The Algoz and São Marcos da Serra Urban Rehabilitation Areas have already been created

Owners of buildings located within the ARU can have tax benefits and financial support

The Urban Rehabilitation Areas (ARU) for the towns of Algoz and São Marcos da Serra have already been delimited, announced the Municipality of Silves, opening new perspectives for those who want to invest in this sector. 

The creation of these ARUs translates into «the definition of a set of tax benefits and financial support that the owners of buildings located within the ARU may benefit from, if they promote their urban rehabilitation».

To access notices Nos. 10055/2021 and 10056/2021, of May 27, 2021, the ARU delimitation plan and the grounds for its delimitation, including the framework of tax benefits and other financial support, you must click here for Algoz e here to São Marcos da Serra.

 

The ARU is “a mechanism to stimulate the paradigm shift from new construction to that of urban regeneration and rehabilitation. It is intended, in this way, to enhance the urban space and its built heritage, while revitalizing the economic and social fabric», stresses the Silves Chamber, in a press release.

«The municipal strategy of intervention in the ARUs of Algoz and São Marcos da Serra embodies a commitment to the competitiveness and attractiveness of the territory for people and activities, promoting a dynamism with a penchant for innovation and creativity, articulating and recognizing heritage diversity, specifically its potential for exploitation, in a sustainable and requalified context in terms of public space and living conditions, in a participatory and inclusive framework of justice and social cohesion».

The Municipality of Silves adds that «therefore, it has been making an important effort to involve local actors, namely economic agents in the real estate sector, private entities and residents, promoting various work meetings and explanations of the scope and actions. foreseen in these projects, with the objective of guaranteeing the implementation and success of the ARU in the villages of Algoz and São Marcos da Serra».

Therefore, the municipality appeals to all those who may be interested in promoting an intervention for the rehabilitation of their property to contact the municipal services for spatial planning (282 440 825 or [email protected]) to obtain information more information.

 

 
 
 



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