New Development

Fortera

Fortera to Invest €11.5m in Azul Boutique Hotel

Portugal’s tourism sector is showing signs of resilience as a new 4-star hotel is set to go up in Vila Nova de Gaia, overlooking the Douro river.
Fortera
new housing

New Housing Construction Costs up 8.5% in November

The increase was 1.2 percentage points higher than in the previous month. According to the New Housing Construction Cost Index, released today by ...
new housing
Residential Development

Residential Development Down 17% in Portugal

Residential development slowed down throughout 2021, with a 17% drop in the number of dwellings submitted for licensing in Portugal. This figure stems from the Confidencial Imobiliário’s Real Estate Pipeline report, released today based on the energy pre-certificates issued by ADENE.
Residential Development

Buildings Granted Municipal Licensing Up 0.9% in Q3 2021

Portugal’s northern and central regions continued to stand out regarding the number of completed buildings.