Habitat Invest, a real estate company founded more than two decades ago by Felipe Soares Franco, former president of Sporting, and Luis Correia de Barros, has concluded, in recent years, an investment of more than 150 million euros in 13 projects – consisting of 37 shops and 396 apartments and 104 hotel rooms – and has €150 million in progress on 17 new projects, totaling more than 1,800 units.
According to figures released by Habitat Invest, this real estate developer intends to launch six new projects in 2023: Rocio (36 tourist apartments next to Rossio in Lisbon), Almar – South Living (530 apartments in Almada), Dafundo (72 units in Oeiras), and Algis Tower (with over 55 units), Aurea Phase 2, in Loris, and Platanus – Nature Lines, in Cascais.
Some of these projects, such as Almar – South Living, with a budget of 150 million euros, are being promoted in partnership with the British real estate fund Patron Capital, a “joint venture” that has just signed a new deal: it has bought land next to Quinta da Marinha, in Cascais, where Plátanos – The Lines of Nature, a condominium of 13 luxury villas, will be built in an investment with a budget of €23 million.
Extending over a total area of about nine thousand square meters next to Quinta da Marinha, one of the most exclusive locations in Cascais, the land subject to transactions contains a project designed by Regino Cruz Arquitetos, in which the approved architecture is already found. Condominium development consisting of 13 houses Combined, they add up to a total built-up area of approximately 4,500 square metres,” JLL, the real estate consultant who advised on the deal, explains in a statement.
and guarantees “the works should start within the next year”.
Silvia Lopez, Director of Marketing and Sales at Habitat Invest, confirms that “one of the segments that continues to be in great demand is the “main” segment, the project responds to several requests, and in terms of location (with particular attention to the factors “outstanding” security and positioning), and areas (namely those in outdoor spaces) and nearby services (entertainment and education).
In turn, Gonçalo Ponces, Head of Development at JLL, stated that “there is a growing demand from developers and investors to develop new residential projects in Cascais for an exclusive site. This land is a particularly attractive asset in this demand context, and it also has a site.” Main “next to Quinta da Marinha, which is one of the references in this part of Portugal,” he confirms.
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