Portugal
Real estate project of 25 million ‘grazing’ new street with houses and shops in the center of Braga
Publication: ECO
Author: António Larguesa
Source published: 21/10/2026, 09:30:31 UTC
Briefing created: 22/10/2026, 00:08:02 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 21/10/2026, 09:41:25 UTC.
Briefings
A Grupo Onires, controlled by Manuel Rodrigues de Sá Serino, launched the Carvalhal urban renewal project in Braga, investing approximately 25 million euros to create a new street connecting Campo da Vinha to Avenida Central. The initiative includes 57 residential units and 13 commercial spaces, with the commercial portion managed by OniRodrigues and the residential units by OniRodrigues and OniRodrigues. The project aims to requalify the Palacete Domingos Afonso and adjacent buildings, with construction scheduled for November despite a nearly two-year delay. Transport public prices in Braga are expected to decrease by 25%. The project is being marketed by JLL and Savills, with The Coffee as the first confirmed operator. The project is considered one of the most significant urban rehabilitation efforts in the country, aiming to create pedestrian pathways and new commercial concepts in a central district.
Key points
- The Carvalhal project is a 25 million euro urban renewal initiative led by Grupo Onires, controlled by Manuel Rodrigues de Sá Serino, involving 57 residential units and 13 commercial spaces.
- Construction of the Carvalhal project is scheduled for November but has been delayed by nearly two years, with public transport prices in Braga expected to drop by 25%.
Context
The Carvalhal project is a major urban renewal initiative in Braga, promoted by Grupo Onires, which includes 57 residential units and 13 commercial spaces. The project aims to requalify the Palacete Domingos Afonso and adjacent buildings, with construction scheduled for November despite a nearly two-year delay. Transport public prices in Braga are expected to decrease by 25%. The project is being marketed by JLL and Savills, with The Coffee as the first confirmed operator.
Limitations
The evidence covers the project's investment, scale, and key stakeholders but does not include specific dates for completion, detailed cost breakdowns, or information on the project's impact on local housing prices or environmental metrics.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 22/10/2026, 00:08:02 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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