Development

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, [...]

The Canadian developer Mercan says the government’s decision to end the Golden Visa programme threatens €425 million of investment. The company has 27 hotel projects in Portugal, and believes [...]