Housing
Lisbon Council promises to transfer land to private parties and cooperatives for housing and will take out a 290 million euro loan
Lisbon Council plans to transfer public land to private entities and cooperatives for housing development as part of an investment of 167 million euros in the sector. The municipality also intends to proceed with the sale of 10 public properties and secure a loan of 290 million euros to fund these housing initiatives.
Why it matters
While this is a plan rather than an immediate change, if you are looking for housing in Lisbon, monitor for future public tenders or cooperative housing schemes that may arise from these land transfers.ExpressoRead original ↗
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