ABOUT US
Providing affordable housing in Portugal
The soaring cost of living, and especially increase in rents, has just made the situation more complicated for many families.
In 2020 we acquired our first property in Santarém, Portugal.
Our goal was to hold property on the very long term at modest returns.
We looked for tenants that would be stable and responsible caretakers. So, we set out to social media.
The response was beyond our expectations. A single social media announcement received nearly 100 responses in 2 days.
Young families, workers on temporary contracts, people in complex personal situations.
This happened with the first apartment, the second, the third, and now the tenth
The soaring cost of living, and especially increase in rents since, has just made the situation more complicated for many families.
For most families, the financing structure and speculative ambitions of real estate investors lead to unsurmountable cost of living and unstable tenures that hurt family stability.
We believe in a more social model. Where cost of housing can be reduced if social and financial needs are fairly balanced.
We aim to professionalise our affordable housing model and address the cost of living crisis, in Santarem and beyond; using a new name: Essential Housing.
