Latest news and stories about affordable housing in property in Portugal for expats and residents.
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The institution is seeking private partners to renovate properties and generate revenue. Three of these are former shelters, which were palaces donated by the State. The PCP and the Left Bloc argue that they are being left at the mercy of real estate speculation.
The working group will be dissolved on 31 December 2030, unless an order determines the extension of its mission.
The Left Bloc wants to know why the city council was excluded from the SCML processes, which cover 30 properties, and is requesting partnerships for affordable housing.
Home Property Portugal’s Housing Challenge: Building the Homes the Country Needs Portugal’s Housing Challenge: Building the Homes the Country Needs Portugal’s housing market has reached a critical point.
On the site of an old factory in the parish of Campanhã, 124 affordable rental homes will be built for middle-class families, along with another 27 for sale on the free real estate market, in an 18 million euro investment by the Ageas Portugal group. This “Build to Rent” project is the result of a partnership between the insurer and ...
The proposal from the executive was unanimously approved in a Municipal Chamber meeting.
Residents are demonstrating for decent housing and are complaining about the lack of support.
Portugal is facing a significant housing crisis, necessitating a shift in perspective towards renting as a viable solution. Traditionally a nation of homeowners, Portugal must embrace a robust rental market to address the needs of those unable to purchase homes. The built-to-rent model, which focuses on long-term rental projects, alongside public-private partnerships, can enhance the supply of quality rental housing. However, any strategy must consider income levels and the need for affordable housing solutions for the middle class. A diverse rental market, supported by effective public policies, is essential for creating inclusive cities and a balanced housing market.
This week's 'Europa Viva' highlights the worsening crisis if the supply of new affordable housing is not increased.
On February 21, the Zero Association for Sustainable Land Systems called for the reoccupation of vacant buildings to create affordable housing under the National Building Renovation Plan (PNRE). They emphasized the need for clearer targets, social safeguards, and better coordination with existing national policies to ensure the plan meets its climate and social objectives. The association warned that without these measures, the plan could lead to negative outcomes such as rent increases and displacement of vulnerable tenants. They also highlighted the importance of transparency in financing and the need for mechanisms to support low-income households.
Home News IHRU affordable rental homes IHRU affordable rental homes The Portuguese Housing and Urban Rehabilitation Institute (IHRU) has opened applications for a lottery of 39 affordable rental homes in the municipalities of Almada, Amadora, Caldas da Rainha, Lisbon, Porto, and Vila Nova de Gaia
The European Commissioner for Housing will meet with ministers and mayors to discuss a plan he has just presented and to consider how to 'ensure it is implemented in a way that helps'.
“The idea is to use that area to provide affordable housing,” said the President of the Regional Government, who added that the decision on the building's future should take place after his term in office.
The amount is budgeted to provide guarantees for financing the construction and renovation of affordable homes and housing co-operatives. Over the past year there were no supports aimed at the sector.
The Development Bank will help municipal councils build 23,170 homes with an investment of €2.67 billion, Gonçalo Regalado, the chief executive of the Development Bank, told ECO. These were the applications already submitted for the support that will be granted under local housing strategies, one of the measures that the ...
Home News Portugal rental market expanded Portugal rental market expanded The rental market in Portugal has expanded rapidly over the past few years, driven by a growing need for affordable housing. However, profitability is not uniform across the country.
In Lisbon, the Socialist Party (PS) is proposing measures to oblige property developers to reserve space in new projects for public housing, aiming to increase the availability of affordable homes.
Home News Affordable housing coming to the Algarve Affordable housing coming to the Algarve The Vale da Pipa Residence is an affordable housing project in the municipality of Lagoa, in the Algarve, which can now proceed to the final phase of the subdivision approval process, following the signing
Home News Affordable rental properties in Porto Affordable rental properties in Porto Porto council has announced that applications for the municipal affordable housing program are permanently open, allowing interested parties to apply at any time to access housing with below-market rent.
Home News New Alentejo funding approval New Alentejo funding approval The European Commission has approved the reprogramming of the Alentejo 2030 Regional Programme, adding new priorities such as defence, water, affordable housing, and skills for decarbonisation.
Home Property Portugal’s housing challenge and the sustainable solutions shaping a new way forward Portugal’s housing challenge and the sustainable solutions shaping a new way forward Portugal’s housing shortage has become one of the most pressing social and economic issues of recent years, affec
On social media, the president of the Liberal Initiative, Mariana Leitão, set out her wishes for Christmas, highlighting two priorities. Also, André Ventura calls for an emphasis on Christian values at Christmastime.
Marina Gonçalves, former Housing Minister in António Costa's government, says the record rise in house prices seen between July and September is one of the effects of the AD (Democratic Alliance) government's housing policies. She argues that Luís Montenegro's administration and the Housing Minister should follow the course recently outlined by the European Commission, which last week presented the European Plan for Affordable Housing.
The European Commission presented the European Affordable Housing Plan on Tuesday, a response to the housing emergency that has arisen across the continent, reflected in a significant rise in house prices in most EU countries in recent years. With an annual investment of 150 billion euros during ...
