Latest news and stories about investment in property in Porto, Portugal for expats and residents.
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.
Three prominent businesswomen in the luxury sector discuss how reducing tax burdens and improving professional training are essential for industry growth, while also highlighting the strategic importance of new infrastructure like airports.
The office market in Porto is experiencing high demand, with one-third of the 98,600 square metres currently under construction already reserved.
To help solve the housing problem, the Porto Business School has created a new research centre applied to the real estate sector. We analyse the main conclusions with the centre's director, Bento Aires.
The historic Garagem Atlântico in Porto will be reborn in 2028 as a creative and cultural space, following an investment of over 10 million euros from foreign investors who have committed to a facility that combines culture, art, design, entrepreneurship, shops, food, and drink. With a full opening scheduled for 2028, the space in the Batalha area will also feature...
The total value of the properties amounted to 32.9 million euros, a figure surpassed by the offer following an auction where the highest bid failed to reach the minimum threshold.
The downtown area of Porto is about to receive a new residential building, featuring eight apartments and a commercial unit on Rua Sá da Bandeira, in what was once a bank headquarters in the 1960s. The project is being developed by Royal Ventures, which has invested over eight million euros.
It is the typical arrogance and presumption that Porto can be 'managed' from the top down from an office, by politicians and bureaucrats who believe they know how others should live.
The measure, published in the Diário da República, applies to 'all urban development operations intended for housing construction'. The municipality is waiving revenue to 'reduce costs for families'.
Starting this Friday, Penafiel is the first municipality in the country to set the Municipal Urbanisation Fee (TMU) at the symbolic value of one euro for all urban development operations involving housing construction, the local authority announced. The measure aims to reduce the costs for those building their own homes and to encourage...
The Ministry of Economy assures that the construction obtained a favourable opinion from the various entities involved. The investment, led by SCOF II Investments, is around 3.2 million euros.
The Ministry of Economy has approved the construction of a 4-star rural hotel at Quinta Solar da Pousada in Amarante, located within the National Agricultural Reserve (RAN), citing 'relevant public interest'. The project, proposed by Scof II Investments, involves converting 14,733 square metres of protected land to non-agricultural use. The development, valued at approximately 3.2 million euros, aims to create five new jobs by restoring existing buildings and infrastructure while maintaining the property's agricultural character, including its vineyard and olive grove.
The Baião City Council, in the Porto district, has acquired the Frende neighbourhood, which has been abandoned for three decades, and will rehabilitate it to boost housing supply in the municipality as part of the 2027-2032 Local Housing Strategy. The acquisition, costing 150,000 euros, brings a set of properties into the public sphere to provide several homes, even if fewer than the 16 existing, dilapidated, and small units. Mayor Ana Raquel Azevedo (PSD) also noted that the recovery of the Cine-Alvorada, a well-known cinema built by the same person who developed the neighbourhood, is under consideration. The municipality is currently addressing the needs of 326 families eligible for the 'Primeiro Direito' programme, with a long-term goal of completing the housing strategy by 2032, representing an investment of approximately 47 million euros.
The Póvoa de Varzim casino has been speaking French since the beginning of May, and the international group that won the concession has 'long-term' plans for Portugal. The French group Barrière, which won the contract to operate the Póvoa casino, is developing a modernisation plan for the centenary neoclassical building – curiously, influenced by...
The hotel chain CoolRooms is entering the Portuguese market with a new luxury property in Porto and has announced plans for a future development in Lisbon.
The public auction of the buildings is expected to generate at least 2.2 million euros for the municipality and does not yet have a date.
Grupo Rio, a real estate developer from the north of Portugal, is developing three tourism projects with an investment exceeding 40 million euros. CEO Nuno Afonso announced the construction of a 30-million-euro, 5-star hotel in Leça da Palmeira focused on longevity and wellness, alongside a 10-million-euro boutique hotel project in Monção and an eco-friendly development in Seixas. The group, which is celebrating its 25th anniversary, also maintains a strong residential portfolio in the North, with 21 projects totaling 5,000 units, including new developments in Porto, Matosinhos, and Maia aimed at young adults and investors.
Grupo Rio, a real estate developer from the north of Portugal, is developing three tourism projects with an investment exceeding 40 million euros. CEO Nuno Afonso announced the construction of a 30-million-euro, 5-star hotel in Leça da Palmeira focused on longevity and wellness, alongside a 10-million-euro boutique hotel project in Monção and an eco-friendly development in Seixas. The group, which is celebrating its 25th anniversary, also maintains a strong residential portfolio in the North, with 21 projects totaling 5,000 units, including new developments in Porto, Matosinhos, and Maia aimed at young adults and investors.
Go Porto has granted five stall licences at the Bolhão Market. An exterior shop on Rua de Sá da Bandeira was awarded for 1,940 euros per month.
Antas da Cunha Ecija advised Âncora Investments on the acquisition of a real estate company holding a portfolio of properties located in Canelas, Vila Nova de Gaia, currently under development. These properties comprise approximately 49,000 square metres of approved above-ground construction area, the gross value of which is estimated to...
A 25% stake in a water concession, currently held by Japanese investors, is being offered in an online auction with a starting price of 27,000 euros.
The conversion of Galp's former refinery in Matosinhos into an innovation hub is estimated to have a €65 billion economic impact and create 100,000 jobs, the company announced on Thursday, July 2. The project, dubbed the 'Innovation District', aims to become one of Europe's largest urban regeneration schemes, featuring housing for 19,000 residents, space for 30,000 university students, and an integrated ecosystem for research and business. A PwC study projects significant growth in GDP, value-added output, and exports over a 30-year period, while emphasizing the importance of sustainable mobility and infrastructure development for the region.
The project for the redevelopment of the industrial area decommissioned by Galp combines housing, higher education, and leisure, aiming to attract high-value-added sectors to an innovation district in Matosinhos.
Galp has requested a study to estimate the economic and territorial impact of the 'innovation zone' it intends to create at the former industrial complex, which is currently being dismantled.
Quadrantis Capital, led by João Koehler, in partnership with the MCaetano group, have purchased Exponor from Insula Capital for 40 million euros, according to a statement released today.
Francisco Bastos only set up the Arcádia pastry factory in São Caetano, Gaia, after receiving a guarantee from Infraestruturas de Portugal (IP) that the Porto–Lisbon high-speed rail line would not affect the facility, which supplies nearly fifty stores across the country. Today, he manages the business in a state of alarm due to the imminent threat of...
House prices will continue to rise, but a 10% drop in transactions is expected in 2026, predicts Joana Resende, founder of Century 21 Arquitectos. The forecast is based on the persistent imbalance in the Portuguese real estate market, where demand remains strong despite a lack of supply. While there are signs of a slowdown—with the absorption period for new builds increasing from two to five months—inflationary pressure remains acute in urban areas around Porto, particularly in Gondomar, where average house prices have soared by 144% over the last decade. Developers are increasingly looking to the outskirts of the Porto Metropolitan Area, attracting both national and foreign investment, notably from Israel and India. Century 21 Arquitectos reported four million euros in revenue last year and expects 20% growth for the current year, with plans to expand further in northern Portugal by 2027.
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.
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.
