Latest news and stories about real estate in Lisboa, Portugal for expats and residents.
The Cascais City Council is challenging a Public Prosecutor's order to halt the Hilton hotel project, amid revelations that nine of the thirty-seven disputed properties have already been sold, highlighting a significant disparity between the land's sale price and current market values.
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.
Protests for the right to housing return this Saturday. Thousands of protesters are gathering in Rossio, in Lisbon, and in Praça D. João I, in Porto.
On Halloween, a “terror tent” was set up with ghosts representing “Fascism” and “Salazar”. Protesters created a “speculation snake” that wound through the crowd, chasing and “eating” houses.
Historian Raquel Varela criticises the influence of real estate funds and investors on house prices and argues that people should be able to participate in decisions regarding housing.
Protesters are preparing an artistic installation at Rossio, in Lisbon, ahead of the arrival of the housing march. Journalist Daniela Rodrigues shows how the symbolic protest works.
The central bank declines to pledge its empty real estate assets towards affordable housing initiatives.
The Belém Palace hosted “academics, tenants' and landlords' associations, representatives from the construction and public works sector, real estate developers and investors, as well as professional bodies in the field, public housing associations, and representatives of local government,” according to a note from the Presidency.
The hospitality company plans to significantly increase its presence in the Portuguese market over the next four years.
According to Carlos Moedas' current executive, the agreement reached with SGAL “allows for the resolution of a contractual dispute lasting decades.”
Protesters for the right to housing remain on the streets. In Lisbon, it was decided to set up tents for the protest scheduled for Tuesday in front of the Assembly of the Republic. In Porto, the protest location moved from D. João I square to the City Hall.
Sunday morning was marked by two police charges in Porto and Lisbon, resulting in dozens of injuries according to protest organizers, with lower numbers reported by the police. During the afternoon, protesters decided to return this Monday.
Thousands of people of all ages occupied Avenida da Liberdade in Lisbon this afternoon, in a protest led by a banner calling for a general strike on housing.
Thousands of people marched down Avenida da Liberdade in Lisbon in a demonstration for the right to housing.
Thousands of people took to Avenida da Liberdade in Lisbon this afternoon and headed to Rossio, in a protest led by a banner calling for a general strike for housing.
Despite a slight slowdown in growth, housing prices in Portugal continue to rise. Lisbon reports the highest transaction values, followed by Cascais, municipalities where the price per square metre is above 5,000 euros. In some civil parishes of the capital, the median price exceeds 6,000 and 7,000 euros, values that continue...
The parties today most committed to transforming the housing crisis into an indictment of the present had the opportunity to stop it in the past; instead, they gave up.
Of the 31,792 homes completed under the Recovery and Resilience Plan, only about 12,000 correspond to new homes on the market, or 37.74% of the total, according to data from the Institute for Housing and Urban Rehabilitation (IHRU) for August. More than half of the housing solutions (53.4%) are concentrated in Lisbon.
Property market data indicates an increase in house prices regardless of the decrease in the number of units sold.
In Porto, the gathering approved at a popular assembly begins at 16:00, at Praça da Batalha. The Marquês de Pombal roundabout hosts the Lisbon protest, which is expected to reach Rossio by 19:00.
Partnership with Decathlon guarantees access to next-generation tents.
The President of the Republic appealed this Monday, October 19, for a broad agreement between the PSD/CDS-PP Government and opposition parties to adopt urgent and lasting housing measures with the contribution of all. António José Seguro stated that since there is a housing problem in the country, it needs to be resolved through cooperation. Speaking after the presentation of a book by Fátima Campos Ferreira, he emphasized the need for a consensus on both immediate and long-term policies to address rising rents and house prices, which are affecting students and workers. The report also lists various housing-related developments, including mortgage trends, parliamentary debates, and ongoing protests in Lisbon and Porto.
