same reason that atracted visitiors will also be the decline of the city.
As you state a lot of investment came into Lisbon since 2010 and has regenerated a lot of previously run down neighbourhoods. Martinhal also converted apartments which were previously a bank distressed asset into a 5 start aparthotel. The investment Lisbon has seen has increased the visitors and is now seen as a popular destination for weekend breaks which in turn has brought jobs and revenue to the city. In Martinhal Residences we have allocated floors of apartments for touristic exploration and also floors for people to live and enjoy the facilities of a 5 star condominium. Our biggest nationality of buyers in Martinhal Residences is the Portuguese.
@@MartinhalResort Don't get me wrong, i love how vibrant this boom in Portugal has been, i myself started a tour business and waiting for the covid pandemic to pass so i can restart. The issue that i brought up, was not because bank owned buildings. That high end sector of real estate is not the problem. The problem is the small apartments in old neighbourhoods in Lisbon (alfama or bairro alto for instance) where landlords want locals out of their houses, so they can too be a part of this airbnb culture. Culture and authenticity is what atracts tourists to Lisbon. What will happen when Lisbon gets stripped out of this environment? I'm just thinking on the long run, the goverment should be regarding this with an open eye. Plus, this boom made the prices of housing skyrocket. For foreigners the prices may seem normal, but not for the locals which can't afford housing with the current wages. Even in the peripheral zones of Lisbon the housing prices went up. Afterall, im positive too about business, Portugal as a lot of unspoiled potencial and im positive about the post pandemic, but we can't forget about the locals who struggle each time more and more facing the issues the tourism booming brought up.
