Latest news and stories about property market in government in Lisboa, Portugal for expats and residents.
The book '108 voices for housing', launched at the Lisbon Book Fair, features diverse perspectives aimed at elevating the national discourse on housing policy and market challenges.
The Portuguese state has sold two vacant buildings in central Lisbon for 20 million euros, a price point that likely precludes their original intended use for public housing.
This Wednesday features the ECO Festival's 10th-anniversary celebration, a parliamentary debate with the Prime Minister, the release of INE's April housing evaluation survey, and the publication of the financial stability report.
With only four months remaining until the European recovery fund deadline, the Minister of Infrastructure reports that 20,000 of the planned 26,000 houses have been completed under the Recovery and Resilience Plan.
Eight vacant government properties in Lisbon, recently sold or slated for auction, represent a missed opportunity to create approximately 450 public housing units.
The Casa para Viver platform is petitioning the President of Portugal to declare the housing crisis a national emergency, advocating for rent controls and eviction protections ahead of nationwide protests.
Cascais City Council has exercised its right of first refusal to buy 32 plots near Quinta da Marinha for €30 million, blocking a sale the owner had negotiated with two private firms. The council approved a loan to finance the acquisition, raising issues about use of public funds to secure strategic, high-value land in one of the municipality’s most expensive areas and the implications for local planning and market dynamics.
Portuguese local authorities have already cancelled 10,324 local accommodation (AL) registrations as part of a review of establishments deemed inactive, a process that has been ongoing since the end of last year, reports Diário de Notícias. Lisbon City Council was the first to act, ordering the cancellation of 6,765 of the approximately 19,000 units.
The 'Construir Portugal' (Build Portugal) strategy was presented as a structural response to the housing crisis. However, an economic and financial analysis of the approved incentives suggests a different conclusion: the programme is designed primarily to make medium-to-high-end real estate projects more profitable, particularly in the Lisbon Metropolitan Area. The main incentive provided is the application...
Where the pressure is at its peak, in Lisbon and Porto, where rent devours entire salaries and the tenant is the perfect portrait of the furious voter that theory imagined, no left-wing anger was born.
“It is very important to elevate the housing debate,” welcomed Patrícia Gonçalves Costa, who is also the author of one of the 108 texts, highlighting the “plural” and “informed” thinking of the book.
The Bank of Portugal has hired Sérvulo via direct award for specialised real estate services for a two-year period. The bank has properties in Lisbon to sell, and the audit board has already exerted pressure.
Everything is there; in Rato Square we see Portugal to its very core. We pass by and understand what our country is like: disorganised, poor, dirty, full of the superfluous and devoid of reforms. Rato Square is a showcase exposed to the four winds of what we claim not to be when we present ourselves to tourists...
“The complexity of the housing problem cannot be reduced to ideological bias; the problem must instead be approached from an inclusive perspective, in which different solutions are mixed and multiplied” - Excerpt from the article by the Mayor of Lisbon to be published in the book '108 Voices for Housing', coordinated by ISCTE, which Expresso previews.
Benfica is the first civil parish in the country to have a say in housing investment, which has already reached 77 million euros, with 290 homes proposed and a record execution time.
The government is selling old buildings that could provide 450 public housing units at nearly half the market price. It claims it will use the proceeds to buy properties, but at prices much higher than those it received from the sales. It would be a crime if the goal were to solve housing problems in the only European city where the average salary is not enough to rent a one-bedroom apartment. It is not, as the government's political track record on housing shows. But some private entities got a lucky break, while the rest of us are left holding the bag.
Lisbon City Council rejects responsibility for the delay in validating 93 applications for reconstruction support. Moedas assures that he was not aware of the situation and has already requested access to the CCDR platform.
PSD, CDS-PP, IL, Chega, PS and PCP approve a public consultation aimed at updating the regulations on the right to housing. The consultation will last 20 days, but BE and Livre have criticised the proposal.
At issue is a report from Público on Sunday, according to which the State sold properties below market value that could have provided hundreds of public homes.
Experts determined the minimum and maximum prices at which each property could be sold, and they were taken to auction at the higher value.
State properties recently sold at public auction exceeded the maximum value set by external appraisals 'by approximately 21.9% compared to the initial base value', the Ministry of Finance revealed in a statement. Público reported that the State sold properties below market price that could have housed hundreds of public homes. According to the newspaper, ...
According to Público, a total of eight properties in Lisbon left vacant after the Government consolidated into a single space, already sold or set to be auctioned later this year, could have housed approximately 450 public homes.
The Detailed Plan for the Eastern Slope of Olival Basto aims to organise territory with buildings in areas of steep slopes and geotechnical instability. A rental market has grown in many of these dwellings.
In April, the PS submitted a bill to parliament establishing a protection regime for public real estate assets suitable for housing.
The PS accused the Government of behaving like an 'inverted real estate agent' and wants to hear from minister Pinto Luz. The Ministry of Finance denies sales below market price.
The building is in an advanced state of decay, says the city councillor for Urban Planning. Opened in 1931 on Rua Domingos Sequeira, the former cinema closed permanently in 1985.
The Lisbon City Council is set to discuss the demolition of the former Cinema Paris in the Estrela parish this Friday, which is currently in an advanced state of decay, to build a new residential building with 19 apartments. The urban development project concerns an urban property with an area of 952.94 square metres, currently occupied by...
The PSD accused the PS of having exercised the right of first refusal only three times during 14 years of governing Lisbon City Council, without resulting in 'a single home'. Meanwhile, the executive led by Moedas used the mechanism in a project that plans to create housing in Praça José Fontana.
PSD, IL, CDS-PP, and Chega voted against the exercise of the legal right of first refusal in Lisbon advocated by the Socialists, asking 'where was the PS' during their 14 years of governing the municipality.
The Socialist Party (PS) in the Lisbon Municipal Assembly argued this Tuesday for greater use of the council's right of first refusal on properties that could be used for housing, in a recommendation rejected by the right-wing parties, who accused the Socialists of failing to do so when they were in government. During a meeting of the Lisbon Municipal Assembly (AML), Socialist Jorge Marques argued that...
