Latest news and stories about investment in property in Lisboa, Portugal for expats and residents.
Cultural investments via the golden visa scheme have surged, with 85% of total funding occurring in 2024 and 2025, primarily concentrated in the North and Greater Lisbon regions despite a lack of mandatory impact assessments.
The Oeiras City Council has approved a significant real estate development at the former Foundry site, which contradicts the foundational principles of New Oeiras.
Benfica members approved the “Benfica District” project at an extraordinary General Assembly, with 59.24% voting in favour. The development — a campaign pledge of re-elected president Rui Costa — aims to transform the area around the Estádio da Luz, increase stadium capacity and will have material implications for the club's revenue streams, the local property market and urban infrastructure planning.
The opposition praises the increase in investment in the municipal housing company, which has risen by 520% over the last four years. However, they point to the aid from the PRR and note that there are buildings lacking minimum safety standards.
The Banco de Portugal audit board stresses that the cost of the new building in Lisbon will “inevitably” exceed 192 million euros with the finishing works, and requests that the sale of empty buildings be accelerated.
ACA Real Estate, part of the ACA group, is exploring opportunities to build housing in Aveiro, Vila Nova de Gaia, and Lisbon at a rate of 300 homes annually. The company utilizes an operational model that allows for the construction of five buildings per year, each with at least 60 units, targeting the middle class. By acting as developer, designer, and contractor, the Famalicão-based firm claims it can eliminate cost and schedule overruns. Projects are funded by the parent company and capital from family offices. The expansion will focus on their 'Pousio' brand, which has already seen success in Porto and Guimarães. These projects, which include amenities like gyms and coworking spaces, represent an investment exceeding 200 million euros.
Filippo Macchi, the Italian entrepreneur behind the Nobile Group, is expanding his business portfolio in Portugal, spanning sectors from car rentals and hospitality to luxury dining. With a total investment plan of 77 million euros by 2027, the group aims to grow its Sicily by Car fleet, enter the boutique hotel market in Lisbon and Comporta, and launch a new luxury restaurant in the capital, despite concerns over real estate speculation.
Sérgio Runa, manager of SIL, highlights this year's event focus on new housing models
Portugal continues to attract interest from international investors, according to Diário Imobiliário.
João Cília, CEO of Porta da Frente Christie’s, warns that Portugal builds only 25,000 new homes annually against a need for 70,000, causing supply shortages across all segments, including luxury. High-end supply has dropped by nearly 25% since 2021, driving prices up by 8.5% last year. Growth in the luxury sector is hindered by a lack of available property in prime locations like Lisbon and Cascais, though expansion is occurring in areas near the Algarve's 'Golden Triangle' and the coast towards Sines. Despite geopolitical tensions, Cília remains optimistic for 2026, citing strong domestic demand supported by falling interest rates and continued interest from international investors, particularly from Brazil and the US.
Anidaport, a real estate company of the BBVA group, has sold a plot of land for a residential project in central Lisbon to the developer Vizta. Located on Rua Sarmento Beires, between Areeiro and Alto do Pina, the asset includes an architectural plan for a housing development with 7,921 square metres of gross area.
Benfica District is currently the most ambitious project in the history of the club from Luz and, according to Nuno Catarino, also the most attractive to international investors. The financial officer of Benfica SAD reveals, in this second part of his interview with ECO (read the first part of the interview here), that interest in the megaproject...
The construction project for one of Lisbon's first branded residences, featuring the Karl Lagerfeld brand, was approved this Wednesday during a Lisbon City Council meeting, as confirmed to ECO/ECO Avenida by Pedro Vicente, CEO of Overseas, the developer behind the project. The building is located at Rua Braancamp 48-48A and 50-50B, in the parish of Santo António.
Our guest today is Bobby O’Reilly, the straight-talking Irish investor-developer behind projects in Lisbon and the ‘Margem Sul’, who saw Ireland’s Celtic Tiger boom and bust first-hand and is now The post Fixing Portugal’s housing crisis – Interview with Bobby O’Reilly appeared first on Portugal Resident.
The price per square metre in Lisbon had already reached its highest value ever in the third quarter of 2025, at five thousand euros.
The architectural project for the Karl Lagerfeld Residencies Lisbon is expected to be approved at a council meeting on Wednesday. The development will be built on Rua Braancamp and involves the demolition of two buildings.
Home Invest Lisbon Now Europe's Top City for Millionaire Relocation — But What's Really Drawing Them In? Lisbon Now Europe's Top City for Millionaire Relocation — But What's Really Drawing Them In?
Home Property Latest insights into Lisbon’s prime property market Latest insights into Lisbon’s prime property market Lisbon’s property sector continues to distinguish itself as one of Portugal’s most robust and fast-moving markets, underpinned by strong international interest, ongoing urban rene
The government also indicates that Estamo will hold more public auctions by the end of the year.
Law firms Linklaters, Pérez-Llorca and Uría Menéndez advised on the sale of the luxury Penha Longa resort in Sintra to L Catterton, an investment vehicle backed by the French luxury group LVMH, which owns brands such as Louis Vuitton and Christian Dior, in partnership with Cedar Capital Partners.
The building on Avenida Visconde de Valmor was sold for 15.7 million, 2.7 million above the base value. The one on Rua Filipe Folque was sold for 5.2 million. There will be two more auctions this year.
The Penha Longa Resort in Sintra has been sold to the investment fund L Catterton, which is supported by the owners of Louis Vuitton. The purchase, for an undisclosed sum, The post Iconic Penha Longa Resort in Sintra sold to L Catterton appeared first on Portugal Resident.
The Penha Longa luxury resort in Sintra has been sold to L Catterton, an investment vehicle backed by the French luxury group LVMH, which owns brands such as Louis Vuitton and Christian Dior, in partnership with Cedar Capital Partners. The value of the deal for the asset was not disclosed.
