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.
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.
At the end of April, Estoril Sol warned the market that it would take another three weeks to publish its annual accounts. However, that was not enough. The company has indicated it will now take another month, and has also decided to stop operating the Póvoa de Varzim casino, which will be taken over by the French group Barrière.
The Iberian Peninsula has established itself as a top destination for retail investment in Europe, according to JLL data. Portugal and Spain recorded 1.384 billion euros in transactions during the first three months of 2026, outperforming markets like the UK and Germany. Portugal contributed 340 million euros to this total, driven by strong economic growth and tourism. Prime assets and the food retail sector, including major shopping centres like GaiaShopping and ArrábidaShopping, remain key drivers. Prime rents have reached record highs, with 155 euros per square metre in Lisbon's Chiado district, as investor demand for quality assets continues to grow.
The Israeli group Youropa will inaugurate a new office this Friday in Porto, in the Boavista area, which it presents as a reinforcement of the company's strategic commitment to the real estate market in the north of the country. Currently, the company has five of its own developments under construction or delivery, with a total sales value of 80 million.
Municipalities in Northern Portugal have seen their European funding under the Norte 2030 programme increase by 10%, with 200 million euros earmarked for housing policies, according to Álvaro Santos, president of the Northern Regional Coordination and Development Commission (CCDR-N). The funding boost is part of the 'Norte + Próximo' initiative, which involved signing contract addenda across eight intermunicipal entities. The total allocation for municipalities has risen to 1.4 billion euros. Additionally, Santos highlighted the need for municipalities to meet the 30 June deadline for revising their Municipal Master Plans (PDM) to avoid the suspension of urban development licensing.
Land for the construction of 130 housing units and two apartments are the real estate component for sale in the auction of Boavista's assets
The stadium and sports complex are being auctioned for a total base value of approximately 38 million euros.
Prime residential prices in Porto rose by 8.5% in 2025, the best performance among the Portuguese markets analysed by Knight Frank in The Wealth Report 2026, even ahead of Marbella in Spain. Quinta do Lago, in the Algarve, saw a 5.2% increase, while Lisbon grew by 2.7%. It is concluded that Portugal continued to attract international buyers. The real estate sector...
Real estate developer and asset manager Âncora Investments has announced a partnership with PMA – Paulo Merlini Architects to develop two large-scale residential projects in the Porto Metropolitan Area, located in Canelas (Vila Nova de Gaia) and Águas Santas (Maia). The initial investment is estimated at 180 million euros, with the potential to increase as the projects progress. The developments are expected to total over 80,000 m² of above-ground construction and approximately 650 homes aimed at the mid-market segment. Construction is scheduled to begin within the next 12 months and will be carried out in phases.
The Bessa Stadium, home to Boavista for 22 years, and its associated sports complex in Porto, will go to auction after April 27 for 38 million euros, as part of the insolvency proceedings of the 'axadrezados'.
