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Administration1 min read

Regional Government renews lease agreement on Rua do Esmeraldo

The distribution of budgetary charges for the amendment to the lease agreement of a property on Rua do Esmeraldo, in Funchal, has been authorized.

Ordinance no. 238/2026 authorizes the expenditure related to the amendment of the non-residential lease agreement for the building located at Rua do Esmeraldo, nos. 62, 64 and 66, in the parish of Sé, Funchal. The total value of the contract is €480,000.00, distributed between 2026 and 2031.

The property, consisting of four floors, is an asset used by the Regional Government, and this ordinance is necessary to ensure the multi-year budgetary coverage of the expenditure.

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