Matosinhos requests 40-million-euro loan to build 500 affordable rental homes

The municipality of Matosinhos plans to borrow 40 million euros to build 500 affordable rental units for the middle class, with one development specifically for young people under 35. The loan request will be discussed at the municipal executive meeting this Wednesday, September 2nd, 2026. The housing is expected to be completed within three to four years.

Why it matters

If you are a resident looking for middle-class housing or are under 35 in Matosinhos, this project aims to increase supply in the coming years, though there are no immediate application processes or specific dates for availability yet.

Observador· 2mo agoRead original ↗

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