Latest news and stories about investment in property in Lisboa, Portugal for expats and residents.
The Sana hotel group, already owing over four million euros in rent for the Quartel da Graça concession, has formally requested a contract review citing a need for financial rebalancing.
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 event brings together experts and investors to debate the current investment landscape in the country.
Amadora City Council stated that 60% of the funding, approximately 31 million euros, was allocated to housing, allowing for the construction of 48 new homes in Cerrado da Mira and the renovation of nearly 1,500 residential units.
About 31 million were allocated to housing; more than 6.6 million in Local Integrated Operations in Mina de Água and Encosta do Sol; and the education sector received 6.9 million.
On the day of a motion of no confidence presented by Chega against the Government, Público headlines Portugal's public debt rating, noting that for the first time in over a decade, it is better than Spain's (89.7% versus 100.7%) according to a major rating agency. Fitch Ratings upgraded Portugal from 'A' to 'A+'. Negócios reports on Tax Authority instructions regarding the increased IMT tax rate for non-resident homebuyers. Jornal de Notícias highlights a criminal group that robbed banks using ride-hailing cars and food delivery uniforms to hide their identities, stealing over 900,000 euros, and notes the death of Nuno Cardoso, a mayor who left his mark on Porto. Correio da Manhã reports on a businessman who lost 22,000 euros at a Lisbon nightclub and is suing three women for fraud, while also covering the PISA results showing a historic decline in Portuguese student performance. Diário de Notícias features farmers' criticism of the Government over rising fuel costs and lack of support. Observador reports that Amancio Ortega's holding company has sold 91.7 million REN shares to Parpública. Eco reports that companies are demanding structural measures from the Government to cope with rising fuel prices threatening industrial margins.
Lisbon continues to stand out in the real estate market, with prime residential rents rising by 7.6% in the first half of 2026, the second-highest increase among the 30 cities analysed by the Savills World Cities Prime Residential Index. Sales prices also followed the trend, recording a 3.3% increase, driven by a shortage of supply in the city. The Portuguese capital, behind only Cape Town, demonstrates robust demand for prime properties, according to the study, resulting in a significant appreciation of rents. The report explains that international buyer demand remains high, but supply is limited, which has been a crucial factor in rising rents and is conditioning sales price growth. In June 2026, the average cost of a prime property in Lisbon was 14,600 euros per square metre, while the average rent was around 30 euros per square metre per month. By comparison, Lisbon has already surpassed Madrid, where a prime square metre costs 11,700 euros, but it is still far from Paris (19,000 euros) and Geneva (26,300 euros), the most expensive city in the European group analysed. The appreciation pattern is not limited to Lisbon, as other southern European cities also recorded increases in prime sales prices, with Madrid growing by 2.4%, Barcelona by 1.5%, Athens by 1.2% and Rome by 0.2%. These cities face demand that exceeds supply, thus sustaining values in a context of greater caution among global buyers. For the second half of 2026, the Savills report projects growth of between 2% and 3.9% for Lisbon, aligning it with cities such as Madrid, Barcelona, Singapore, Seoul and Kuala Lumpur. The combination of limited supply and international demand is expected to be the main driver of appreciation until the end of the year, positioning Lisbon among the best-performing prime residential markets in Europe. Real estate development is accelerating in Portugal, with supply rising by 22%.
The municipality has secured approximately 584 million euros in European funding, executed with 321 million euros of municipal investment.
Companies in Europe are accelerating real estate decisions to secure space in top-tier buildings as demand for high-quality offices continues to outpace supply. According to Cushman & Wakefield's European Office Update, Grade A offices accounted for 51% of leased space, with vacancy rates at a historic low of 3.3%. Prime rents rose by an average of 4.6% over the 12 months ending June 2026, with Lisbon seeing a 10.3% increase. Despite geopolitical uncertainty, investment volume reached €22 billion in the first half of 2026, as limited development pipelines and resilient demand continue to support the sector.
Alrio SA, owned by businessman Pedro Silveira, is developing the Rivart project in Lisbon and owes €35 million to Novo Banco.
The Portugal Real Estate Summit is set to return in under a fortnight, having already reached full capacity.
