Latest news and stories about affordable housing in daily life in Portugal for expats and residents.
Sonae Sierra and Solive have signed an agreement with the Porto City Council to build 331 affordable rental units in the Campanhã parish. The 'Cartes Living' project, expected to be completed by 2029, will be managed by the municipality under the 'Porto com Sentido' program, with the city acting as the landlord for up to 25 years.
The city of Portugal has distributed 105 keys to citizens as part of a strategic public housing recovery plan aimed at addressing affordability challenges.
Portugal is facing a significant housing crisis, necessitating a shift in perspective towards renting as a viable solution. Traditionally a nation of homeowners, Portugal must embrace a robust rental market to address the needs of those unable to purchase homes. The built-to-rent model, which focuses on long-term rental projects, alongside public-private partnerships, can enhance the supply of quality rental housing. However, any strategy must consider income levels and the need for affordable housing solutions for the middle class. A diverse rental market, supported by effective public policies, is essential for creating inclusive cities and a balanced housing market.
Several dioceses are already studying the possibility
The partnership will support Church factories in identifying and structuring economically sustainable housing projects, seeking to reconcile the practice of affordable or moderate rents.
Home News Portugal rental market expanded Portugal rental market expanded The rental market in Portugal has expanded rapidly over the past few years, driven by a growing need for affordable housing. However, profitability is not uniform across the country.
In Lisbon, the Socialist Party (PS) is proposing measures to oblige property developers to reserve space in new projects for public housing, aiming to increase the availability of affordable homes.
Home News Affordable housing coming to the Algarve Affordable housing coming to the Algarve The Vale da Pipa Residence is an affordable housing project in the municipality of Lagoa, in the Algarve, which can now proceed to the final phase of the subdivision approval process, following the signing
Home News Affordable rental properties in Porto Affordable rental properties in Porto Porto council has announced that applications for the municipal affordable housing program are permanently open, allowing interested parties to apply at any time to access housing with below-market rent.
The presidential candidate visited the Calhariz de Benfica University Residence and a building for affordable rental housing that is still under construction.
The difficulties in accessing affordable housing in major cities are prompting a reevaluation of how we live, leading to new housing models that focus on sharing and criteria such as flexibility, convenience, and lifestyle. In this context, more projects related to new concepts like Flexliving and Coliving are emerging. In this episode, we explore the potential role these models could play in the Portuguese market with the founder of the consultancy Our House. Listen to the podcast here...
