The municipal council of Loulé has formally acquired 60 housing units for public rental in a €15.1 million investment backed largely by national recovery funds. The public deed was signed The post Loulé buys 60 homes for public housing in €15.1 million deal appeared first on Portugal Resident.

Update: Public deed signed and financing confirmed

The public deed has been signed, formalising the €15.1 million purchase, with the cost largely covered by national recovery funds to secure 60 units for public rental in Loulé.

Almost a month after storm 'Kristin', many families, like Filomena's in Souto da Carpalhosa, are still displaced and living in temporary accommodations. This situation has disrupted their plans to return to their homeland after decades abroad, highlighting the ongoing impact of the storm on local communities.

The Lisbon City Council has cancelled 40% of local accommodations due to inactivity, marking a significant move in the city's management of 'ghost' AL licenses. This week's highlights also include insights from César Araújo on the influx of Asian products into Europe, discussions on the PRR, and advancements in Quantum Computing. Other topics cover the unpredictability of European funds and TAP's potential role within the Air France/KLM group.

Gonçalo Lopes, the mayor of Leiria, discussed the extensive damage caused by Storm Kristin in a recent interview with CNN Portugal, highlighting the municipality's emergency response and recovery efforts over the past ten days.

João Guarda, a resident of Leiria, is facing severe flooding for the second time this week. He has resorted to using a log in an attempt to manage the rising water levels around his home, highlighting the ongoing challenges posed by extreme weather conditions in the area.

By 20:00 mainland Portugal had recorded 713 incidents linked to severe weather, concentrated in the North region and Lisbon and the Tagus Valley. A landslide in Porto Salvo put a home at risk and prompted authorities to rehouse one family in Oeiras; emergency services managed widespread calls and localised interventions. The figures underline pressure on local emergency capacity and highlight continued public-safety and accommodation challenges as adverse conditions persist.

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.

Depression Ingrid brought intense rainfall and flooding to parts of Portugal, causing at least one fatality and leaving two people injured when a car was swept away in Cadaval. The floods displaced 14 people in Peniche and prompted roughly 970 emergency incidents over 24 hours, placing substantial strain on local emergency services and raising broader public-safety concerns as authorities continue monitoring flood-prone areas.

Soaring housing costs are forcing households to share single properties, with extremes of up to six families under one roof, while many workers are taking on additional employment — including third jobs — to meet rent and mortgage bills. The situation points to a shortage of affordable accommodation, rising pressure on the local property market and public services, and wider impacts on health, education and the labour market.

In Lisbon, Vitória lives with her boyfriend and her daughter in a three-bedroom flat shared with another family — a mother who has two daughters. In Porto, Gabriela sleeps in the same room as her two 16-year-old daughters. There are increasing cases of families sharing homes.

Housing prices have risen to levels that many describe as obscene, driven by a mix of constrained local supply, strong demand, low borrowing costs and investor activity. The resulting price inflation has undermined affordability, altered living choices and intensified regional disparities in property markets. Policy responses and planning changes will be central to cool inflation and expand accommodation options in affected areas.

The Socialist Party (PS) will submit a bill titled “Coming Home” to Parliament proposing the creation of transitional residences aimed at reducing social institutionalisation. The policy seeks to shift care from large institutions to local, secure accommodation that supports reintegration, bridging healthcare and housing needs. Analytically, the measure could advance deinstitutionalisation and community-based care, but its success will depend on funding, local delivery capacity, regulatory safeguards and clear pathways to permanent housing.

Nuno Leal, co‑CEO of Doutor Finanças, says the tax measures in the government’s housing plan — due to be debated in Parliament on Friday — should help increase supply in the market. He concedes the package tends to favour property owners and landlords but considers it “relatively balanced”, noting the measures are centred on those who hold property while aiming to ease supply constraints. The assessment focuses on likely effects on rental supply and owner incentives rather than specific legislative detail.

The Government's housing plan, due for debate and a vote on Friday, is expected to pass after Chega signals it will abstain. Although Chega's final voting decision is not yet locked in, the party led by André Ventura intends to abstain so it can later table and negotiate amendments during the committee stage. The abstention effectively allows the bill to advance despite the Government lacking a clear majority, with potential implications for property costs, local housing policy and market regulation as the measure moves to detailed scrutiny.

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.