Público headlines the accident at the Glória Funicular, reporting that Carris has not opened any disciplinary proceedings. The company admits it may still do so, but there is a risk that potential infractions may already be time-barred. The front page photo features Messi's farewell to the Argentine national team. Correio da Manhã highlights that house rents rose by 2.56% in January, warning that rising inflation is penalising tenants. The photo feature covers Benfica's 2-1 victory over Estoril at the Luz stadium, marking Palhinha's debut. Jornal de Notícias reports that while there are more care homes and support for the elderly, they only reach one in ten people, as the rapid growth of the population aged 65 and over strains the sector's capacity. The photo shows Benfica's win. Jornal Económico notes that Portugal is in the top 10 for wind power, ranking seventh in new installed capacity with a 200 million euro investment and over two gigawatts planned by 2030. It also highlights TAP's losses increasing to 99 million euros amidst privatisation. Jornal de Negócios focuses on rising house prices, stating that housing will weigh even more on family budgets as variable-rate mortgage payments rise this month with no relief in sight from Euribor futures. The photo features Apple's new CEO, John Ternus, inheriting a four-trillion-dollar company and the challenge of AI. Diário de Notícias headlines the plan to replace the funicular involved in an accident that injured 16 people in Lisbon a year ago, with Carris expecting the new Glória Funicular to be operational by 2029. The front page photo covers the Strait of Hormuz, the centre of new military attacks between the US and Iran.
The Rivart project plans for two hundred new apartments in Alcântara, Lisbon, but at the end of 2024, the landowner, Alrio, stopped paying its loans to Novo Banco. The real estate company owned by Pedro Silveira, leader of the SIL group, has now reached an agreement with its largest creditor.
The Portuguese Insurance Association (APS) will hold the course 'The home as an asset: the monetisation of real estate' on 8 September, between 09:15 and 12:45, in Lisbon. This is the fourth training session in the study cycle 'Insurance and the time of life: Longevity, Savings and Health'. The course aims to...
The operation is expected to be worth around 40 million euros and involves the departure of the current president and main shareholder, Paulo Lopo.
CMS Portugal provided legal counsel to the real estate developer Solyd Property Developers regarding the acquisition of a land plot located in the Alta de Lisboa area.
Investment in the Portuguese hotel sector during the first half of the year exceeded the total recorded for the entire year of 2025.
Investment in the hotel sector during the first half of the year has already surpassed the total recorded for the entire year of 2025.
Investment in Portuguese hotels reached 508 million euros in the first half of 2026, a 54% increase compared to the same period in 2025, according to the Tourism Portugal Spotlight H1 2026 report by Savills Portugal. Three major deals—the acquisition of the Corinthia Lisbon, Penha Longa, and InterContinental Porto—accounted for 350 million euros, or 68% of the total. Over an 18-month period, the sector absorbed 1 billion euros across 19 transactions, with the UK, France, and Spain as the primary investors. Greater Lisbon led the geographic distribution with 312 million euros, followed by the North, Alentejo, and the Algarve. Experts highlight that the market is attracting institutional-scale products and remains highly credible for international investors, despite a slight shift in operational patterns.
The Portugal Real Estate Summit is scheduled to take place again on September 14 and 15.
The chief executive of Caixa Geral de Depósitos anticipates a decline in lending activity following the implementation of new regulatory requirements by the central bank.
Azambuja council has refused to endorse a proposed €2 billion data centre as a Project of Potential National Interest, warning that the vast development could not be handed a “blank The post Azambuja refuses ‘blank cheque’ for proposed €2 billion data centre appeared first on Portugal Resident.
The Benfica president appears in the Credit Responsibility Centre due to non-payment of loan instalments exceeding 20 million euros for a luxury development.
Invest 10, a real estate company owned by Rui Costa that defaulted on a loan of over 15 million euros with Banco Montepio, ended 2025 with profits but only 536.25 euros in cash. This indicates a balance sheet with little margin to absorb delays in the completion of the Dream Living project in Carnaxide, of which the president...
Rui Costa has been included in the Bank of Portugal's list of individuals restricted from certain financial activities.
