Lisbon Unveils Geotechnical Charter, A Key PropTech Tool for Developers
Real estate developers and investors in Lisbon now have a powerful new digital tool at their disposal. The city has launched the 'Carta Geotécnica de Lisboa' (Geotechnical Charter of Lisbon), an innovative, free-to-access platform providing critical data on the city's subsoil. This initiative is designed to de-risk and optimize construction projects, making it a vital resource for anyone involved in urban development in the capital.
This move into advanced PropTech (Property Technology) makes technical decision-making easier and more transparent, directly supporting investors by minimizing unforeseen ground-related risks and costs.
What Foreign Investors Need to KnowThe platform offers a vast set of geological, geotechnical, and hydrogeological data. It allows users to assess soil composition for structural and excavation planning, anticipate construction risks, and even identify areas with potential for groundwater use. "This is a strategic instrument for building a more resilient and sustainable city," stated Joana Almeida, Lisbon's Councilor for Urbanism. For an investor, this means access to data on soil seismic behavior, water table levels, and other factors that are critical for project viability and cost estimation.
Actionable Steps for Today's Buyer- Integrate into Due Diligence: Before acquiring land for development, use this free tool to conduct initial geotechnical assessments, saving time and preliminary consulting fees.
- Optimize Project Design: Leverage the platform's data to make more efficient structural and foundation design choices, potentially reducing construction costs.
- Identify Sustainable Opportunities: The charter's data on hydrogeology and geothermics can help identify opportunities to incorporate sustainable features, like groundwater irrigation or geothermal heating, adding value to a project.
- Anticipate PDM Changes: The platform's data will inform the next Municipal Master Plan (PDM). By understanding the data, investors can better anticipate future zoning and planning regulations.
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