Real estate in Portugal: housing shortage, developers warn.
In Portugal, the real estate market has a problem that everyone recognizes and that has already become one of the most urgent tasks of the government. Reducing licensing periods, increasing the supply of housing, including for the middle class, and stimulating the rental market.
In recent years, various players in the real estate market in Portugal have demanded these measures to remedy a situation that nevertheless continues to deteriorate. What has already been done and what more needs to be done in the construction sector? Idealist/news analyzed the market and gave a voice to investors and those responsible for the development of residential projects that, despite delays, are increasingly coming to light, but are becoming increasingly expensive - both for''faced by the national real estate market, the various real estate developers contacted by idealist/news are unanimous in stating that the road to success is still long and the ultimate goal is always the same: to ensure a greater supply of housing and offer affordable housing at prices that most Portuguese can afford.
Important measures for the development of the real estate market:
- To increase supply in all segments of the real estate market, especially for the middle class
- Accelerate licensing processes
- The development of the rental market is an old and relevant goal
- Stake on affordable housing
Hugo Santos Ferreira, one of the most active members of the industry, is not''doubts that "Portugal is facing a serious housing problem".
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