Read today's Portuguese stories delivered to your email.
Real estate developer Grupo Mais has formalised a deal that strengthens its participation in the urban redevelopment of Nazaré's waterfront. According to the company, the €7.6 million acquisition of the two lots will increase the tourist capacity of the town, which became famous worldwide for the "cannon" that allowed Garrett McNamara to surf the highest wave ever.
By TPN, in News, Business, Portugal, Property, Tourism · 16 Aug 2025, 07:02 · 0 Comments
One of the lots will allow for the construction of a mixed-use building with 31 units, six floors above ground and two basements, totalling 6,294 m² of construction area, explains Grupo Mais.
The other will house a five-star hotel with five floors and two basements, totalling 10,301 m² of construction, according to a report by ECO.
Share this article: Share
We are proud to provide our readers from around the world with independent, honest and unbiased news for free – both online and in print.
Our dedicated team supports the local community, foreign residents and visitors of all nationalities through our newspaper, website, social media and our newsletter.
We appreciate that not everyone can afford to pay for our services but if you are able to, we ask you to support The Portugal News by making a contribution – no matter how small.
Be the first to comment on this article
In News, Business, Portugal, Tourism, Property - 13 Aug 2025, 07:02
In News, Business, Portugal, Property, Tourism - 05 Aug 2025, 07:02
In News, Business, Portugal, Property, Tourism, Madeira & Azores - 02 Aug 2025, 15:02
In United Kingdom, World, Economy, Tourism - 02 Aug 2025, 08:31
In News, Portugal, Porto & North - 17 Aug 2025, 14:02
English
Nederlands
Deutsch
Français
Español
Italiano
Svenska
Pусский
中文
Türkçe
Português
Polski
عربي
Suomi
עִברִית
Português (Brasil)