Lisbon
Lisbon

Lisbon

Unlisted Orgs
Essential HousingEssential Housing
Population (AI)

552,700

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Last edited
Oct 1, 2024 3:06 PM
Category
Prio-10CapitalPrio-25
Local programs

The city of Lisbon, Portugal, has set ambitious targets to address its affordable housing crisis and promote sustainability. Key initiatives include: 1. **Affordable Housing Targets**: Lisbon aims to develop and renovate thousands of homes for medium- and low-income residents. The city has already built and renovated over 1,500 homes and plans to renovate 2,000 vacant flats in 11 boroughs. 2. **Programs and Activities**: - **Housing Cooperatives**: Lisbon City Council provides land for citizens to develop housing projects at lower costs through cooperatives. - **Public-Private Partnerships**: The municipality leases land for 90 years to private companies to develop affordable housing projects. - **Subsidies**: Low-income families who pay over 30% of their income in rent are eligible for subsidies to maintain their payment below 30%. - **Licensing Improvements**: Digitization and fast-tracking of licensing procedures for construction projects. 3. **Sustainability**: - **Energy Efficiency and Circular Economy**: Projects like the Loures development focus on improving housing, promoting energy efficiency, and the circular economy. - **Climate Change Adaptation**: Measures include flood recovery and adaptation to extreme climate events. 4. **Funding Mechanisms**: - **European Investment Bank**: Provides significant funding, such as the €100 million loan for the Loures investment plan. - **National and Local Funding**: Lisbon has an €800-million public investment plan for 2022-2028, the largest in 30 years, to support affordable housing initiatives.

Housing Market

**Summary of Lisbon Housing Market:** Lisbon's housing market continues to be attractive for investors and residents alike, despite economic uncertainties. Key statistics include: - **House Prices:** The median price per square meter to buy an apartment in Lisbon (Grande Lisboa) is €2,333 as of April 2024, up 4.9% year-over-year. - **Rental Prices:** The average rental price per square meter in the Greater Lisbon Metropolitan Area is €11.40, with a year-on-year growth of 12.5% in 2023. - **Housing Transactions:** Despite a 25% drop in housing transactions in 2023, prices increased by more than 10% due to a shortage of properties for sale. - **Total Housing Units:** The total dwelling stock in Portugal was 6,002,874 units at the start of 2022, with the Lisbon region accounting for 25.2% of this total. - **Ownership vs. Rental:** Specific figures on the number of renters and homeowners in Lisbon are not provided in the available sources. However, the rental market is robust, with a diverse demographic including expatriates, students, and digital nomads. - **Public, Social, and Cooperative Housing:** The sources do not provide detailed information on the share of public, social, and cooperative housing in Lisbon. However, regulatory measures are being implemented to protect local housing markets and communities, indicating a focus on sustainable and accessible housing solutions. Overall, Lisbon's housing market is characterized by rising prices, a shortage of properties for sale, and a strong rental sector.

Further Actors?

In Lisbon, various stakeholders across different sectors could be valuable conversation partners and collaborators for building more affordable and sustainable housing: 1. **Local Administration**: - **Lisbon City Hall**: Key in implementing affordable housing strategies, such as the €800-million public investment plan for 2022-2028. - **Loures Municipality**: Engaged in creating and renovating social housing units, focusing on social inclusion and climate change mitigation. 2. **Academic Institutions**: - **Universidade de Lisboa**: Potential for research collaborations on sustainable and affordable housing solutions. 3. **NGOs**: - **Habitat for Humanity Portugal**: Focused on affordable housing and community development. - **Local housing cooperatives**: Such as those initiated by Lisbon City Hall to provide affordable housing options. 4. **Impact Investors**: - **European Investment Bank**: Financing projects like the Loures sustainable housing development. 5. **Real Estate Developers**: - **Companies involved in the Affordable Housing Project in Lisbon's suburbs**: Focused on sustainable and cost-effective residential units. 6. **Architecture Firms**: - **Firms specializing in sustainable and affordable housing designs**: Such as those involved in the renovation of vacant flats in Lisbon. 7. **Local Political Parties**: - **Centre-right AD alliance Government**: Presenting housing programs like "Construir Portugal, Nova Estratégia para a Habitação". Engaging with these diverse stakeholders can foster a collaborative approach to addressing Lisbon's affordable housing crisis.

Cooperatives

In Lisbon, Portugal, housing cooperatives play a crucial role in addressing the affordable housing crisis. The city has initiated a program called "Lisbon Housing Cooperatives" (Cooperativas 1ª Habitação Lisboa), which allows families to form or join cooperatives and compete for municipal land to develop affordable housing projects. - **Program Structure**: Cooperatives secure funding, obtain municipal land with 90-year surface rights, and are responsible for construction costs. Five plots have been identified for cooperative housing projects in various neighborhoods. - **Market Share and Number of Cooperatives**: While specific market share data is not provided, it is noted that many housing cooperatives ceased to exist over the past decade, leaving only a few active not-for-profit housing associations in Lisbon. - **New Cooperatives and Lighthouse Projects**: New cooperatives such as Aldrava, Brejos Faria, Beehive 62, and CoopArroios are part of the Co-Habitar Network, contributing to resolving the housing crisis. Telheiras, a neighborhood developed by housing cooperatives, is a notable example of successful cooperative housing, featuring high-quality buildings and social housing managed by the public housing company. - **Support and Programs**: The city supports cooperative housing through initiatives like the €800-million public investment plan for 2022-2028, which includes leasing land for 90 years for private companies to develop affordable housing projects. Additionally, the city engages in dialogue with banks to ensure affordable upfront investments for cooperative members.