Simplex Accelerates Licensing for New Home Construction

Simplex Speeds Up Housing Licences In the first ten months of the year, from January to October, 28,004 homes were licensed in Portugal, 0.7% more than in the same period last year. This surge in new housing licences coincides with the implementation of the "Simplex" urban planning licensing reform—Decree-Law No. 10/2024—which was rolled out in two phases: some measures took effect in January, and...

Portugal Needs a Construction Revolution and Smarter Solutions

Between offices, hospitals, hotels, theaters, museums, monuments, residential developments, and factories, the HCI group has been shaping Portugal’s construction and renovation scene for 45 years. Their portfolio is extensive, featuring iconic and large-scale projects that bridge tradition and modernity. One standout is the renovation of Lisbon’s Calouste Gulbenkian Modern Art Center (CAM), a project...

Why Now Is the Perfect Time to Invest in Portugal’s Silver Coast

With shifting lifestyle preferences and evolving real estate market trends, Portugal’s Silver Coast, located between Lisbon and Porto, has emerged as a top destination for homebuyers and property investors alike. Portugal: A Real Estate HotspotPortugal has long been a favorite among international buyers seeking holiday homes, investment properties, or a fresh start. Prime locations such as Lisbon and...

New Land Law: Transform Rural Land into Affordable Housing

The New Land Law Brings a Sea of Opportunities for Owners of Rural Land The new land law presents a wealth of opportunities for those who own rural plots. This is because, in addition to using the land for farming or livestock, owners can now pursue reclassification of their land into urban plots, provided it is intended for constructing homes, particularly at affordable prices. In this guide prepared...

Lisbon elected the Best World Heritage City 2024: find out why

In this 2024 edition, Lisbon receives, for the second time, the award for Best City Break Destination in the World. Lisbon was awarded as the "Best World Heritage City" for the first time and, for the second time, as the "Best City Break Destination in the World" in the 2024 edition of the World Travel Awards. The ceremony known as the "Oscars of Tourism" took place this Sunday in Funchal, Madeira....

Modern 3-Bedroom Villa with Pool and Stunning Views in Nazaré 🌊

Discover the perfect blend of comfort, style, and investment potential with this 3-bedroom villa in Nazaré, Portugal's iconic surf destination. With breathtaking panoramic views, a private pool, and high-end finishes, this home is ideal for enjoying the best of coastal living or generating rental income.https://youtu.be/-m9vvboOMxE /*! elementor - v3.21.0 - 08-05-2024 */ .elementor-column...

Rentals in Portugal: Housing Prices Surge 4.9% in a Year

In 2024, there has been a noticeable increase in the number of rental agreements in Portugal. However, the supply of rental properties remains insufficient to meet the high demand. Against this backdrop, rental prices rose by 4.9% in November compared to the same month last year. As a result, the median cost of renting a home reached €16.1 per square meter (€/m²) by the end of November this year,...

Leiria Natal: Where Christmas Magic Comes to Life!

From November 29, 2024, to January 6, 2025, Leiria transforms into a true Christmas wonderland. This enchanting event, which grows brighter and more ambitious each year, places the city firmly on the map as a must-visit holiday destination. Leiria Natal is a world of dreams where all generations can find joy, culture, and unforgettable experiences. Amid shimmering lights, captivating performances, and...

Portugal Approves Housing on Rural Land to Boost Supply

The Government approved a new decree on Thursday, 28 November 2024, during a Cabinet meeting, which relaxes the land use law. This exceptional framework allows construction and urban development on previously restricted areas, including land classified as rural, subject to approval by local councils. These areas will be used for public housing or homes priced at “moderate values.” The Minister for...

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