Property Abroad
Blog
Turning offices and stores into housing: a Portuguese trend?

Turning offices and stores into housing: a Portuguese trend?

Turning offices and stores into housing: a Portuguese trend?
Turning offices and stores into housing: a Portuguese trend?

Portugal is facing a major housing challenge due to high demand and lack of supply accompanied by high house prices at a time of declining purchasing power, inflation and rising interest rates.

To meet this challenge, the market is developing various solutions. One of them is the conversion of commercial real estate into residential properties. Influenced by other countries where converting stores, warehouses and offices into residential buildings has become "fashionable" - in particular to cope with the lack of residential real estate on the market - players operating in Portugal are following suit.

1
1
55
1
1
61
1
41
2
2
108
2
2
107
1
1
38
However, the process can be complex and contain risks (along with benefits). In light of this' 'context, it becomes interesting to know whether the "residential" transition of this type of real estate is already a common practice in Portugal and whether it can succeed?

We will find property in Portugal for you

  • 🔸 Reliable new buildings and ready-made apartments
  • 🔸 Without commissions and intermediaries
  • 🔸 Online display and remote transaction

Subscribe to the newsletter from Hatamatata.com!

I agree to the processing of personal data and confidentiality rules of Hatamatata

Popular Offers

4
4
240
4
4
260
4
3
250

Need advice on your situation?

Get a  free  consultation on purchasing real estate overseas. We’ll discuss your goals, suggest the best strategies and countries, and explain how to complete the purchase step by step. You’ll get clear answers to all your questions about buying, investing, and relocating abroad.

Vector Bg
Irina

Irina Nikolaeva

Sales Director, HataMatata