Development

While welcoming reforms to Portugal’s obsolete land law – or ‘soil law’ as it is called locally – that will allow affordable housing projects to be built on rustic land, the country’s [...]

Grupo Azinor, owner of the Sana hotel chain, has reached an agreement with Grupo SIL to acquire the Porto Cruz real estate mega-project, located in Cruz Quebrada near Lisbon, Jornal Económico [...]

Lisbon Municipal Council has given the green light to a €2Bn redevelopment and urban regeneration housing project on parcels of brown field industrial land at Matinha in East Lisbon. The project, [...]

It is amazing to consider that Lisbon, along with Athens and Rome, is one of three capital cities in Europe that have been continuously populated since antiquity. This fact was driven home while [...]

Portugal’s National Association of Portuguese Municipalities is calling on the government to slash VAT to 6% on construction projects in Urban Regeneration designated areas. Business daily [...]

Economy minister praises region’s potential as a hub for foreign capital In a move aimed at attracting significant international investment, the Portuguese government has unveiled plans to create [...]

Portugal’s central bank, the Bank of Portugal, is in discussions with the insurance company Fidelidade over the building of its new headquarters on plots of land once occupied by the city’s [...]

The former British Hospital building known as the Hospital dos Ingleses, which has been refurbished and turned into luxury apartments, has received its first home owners. The old 18th century [...]

A company hoping for millions of investment in European funding disbursed through Portugal’s development bank has had its application rejected despite initially being preliminarily accepted on [...]

Luxury residential property developer Mexto Property Investment has invested over €200 million in Portugal since 2017 and is currently investing a further €80 million. The Swiss developer, which [...]