Housing
Young people are the main beneficiaries of homes assigned with an option to purchase, says the Azorean government
The Regional Government of the Azores reports that 72% of 241 homes built under the Recovery and Resilience Plan (PRR) and assigned via the Lease with Option to Purchase (RAOC) regime have gone to individuals and households under 35. The regime, regulated in 2025, allows tenants to exercise a purchase option one year after signing, with monthly rent payments deducted from the final sale price.
Why it matters
If you are a young resident in the Azores, this program provides a path to home ownership by allowing you to rent with lower-than-market monthly payments while building equity toward a future purchase.ObservadorRead original ↗
Useful?
