Expatica news

Olhão council to buy up city centre houses for locals

OlhaoViewSmallOlhão council is entering the private property market, as the mayor announces a €1 million spend on buying houses in the old part of the city, doing them up and renting or selling them to young couples.

The typical Levant and Barreta areas of the city, for decades ignored totally by successive administrations, have become the favourite zones for what the council describes as ‘foreign investors.’

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