Latest news and stories about real estate in Lisboa, Portugal for expats and residents.
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.
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.
The Oeiras City Council has approved a significant real estate development at the former Foundry site, which contradicts the foundational principles of New Oeiras.
Reported house prices rose 16% year‑on‑year, but the data provided appears inconsistent: the body states prices reached €2,111 per square metre in Q3 last year, while the headline claims €5,000 per square metre in Lisbon. This likely reflects different measures or geographies (national average vs Lisbon city centre, asking vs transaction prices). Verify source breakdowns and timing; implications include tighter affordability, stronger expat/investor demand in Lisbon, and amplified regional divergence in the housing market.
Real estate developer AM48 is preparing to start construction on the Thomaz and Telles buildings, part of the 1965 Cidade Jardim development in Loures, with an investment of around 60 million euros. According to the company, 35% of the apartments have already been sold. The first building will feature 46 apartments, while the second will consist of 77 units, ranging from one to four bedrooms. Amenities include private parking with electric charging pre-installation, storage units, common areas, coworking spaces, a swimming pool, green spaces, and balconies or terraces. The overall 1965 Cidade Jardim project involves seven buildings and 400 apartments, with a total investment exceeding 140 million euros, and will include 7,000 square metres of retail and service space. The developer will ensure BREEAM certification. Plans also include planting over 400 trees and shrubs, creating two new playgrounds, a viewpoint, a sports field, and a kiosk area. Other developments mentioned include 150 million euro towers transforming Gaia by 2030 and Libertas launching a 'Portuguese construction' concept with a 70 million euro investment in Montijo.
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...
Maintaining that plan indefinitely – and stubbornly – would mean preserving an enclave inherited from an anachronistic urban order, which democracy itself recognised and has since updated.
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, ...
Socialists argue that vacant public buildings suitable for housing should be utilised and criticise the sale of state assets below market price.
It is the responsibility of political power to intervene in cases of non-compliance, rather than governing as if behind every company or citizen there were a potential scoundrel.
At issue is the alleged violation of urban planning rules and the failure to pay all due financial compensation. The municipality was allegedly defrauded of more than 220,000 euros, accuses Alexandra Leitão.
The Avenida Association has announced the appointment of Eric van Leuven, Executive Partner at Cushman & Wakefield, as its new president of the board. He succeeds Pedro Mendes Leal, associated with the Valverde Hotels. According to a statement from the association, Eric van Leuven was chosen to lead the entity, which represents over 150 members from the sectors of...
Construction of the new village is expected to start at the beginning of 2027, with work scheduled to be completed by the beginning of 2029.
The 29th edition of the Portugal Real Estate Fair showcases new initiatives and projects aimed at addressing the ongoing housing crisis.
Portuguese and foreign buyers who purchased homes in Portugal last year generally paid more per m2. If they did so in the municipalities of Lisbon and Porto, the trend was more pronounced compared to the national median value, and if they chose the parish of Santo António or Foz, respectively, they paid the highest amount...
The real estate company owned by the Benfica president faces several court complaints, specifically regarding the development in the Carnaxide hills.
At the centre of the case is Dream Living, a luxury development in the Carnaxide hills.
The acquisition was approved at the municipal assembly. The site includes a property intended for warehouse and industrial use.
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
It is important that Dr. Isaltino does not leave with a stain, knowing how to decide well in favour of sustainable and balanced urban planning in the Fundição case.
See the answer in the video. Polígrafo TVI (from the same group as CNN Portugal) is a fact-checking programme about current events.
An Imovirtual analysis of average housing prices between December 2025 and February 2026 reveals significant differences between Portuguese cities in both the rental and purchase markets. Cascais tops the list with an average rent of 2,400 euros per month and an average sale price of 1.35 million euros, making it the most expensive residential market in the country. Lisbon follows with an average rent of 1,800 euros and an average sale price of around 710,000 euros, though the capital saw a 2.7% drop in rents compared to the same period last year. The study highlights that while coastal and tourist areas face high demand and limited supply, inland cities like Bragança and Guarda remain more affordable. Sylvia Bozzo, marketing manager at Imovirtual, notes that while premium markets like Cascais remain strong, there is a growing geographic dispersion of demand as people seek alternatives outside the most pressured urban centres.
An organised group seized luxury villas whose owners were out of the country and sold them to other foreigners.
Among those arrested are solicitors who were instrumental in the document forgery scheme.
For the Oeiras Foundry, the demolition of almost all existing structures and the construction of new buildings, including one with 17 floors, is planned. Residents are concerned about the project's density.
Lisbon faces a paradox: while the city struggles with a housing shortage, thousands of properties remain vacant due to legal disputes, undivided inheritances, and slow eviction processes. New government proposals aim to accelerate evictions for non-payment and allow individual heirs to unlock the sale of inherited properties. These measures seek to remove legal barriers that have kept thousands of homes off the market for decades, ensuring existing housing stock can finally be utilised.
