By 2018-10-03 InReal Estate

Lisbon property fair expected to set new record

Portugal’s most important property fair Salão Imobiliária de Lisboa SIL begins today (Wednesday) with double the space area on 2017.

Now in its 21st edition, the five-day event, which runs until Sunday, October 7, is the meeting point for overseas property investors and developers interested in doing business in Portugal.

Speaking to Essential Business, Sandra Fragoso, event manager, said this year’s fair has doubled in size due to the demand of a booming real estate industry in Portugal – “we will have the ‘Pessoa’ and ‘Camões’ pavilions when last year we just had one.”

At SIL, visitors and investors will be able to “find their ideal home or office while investors, both Portuguese and from overseas, will get the perfect opportunity to network, make contacts and do business deals”.

Local banks will also attend the fair offering the best conditions for credit while service suppliers linked to the sector will also be in evidence.

The event will reflect the “positive development of the sector” both in terms of internal and foreign investment, which is why the fair has attracted ever increasing annual numbers.

In 2017, there were a record 62,639 visitors compared to 50,000 in 2016, while there were 330 exhibitors in 2017 against 300 in 2016.

“We expect that this edition will attract around 65,000 visitors and we have signed up 350 companies, breaking another record for SIL,” she added.

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