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Ponta Delgada ,  January 03, 2019

Government of the Azores promotes long-term property lease in the municipality of Ponta Delgada

The Government of the Azores, through the Regional Secretariat for Social Solidarity, has signed a lease agreement for the placement of 75 one-bedroom, two-bedroom and three-bedroom apartments in the village of Arrifes on the leasing market.
The property is located in the Piedade Jovem neighbourhood, having been recently acquired by a private investor. It will be fully refurbished by the new owner in order to be placed on the long-term leasing market.
With this agreement, the Government of the Azores guarantees that these apartments will be granted under controlled or supported lease schemes by the end of 2019.
The initiative falls within the measures developed by the Government of the Azores to promote affordable housing for all Azoreans.


Official government press-releases presented in all foreign languages interfaces of the Azorean Government Portal (Portal do Governo dos Açores) are a sub-set of the government's official press-releases daily output and are chosen for translation and publication on the foreign language interfaces based on audience segmentation criteria. The entire collection of the Azorean government press-releases is available in portuguese, here, from the GACS Press Office site.

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