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Porto municipality to increase housing stock by 12.5%

7 DECEMBER 2023
Onderwerpen
Imóveis Porto Rendas Casas para arrendar Rendas Acessíveis Habitação Acessível
In partnership with private entities, the Porto municipality will promote the construction of 1,610 new homes, with the launch next week of a rent support program.
Porto municipality to increase housing stock by 12.5%
Source: Freepik
Author: Redaction

1,610 new homes are to be built in Porto, an increase in the housing stock of around 12.5%, as announced by the municipality. Currently, the housing stock has 13,062 dwellings, a figure that will rise once the eight projects currently underway have been completed. Of these eight, two will be developed in partnership with private entities. 

The aim is not only to increase the number of homes on a rent-supported basis, but also to increase the number of homes available on the market at affordable prices. In the same context, Porto City Council will be launching a new edition of the rent support program - Porto Solidário. 

The 13,062 homes will be located in Lordelo do Ouro, Monte Pedral, Monte da Bela, Ilha da Lomba, Eirinhas, Bairro do Leal and Farias Guimarães, distributed for affordable rent and supported housing. In addition to these, 433 vacant dwellings are also highlighted for rehabilitation, promoted by municipal companies, which the municipality points out are not plans, but "ongoing projects". 

Onderwerpen
Imóveis Porto Rendas Casas para arrendar Rendas Acessíveis Habitação Acessível
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