Loures Will Remodel the Neighbourhoods of Quinta da Fonte and Sapateiras

21 May 2018

The Municipality of Loures will invest three million euros to create an intervention fund which will invest in the neighbourhoods of Quinta da Fonte and Sapateiras, beginning in the summer. The municipal initiative, which will receive community funding, will cover the rehabilitation of almost 60 buildings with more than 2,700 inhabitants.

Both intervention projects were previously awarded and are awaiting approval by the Court of Auditors, the Mayor of Loures, Bernardino Soares (CDU), told the Lusa news agency.

In the case of the Quinta da Fonte neighbourhood, located in Apelação, 54 municipal buildings, with roughly two thousand inhabitants, will be targeted in an estimated investment of about three million euros.

Construction is expected to last for 14 months and should be completed during the second half of 2019, according to Mayor Soares.

In Quinta das Sapateiras, four buildings, which are the home of 700 people, will be renovated over a period of seven months, in a planned investment of 450,000 euros. These two projects will receive Community funding in the amount of €1 million.

Original Story: Idealista

Photo: Notícias ao Minuto

Translation: Richard Turner