A week after the launch of its largest project ever – Almar South Living, the name of the project of 514 apartments to be built in Almada, with an investment of 130 million euros, Habitat Invest now announces the launch of a new real estate project, to be built in Oeiras.
This is the conversion of the former Dafundo printing factory, located on Rua Sacadura Cabral, into a residential complex called The UpperCase, which will house 73 apartments, with areas ranging from 43 to 155 square meters, six “villas” in the style of “townhouses”, a mansion (T5) and an area commercial.
Habitat Invest pledged, in a statement, that the loft “reflects the preservation of the architectural memory of the building’s façade, as well as the renovated, modern, and upscale interior style.”
Signed by Gavinho Architecture & Interiors, the project has apartment types ranging from T0 to T4 for sale.
The real estate developer, which is jointly owned by CEO, Luis Courier de Barros, and “Chairman of the Board,” Felipe Soares Franco, former president of Sporting, has not disclosed the investment value or sale prices.
says Silvia Pais-Lopez, marketing and sales director for Habitat Invest.
Sílvia Pais Lopes assures that UpperCase will have “many exceptional features”, such as “gym space and ‘lounge’ area on the ‘roof’ with swimming pool, as well as proximity to beaches and nature”.
In addition to Almar – South Living and The UpperCase, Habitat Invest has already launched three more projects this year – Rocio (36 tourist apartments next to Rossio, in Lisbon), Aurya Phase II (in Loures) and “Plátanos – The Lines of Nature”, with 13 houses, in Cascais.
After investing more than 150 million euros in recent years in promoting 13 projects, consisting of 37 shops, 396 apartments and 104 hotel rooms, Habitat Invest reveals that the projects it is implementing “represent an investment of more than 620 million euros (17 projects that include more than 1,800 units).
Habitat Invest presents itself as “one of the major ‘players’ in the Portuguese real estate sector that currently acts as a local partner for large institutional investors, such as Bain Capital Credit and Patron Capital Partners, as well as several ‘family offices'”.
(The news was updated at 14:48)
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