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Economy · Funchal · 17 September 2026

Funchal Council Allocates 40 Million Euros for Housing

The Funchal municipality has announced an investment of 40 million euros for housing projects.

The Funchal Municipal Council has outlined a significant investment plan for housing, allocating 40 million euros.

This sum will be directed towards the creation and improvement of housing solutions within the municipality, aiming to meet the population's needs.

Specific details regarding the projects to be funded and their execution timelines have not yet been released, but the announcement signifies a substantial financial commitment from the local authority.

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