Latest news and stories about right of first refusal in Portugal for expats and residents.
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The deal followed the taking out of a loan and the filing of a precautionary injunction after the landowners are said not to have respected the municipality's right of first refusal.
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.
