Urban Rehabilitation in Portugal, Investing with Impact and Strategic Vision
- Jun 2
- 3 min read
Portugal has a history that can be felt in its streets, old town centres and façades that tell stories. However, much of this heritage, built before 1980, is now in need of updating, efficiency and safety improvements.
It is in this context that urban regeneration in Portugal has established itself as one of the most important strategies in real estate investment today, an approach that allows assets to be enhanced, cities to be regenerated and the real needs of society to be met.
At MBM Company, we see regeneration as an opportunity to invest with purpose, territorial awareness and long-term profitability.
Why invest in urban regeneration today?
With urban centres practically consolidated and a shortage of new land, old and vacant properties are gaining prominence. These assets, often located in prime areas, can be transformed into highly sought-after real estate products, whether for housing, tourism or mixed use.
By renovating, investors not only gain access to central and consolidated locations, but also benefit from a differentiated product that is increasingly valued by the market.
Tax incentives and legal opportunities available to investors
Portugal offers various incentives for those who invest in renovation:
Exemption or reduction of IMI and IMT taxes on properties located in Urban Renovation Areas (ARU);
Reduced VAT rate (6%) on work carried out by certified companies;
Financing with advantageous conditions, such as the IFRRU 2020 programmes.
However, these incentives require strict compliance with legal and technical frameworks. At MBM Company, we monitor each project with legal and administrative precision, ensuring access to all possible benefits, with security and compliance.
The technical challenges of renovation, and how we overcome them
Rehabilitating a building is often more complex than building from scratch. There are structural surprises, urban layout limitations, heritage requirements, and sometimes misaligned expectations between what is desired and what is feasible.
That is why each project must begin with a complete technical diagnosis, involving architects, engineers, regulatory and tax specialists. At MBM Company, we anticipate obstacles and structure customised solutions that respect the character of the building, comply with regulations and maximise return.
Sustainability and efficiency are more than a requirement, they are a competitive advantage
Renovation is an opportunity to give a building a new lease of life, and that new life should be more efficient, more comfortable and environmentally responsible. Incorporating thermal insulation, natural ventilation, solar panels or smart energy management solutions not only reduces the property's operating costs, but also increases its value and responds to an increasingly demanding market.
Investing in sustainability is not an additional cost. It is an investment with a direct return - in the operation, in the appreciation of the asset and in the reputation of the project.
Renovation is designing the future with respect for the past
Renovation is not just about restoring walls, it is about transforming places with history into assets for the future. It is about giving them a new function, a new purpose, and integrating them into a market that values authenticity, efficiency and well-being.
At MBM Company, we bring together architecture, consulting and management skills to turn every rehabilitation project into a success story, respecting the identity of the property, responding to the present and anticipating tomorrow.
If you are considering investing in urban rehabilitation, you can count on us to support you every step of the way. From the initial technical survey to the final delivery, our commitment remains the same: to protect your investment, create value and build with strategic sense.
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