Housing
Lagoa approves land for 743 homes in Algarve
Lagoa City Council has approved the reclassification of 12 hectares of land from rural to urban to allow for the construction of 743 residential units in the Calvário area. Under the municipal plan, 70% of the buildable area—amounting to 520 homes—must be dedicated to public housing, affordable rentals, or controlled-cost housing, with the remaining 223 units for the open market.
Why it matters
If you are looking for long-term housing in the Algarve, this project signals a future increase in the supply of affordable and controlled-cost housing options in the Lagoa area.The Portugal NewsRead original ↗
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