Latest news and stories about property market in Setúbal, Portugal for expats and residents.
Azul Empírico, a subsidiary of the Davidson Kempner fund, has proposed a significant investment of 203 million euros to acquire the agricultural company Herdade da Comporta, indicating a strong interest in the agricultural and real estate market in the region.
Mayor Inês de Medeiros has stated that it will not be possible to return to housing in the most critical areas of the municipality, specifically in Porto Brandão and Azinhaga dos Formozinhos, located in the district of Setúbal.
Investigative piece on the collapse of consumer protections in Palmela where more than 120 families — including expat buyers — lost everything after developers repeatedly sold the same house, in some cases up to four times. The report highlights systemic failures: an apparently unpunished builder, gaps in property and consumer law, and a market environment that erodes buyer confidence. It argues for urgent legal reform to protect purchasers and prevent further families being defrauded.
Home Property Grounded Luxury in the Pines Grounded Luxury in the Pines 1st May, Sublime Sand is opening its doors in Comporta.
The Libertas group is launching Modjo Riverside, a 217-apartment private condominium in Montijo, featuring a strategy focused on high national incorporation of products and services. CEO Pascal Gonçalves states that 80% of the project's labour, materials, and architecture will be sourced locally to support the national economy. The development, which includes T0 to T3 units, aims to provide accessible housing with prices starting at 240,000 euros for a one-bedroom apartment, with construction scheduled to finish by the end of 2028.
The mayor of Sines warned this Wednesday that the local population is “extremely apprehensive” regarding the 20 billion euros in private investment planned for the municipality, which includes projects such as the large Start Campus data centre and the CALB battery factory. Álvaro Beijinha, from the CDU, ...
The Seixal City Council announces its renewed participation in the Portugal Real Estate Exhibition.
Quinta da Comporta, a luxury resort in Carvalhal, was sold for 70 million euros. The buyer is the French group Experimental Group, which also recently acquired the iconic Hotel Infante Sagres in Porto. Quinta da Comporta opened in May 2019 and has become one of the most well-known venues in the region.
The court of first instance ruled in favour of REMAX in a case regarding a report on a major property fraud scheme in Palmela. The media group has already filed an appeal with the Court of Appeal, citing a violation of the right to inform.
The Minister of Economy argued this Wednesday that illegal houses should be legalised provided they meet the necessary criteria, such as the land being eligible for urban development by administrative decision and meeting the minimum habitability conditions required by law. Minister Manuel Castro Almeida was speaking at the parliamentary committee for State Reform.
The Mayor of Almada felt that the municipality was sidelined despite having the highest number of displaced people due to the effects of the storms. Regarding national politics, she criticises the “neoliberal policy” followed by the Government in public services and proposes a solution: tax policy must be used to penalise those who attack public services.
A fire is consuming a hotel complex in Troia that was still under construction. As reported by CM, the development is 'Na Praia', a project by Sandra Ortega, the heiress to the Zara empire.
The measures that limit new constructions and land alterations in the area of the future Lisbon airport in Alcochete will come into effect this Saturday, aiming to prevent changes that could compromise or increase the cost of the project.
The subsidence in Costa da Caparica occurred during the early hours of the morning.
Soil movements and the risk of cliff collapse forced the evacuation of residents. The local authority says some may not return.
For the third day, residents of Azinhaga dos Formozinhos are making pilgrimages to their homes to rescue belongings before the land slides. About 500 people have been displaced in Porto Brandão.
The risk of landslides from the cliff continues in Porto Brandão, Almada. There are destroyed houses and residents who may not be able to return. The mayor is requesting the government to declare a state of emergency.
In São João da Caparica, a landslide led to the evacuation of residents. However, the situation does not end here, and now: “Today we would not have allowed construction there,” says Inês de Medeiros.
CMS, PLMJ and VdA advised on the sale and financing of Quinta da Comporta. CMS Portugal advised the owners on the sale of the Quinta da Comporta hotel to Experimental Group, a French hotel group that owns boutique hotels, bars and restaurants in Paris, London, Venice, Ibiza, Menorca, Biarritz, Verbier and the Cotswolds (in the United Kingdom). The team ...
A couple with four minor children say they had already contacted the town council when one of the walls of the house collapsed.
Home News Calls for changing location of new Lisbon Airport Calls for changing location of new Lisbon Airport Some residents' associations and parish councils have proposed to ANA that the micro-location of the future airport in Alcochete be adjusted, while maintaining the strategic decision to r
CMS Portugal advised Grupo Pestana on the marketing of the Pestana Comporta development. The legal support provided covered the marketing phase, ensuring the legal structuring of the transaction and the project's compliance with the legal framework applicable to tourism and real-estate developments. The team involved in the operation was led by the coordinating partner ...
The town of Sines will see housing developments worth €100 million, driven by the arrival of large-scale investments in the area.
A developer of residential complexes in Palmela sold the same houses to multiple buyers.
The Government approved on Friday precautionary measures to prevent the construction of urban development projects in the area designated for the future Luís de Camões Airport, at the Alcochete firing range. “Today we took a decisive step to ensure there are no disruptions to the construction work, with the approval of precautionary measures over the territory that ...”
A developer of residential complexes in Palmela sold the same homes to multiple buyers.
A dormant company, acquired by a lawyer connected to creditors of Importantaltura, emerges as a vehicle for a €25 million deal in the heart of Setúbal.
The western area of the city, featuring disordered land, illegal construction, and degraded municipal neighbourhoods, yet with good access and a riverside with great development potential. The eastern side of Setúbal is resurging, drawing an easy analogy to the work that began four decades ago in the eastern area of Lisbon, now known as Parque das Nações. Maria das Dores ...
French investors are drawn to the potential of Costa de Caparica, leading to a significant investment of 10 million euros.
