25 properties are foreclosed due failure of payment

17/4/2012 in Económico

Around 2,300 properties were delivered as a kind of payment by families and property developers between January and March.

The estimate of the Professionals and Real Estate Companies of Portugal Association, led by Luis Lima, indicate that the metropolitan areas of Lisbon and Porto concentrate 39.4% of the total number of properties delivered as payment in the first quarter. In 2011, a total of around 6,900 properties were foreclosed.



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