Development

The private equity group Bondstone has acquired Quinta do Morgadinho, its first investment in the Algarve and its largest in Portugal. The purchase site covers 68 hectares in Vilamoura and [...]

The Portuguese Government’s ‘More Housing’ package, which seeks to help alleviate the chronic affordable housing shortage suffered in Portugal’s main two cities of Lisbon and Porto, did more harm [...]

Lisbon’s Mayor Carlos Moedas officially inaugurated the Martinhal Residences – an urban family luxury and lifestyle project – at Parque das Nações on Friday. Located in one of [...]

A survey, which canvassed real estate developers about the perceived effects of the Government’s ‘More Housing’ programme unveiled in February, revealed that it would have negative effects on the [...]

A €1.5Bn credit line that existed between Portugal and Angola which had become exhausted has been beefed up to €2Bn to include new projects. The commercial line of finance guaranteed partly by [...]

Special Feature by Michael Bruxo ([email protected]) Dutch businessman Erik de Vlieger is developing seven major projects in Lagoa, which include turning derelict buildings into [...]

The Israeli developer Taga Urbanic is to invest €60 million in luxury homes in the former Seca do Bacalhau building at Vila Nova de Gaia in Porto. Founded four decades ago by Zohar Gafni and [...]

The Portuguese hotel group DHM closed 2022 with a record turnover of €75 million. DHM (Discovery Hotel Management) which is held by the fund Discovery saw turnover up 36% on 2019 and forecasts [...]

VIC Properties, one of the largest real estate developers in Portugal, has announced new shareholders and plans to reinforce the company’s financial structure. The holding that detains VIC [...]

The Portuguese hotel group Vila Galé is to open four new hotel units in Portugal in 2023; one of them aimed at families with children. Two hotels are near Beja in the Alentejo, one in the Azores, [...]