EU funds new housing

AL added 5,877 new beds last year

Housing announced in the local press

Madeiran families can count on more than 600 new housing units on the rental market this year. The offer is from the housing authority Investimentos Habitacionais da Madeira, with European funds through the Recovery and Resilience Plan. By June, the first 180 apartments will be completed.

The front page also highlights Health, under the headline “Madeira captivates young doctors”. Six of the 80 new professionals who joined the service this month spoke to the newspaper about their new learning phase. And some intend to stay at the Regional Health Service (SESARAM).

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The newspaper also recaps that depression Irene’ brought rain, wind, lightning and thunder, noting that Civil Protection recorded several incidents and 15 flights were cancelled.

AL added 5,877 new beds last year

Local Accommodation added 5,877 new beds last year is another headline subject in today’s edition of JM.

Nominated for the Business Excellence Awards 2024

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all the Incidental News from Madeira ….

All the incidental news from Madeira – up to 60 reports per day – is being picked up automatically, google-translated, and instantly posted to our sister website, madeiraisland.news no matter how trivial:

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A new, vastly improved “search” facility has been introduced allowing readers to search (box in the sidebar above) on any word or phrase used in any of the posts over the last sixteen years. Previously the search facility only returned matches on headings rather than the entire content. It remains to be seen whether this will slow the blog down – fingers crossed! If it works it should move the blog even further ahead of the increasing number of imitators, providing a huge resource for visitors and residents.

EU funds new housing 5

A new, vastly improved “search” facility has been introduced allowing readers to search (box in the sidebar above) on any word or phrase used in any of the posts over the last sixteen years. Previously the search facility only returned matches on headings rather than the entire content. It remains to be seen whether this will slow the blog down – fingers crossed! If it works it should move the blog even further ahead of the increasing number of imitators, providing a huge resource for visitors and residents.

8 thoughts on “EU funds new housing”

  1. Really, the EU is financing affordable housing while private owners make money offering their properties as tourist accomodation?
    AL increase of 5877 beds in 2023…

    The local governement should be ashamed to let this happen, Madeiran families cannot afford to buy a house and have to commute via congested via rapida to work and schools.

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    • Are you suggesting, that Madeirans who own the properties classified as Al should only be allowed to let to fellow Madeirans or that all AL properties should be reclassified and be only available to Madeirans?

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    • Genuine question. Rather than a pension, I decided to buy small properties for rental, as it was in the UK it was of course to local residents but if I had lived on the South Coast and the return from holiday lets had been more lucrative, bearing in mind holiday lets aren’t a guaranteed 52 weeks a year occupancy, I would have chosen that route. If I let to the local resident then I doing my bit for the national housing shortage. If to the tourist, I’m a profiteering capitalist.
      It seems he is castigating private owners for letting to the tourist but if you or he were suddenly to acquire some capital and a suitable property came along that produced you and your dependants an income better than any thing else, would you turn it down?

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  2. Well if anyone did read the local newspapers they will be discovering that the Madeira government did create a program called Casa Propria da half is government money and other EU this will give the families that can afford a house to rent with affordable rental program and later one to be able to buy .
    https://www.dnoticias.pt/2023/7/20/368784-madeira-pretende-que-o-programa-casa-propria-disponibilize-200-habitacoes-por-ano/
    https://www.idealista.pt/news/imobiliario/habitacao/2023/06/09/58229-programa-casa-propria-tem-luz-verde-para-dar-2-000-fogos-na-madeira
    https://dre.tretas.org/dre/5411781/decreto-legislativo-regional-25-2023-M-de-14-de-julho

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    • Living Care’s website claims that they “differentiate ourselves as an organization providing health care and well-being, inspired by social and family values, increasing the capacity to respond to the needs of long-term health care in the Autonomous Region of Madeira” – so I guess they remain a separate entity with staff contracts underwritten by the Regional Governmment.

      Reply

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