However, when it comes to the real estate market, the city is undergoing significant changes. Lisbon’s real estate market is dynamic, attractive to investors, and continues to rise in value. The housing market in Lisbon isn’t necessarily more expensive than in other cities, but the country has remarkably low income levels. Data from Numbeo reflects the significant changes that Lisbon’s real estate market has undergone over the past decade. Cocola-Grant explains that low interest rates and tax advantages attracted investors to Lisbon’s real estate market.