Article · MATTERS No. 3
The data confirms market pressure
Lisbon and Setúbal show a persistent imbalance between supply and demand.
Recent changes in supply and demand reinforce the importance of location and residential product fit.
The source document shows a clear imbalance between available supply and demand in the most relevant locations for qualified residential property.
In Lisbon, supply fell by 37%, while demand increased by 14%. In Setúbal, supply grew by only 1%, while demand rose by 43%.
These indicators do not mean that every project will be absorbed by the market. They point instead to a demanding reality: demand remains active while available supply is limited.
In a more selective market, this imbalance strengthens the value of well-positioned projects with appropriate siting, urban quality and a long-term vision.