Housing

Porto received 33 million euros since 2021 in compensation for not building affordable housing

The Porto City Council has collected 33 million euros in financial compensation from developers who opted not to build mandatory affordable housing units under the municipal inclusive zoning regulations since 2021. Following public and political backlash regarding recent approvals for seven specific projects to pay into the fund instead of building, the Mayor announced plans to revise the municipal regulations to remove the compensation option for hotel and tourism projects.

Why it matters

If you are following the housing market in Porto, the city is currently reconsidering its policy that allowed developers to pay fees instead of constructing affordable units, meaning future urban development projects in the city center may be required to include actual housing rather than monetary contributions.

Observador· 1h agoRead original ↗

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Housing

Popular assembly in the Azores prepares for demonstration and rules out protest camp

The 'Casa para Viver' civic movement has confirmed it will hold a demonstration in Ponta Delgada on 14 November at 10:00, joining the national day of action for housing rights. Participants voted to exclude the possibility of setting up a protest camp, stating that other issues related to housing and cost of living are more urgent.

Correio da Manhã· 1h agoRead original ↗

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Housing

PS allows State Budget for 2027 to pass after debate where it was the punching bag

The 2027 State Budget passed its viability vote without surprises, with housing emerging as a central theme during the debate. The PSD called on the opposition not to distort the document.

Público· 2h agoRead original ↗

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Housing

Housing crisis: EIB lends another 300 million euros for new homes

The European Investment Bank (EIB) has approved a 300-million-euro loan to Portugal to fund the construction of affordable housing. This funding is intended to increase the supply of housing units available at accessible price points.

RTP· 3h agoRead original ↗

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Practical alerts

Media-reported alerts

easyJet strike announced in Portugal for December · The Portugal News · 10h ago
CP strike scheduled for this Friday has been called off · Observador · 13h ago
Police take to streets for better pay and working conditions · Portugal Resident · 1d ago
IP3 closed at night next week for construction works · Observador · 5d ago

Live official alerts

The CP strike on Friday 30 October is cancelled and trains run normally.
CP· Lisbon area +2· on Fri 30 Oct
Yellow rain warning for the Azores starting Wednesday, until Thursday.
yellow warningIPMA· Azores· until 09:00

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