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Home Economy

42 luxury apartments to be built in Lisbon (and in a historic building)

Ursula Curtis by Ursula Curtis
April 5, 2022
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Fifth42 new luxury apartments will be constructed on Avenidas Novas, Lisbon, in a historic building from the Estado Novo period. It was named before AAA23This is the first residential project to be completed in Portugal by RE Capital, a European investment, development and asset management firm.

In the statement that news per minute RE Capital was able to access, explaining that the investment amounted to 25 million euros, in a building consisting of six floors of apartments.

let’s go to FeaturesThere are properties from one to four bedrooms, including three four-bedroom duplexes with double-height ceilings, two of which have private pools. The apartments range in size from 52.6 m² to 199.6 m² – see photos in the gallery above.

about the the interior In the apartments, “natural tones with decorative elements of contrasting colors” prevail, which contributes to the “revitalization of spaces”. All homes have wooden floorequipped SMEG brand home appliances and has marble bathrooms.

In addition, all properties have lighting and automatic air conditioning, which facilitates “lower energy consumption”.

But there is more. “After a thorough cleaning of the main facade of the building, its decorative features were combined with the original materials, which Helps maintain your sleek and slim styleIt can be read in the same statement.

Moreover, according to RE Capital, original wooden stairs Inside the building, being a “distinct period structure leading into the apartments”.

It is also worth noting that AAA23 will include two commercial units, one of which will be leased to Spain’s Bank Abanca.

How much does it cost to move into one of these properties? According to RE Capital, the prices Ranging between €500,000 – a one-bedroom apartment – and €1.35 million, for a five-room rating.

However, 85% of properties have been sold before ConclusionAccording to the same statement, and “is popular with owners and investors.”

“The completion of AAA23 is an important milestone for RE Capital, as it represents our first project to be completed in Portugal,” highlights RE Capital’s Director and Head of Europe, Olivier Hazelot, quoting the same statement.

Read also: ‘Brake’ for domestic housing? Prices decreased by 9% in the respective regions

Ursula Curtis

“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”

Ursula Curtis

Ursula Curtis

"Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast."

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