Latest news and stories about social housing in finance in Portugal for expats and residents.
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The President of the European Investment Bank (EIB) expects the reinforcement to be approved in March so that these social housing units can be made available across the country as quickly as possible.
The European Investment Bank will provide an additional 1.5 billion euros to support the supply of social housing, the president of the EIB Group announced this Thursday. Nadia Calviño revealed, at the press conference presenting results in Portugal, that she expects to have a 'green light soon' from the board of directors later this month, which...
In addition to vacant units, Social Security is owed more than €33 million in unpaid rent on properties owned by public bodies and on homes assigned to the market-rent and social-rent schemes.
An IGF audit of the Institute of Financial Management’s property portfolio finds that Social Security is holding 854 empty homes while Portugal faces an unprecedented housing crisis. The report criticises inefficient asset management, poor utilisation and weak oversight of the Social Security housing stock, creating lost opportunities to relieve market pressure. The findings point to a need for clearer inventory, faster reallocation or disposal procedures, and greater transparency and coordination between agencies to convert idle public housing into usable supply.
Eight years after its launch, Portugal’s PRR-funded 1.º Direito programme has delivered 16,950 of the planned 26,000 homes. The vast majority were achieved through rehabilitation projects; only 1,568 units are newly built, underscoring a shortfall in new construction and a continued reliance on refurbishment to meet social-housing objectives.
