This dissertation aims to carry out an aesthetic-political reading of Portuguese film director Pedro Costa s work. Guided by the filmmaker s narratives, mise-enscène, and cinematic production style, the intention is to reflect on and stress questions related to coloniality that have penetrated Portugal and the European continent in the 21st century. With a body of work focussed on Fontainhas, a Lisbon neighborhood of Cape Verdean immigrants demolished by the Portuguese state, this study aims to understand the aesthetic and political work of two films that accompanied this process: In Vanda s Room (2000) and Colossal Youth (2006), in addition to the film completed after the demolition of Fontainhas: Horse Money (2014). These films point out the phantasmagorias of the colonial processes, seeking, as a result, to bring forth the characters as central agents in the fabling process of the real events noted.