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Real estate sector: 2018 saw new companies “appearing like mushrooms”

Real estate sector: 2018 saw new companies “appearing like mushrooms”

With focus this week on trends and happenings through 2018, APEMIP – the association of real estate companies in Portugal – has described the sector as having new companies appearing like mushrooms.

In the 10 months between January 1 and October 31, a total of 1,492 new agencies opened their doors – an average of two a day.

Compared to figures for 2017, this year saw even more businesses start trading. In fact, the first 10 months registered more new companies opening than during the 12 months of 2017.

 

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