Construction, Real Estate and PPP/PFI
The dominant topic in the current Portuguese real estate market is the reform of the urban lease regime. Since 2004, much debate has surrounded the need to revitalise this market. The current regime has not delivered the much sought after boost of the urban lease market. Over the past two years, the real estate sector has retreated and it is now essential that this issue be addressed. There is a widespread consensus, both politically and socially, that the current regime does not cater to the country’s interests. The “Memorandum of Understanding” between the Portuguese Government and Troika set the general conditions of the economic policy defined under the scope of Portugal’s external financing programme, including some for the real estate market.
Incentivising Portugal's urban rehabilitation - F Castelo Branco
As in many other countries, the older (and sometimes historical) areas of Portuguese cities and their real estate cultural heritage have been progressively abandoned in the past decades, while, at the same time, economic activities and population have moved out in search of new and more attractive urban facilities.
The uncertainty of the Portuguese real estate recovery - ABBC
The Portuguese real estate market is going through an obvious period of stagnation, caused by the financial crisis, which has rapidly spread to real estate promotion, sales and purchases.
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