Latest news and stories about property market in Porto, Portugal for expats and residents.
An analytical overview of the property market in Porto, highlighting its leading position in local accommodation density.
Portugal is set to launch a new Economic and Business District, a strategic urban development project aimed at stimulating the commercial property market and fostering long-term job creation.
Matosinhos municipality is facilitating the construction of 140 affordable rental units by granting land for 90 years, providing financial aid, and streamlining the approval process for housing cooperatives.
The office market in Porto is experiencing high demand, with one-third of the 98,600 square metres currently under construction already reserved.
The 2.7 million instalment from Invesurb has been postponed, with votes against from Livre, CDU, and BE, who argue that the 16-year contract does not serve the city of Porto. The land subdivision project is not yet complete.
Citizen groups are contesting the construction of several buildings located on Avenida da Boavista
The acquisition of the assets received 27 bids in the online auction that ended late this Tuesday afternoon and attracted several investors linked to sports and real estate. The club has an accumulated debt of over €150 million.
Porto City Council members approved the seventh amendment to the contract for the Bairro do Aleixo land. 16 years later, Pedro Duarte wants an end to the stalemate, but the opposition presents criticisms.
The Mayor of Porto, Pedro Duarte, described the Emporium Park development this Tuesday as a “monstrous aberration”. The project, which is being built next to the City Park, has been partially halted by the local authority. “I am not going to be lenient. I truly think it is a monstrous aberration. I have no other way to describe that building,” he stated.
The municipality imposed a partial embargo on the Emporium Park construction project but claims it cannot find legal means to stop it. The Public Prosecutor's Office is investigating. The revision of the Municipal Master Plan (PDM) may safeguard against future cases.
The proposal will be under public consultation until June 29th
At stake are 44 homes, seven economic activities, and three buildings of other categories in Campanhã, as well as 43 homes and 37 businesses in Gaia.
In Porto, there are streets where the movement never stops — but the residents have disappeared. Rua do Almada is the most evident example of a city where tourism and local accommodation dominate: it concentrates more local accommodation registrations than any other street in the city.
Following the establishment of their operations in Porto, Israeli investors are broadening their real estate ventures across Portugal.
Following the establishment of their operations in Porto, Israeli investors are broadening their real estate ventures across Portugal.
An investor bought all the houses in the neighbourhood and the lease agreements end next month. Residents say they have nowhere to go and accuse the City Council of failing to protect the neighbourhood.
Some residents are on a waiting list for public housing, but there is no immediate solution
Ten families in Vila Nova de Gaia are at risk of becoming homeless between this month and the next.
The news regarding the hiring of the former Porto City Councillor for Urban Planning to the board of a real estate company draws attention once again to a recurring problem in local government. Opinion piece by Hélder Sousa.
The acquisition of 13 terraced houses and the subsequent non-renewal of lease agreements leave tenants in the Cedro area without alternatives.
13 houses on the same street were purchased by a company from Torre de Moncorvo. As the area is designated for Urban Rehabilitation, the local authority had priority in the 1.2 million euro deal.
The local authority ordered a partial embargo on the project, suspending work. Despite this, construction continues without restrictions.
The developer of the project on Avenida da Boavista and the municipality guarantee that the irregularities pointed out in the lawsuit are distorted facts.
Third part of the Investigação CM report from May 28, 2025, on CMTV.
First part of the Investigação CM from May 28, 2025, on CMTV.
Second part of the Investigação CM from May 28, 2025, on CMTV.
The local authority ordered a partial embargo on the project, suspending work. Despite this, construction continues without restrictions.
Roughly 1000 property owners in Matoshinhos have had a rates shock this year that has left them utterly dumbfounded. Imagine having regularly paid €218 IMI (municipal property tax) on an The post Rates shock in Matosinhos: property owners hit with 900% increases appeared first on Portugal Resident.
The owners of the targeted establishments reportedly failed to submit data regarding their civil liability insurance, the municipality explains. More than half of the accommodations subject to cancellation are located in the city's historic centre.
