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Economy · Funchal · 28 June 2026

IHM Invests 23 Million Euros in Santa Cruz with Public Offer for Property Acquisition

IHM launches a public offer to purchase around 80 homes in Santa Cruz, an investment of 23 million euros, with plans for further expansion.

IHM Invests 23 Million Euros in Santa Cruz with Public Offer for Property Acquisition

The company IHM has announced an investment of 23 million euros in Santa Cruz, initiating its first public offer aimed at acquiring approximately 80 residential properties.

This initiative may be extended to other municipalities on the island, suggesting an expansion strategy for its property acquisition model. The DIÁRIO reports this as the main headline in its Friday edition.

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