{"id":56751,"date":"2025-02-19T19:08:24","date_gmt":"2025-02-19T18:08:24","guid":{"rendered":"https:\/\/blog.urbanitae.com\/?p=56751"},"modified":"2025-02-19T23:46:27","modified_gmt":"2025-02-19T22:46:27","slug":"new-project-invest-in-branded-residences-in-lisbon","status":"publish","type":"post","link":"https:\/\/blog.urbanitae.com\/en\/2025\/02\/19\/new-project-invest-in-branded-residences-in-lisbon\/","title":{"rendered":"New Project! Invest in Branded Residences in Lisbon"},"content":{"rendered":"\n

We\u2019re back in Portugal with an exclusive project. This time, we\u2019re offering you the opportunity to invest in branded residences in the ultra-luxury segment in Lisbon. The project will be available for investment on Monday, February 24, at 4:00 PM (UTC+1).<\/strong> Here are all the details.<\/p>\n\n\n\n

The Overseas Residences project<\/a><\/strong> consists of an investment in the renovation of a luxury residential asset in a prime area of Lisbon.<\/strong> The project will include 11 apartments with balconies, a garden, shared pools, and 18 parking spaces.<\/strong> Additionally, the ground floor will feature a commercial unit. This is a branded residence<\/a> development that will be associated with a high-end brand.<\/p>\n\n\n\n

The asset is located at Pra\u00e7a Duque de Saldanha 11, Lisbon, next to Av. Da Rep\u00fablica. This is a fully consolidated area in the heart of Lisbon\u2019s financial district, offering all essential services.<\/p>\n\n\n\n

Overseas<\/a> is a real estate development company specializing in luxury projects, with a strong focus on ESG and electric mobility. The company has a solid track record in Portugal and Brazil, with over 500,000 square meters of construction. Led by CEO Pedro Vicente, a key figure in the Portuguese real estate sector, its team includes professionals with extensive experience in funds, banking, and real estate development. Overseas is also a member of the Portuguese Association of Real Estate Developers and Investors (APPII<\/a>), reinforcing its industry presence.<\/p>\n\n\n\n

Capital Gains Strategy<\/h2>\n\n\n\n

The Overseas Residences project<\/a> will be structured through a capital increase, where Urbanitae investors will contribute capital to the project\u2019s investment vehicle. The total project funding amounts to \u20ac4,070,500,<\/strong> which will be used to cover project costs not covered by the developer or bank until project completion.<\/p>\n\n\n\n

This investment vehicle is in discussions with a leading banking institution in Portugal and Spain<\/strong> to finance part of the asset acquisition and provide additional funding for 100% of the construction development.<\/p>\n\n\n\n

Overseas will be responsible for the project\u2019s full management, contributing 55% of the total investment value.<\/strong><\/p>\n\n\n\n

The developer has already secured a preliminary planning approval (PIP) for the construction of up to 16 units but has decided to reduce the number of residences to maximize luxury pricing. Construction is expected to begin in July 2025.<\/strong><\/p>\n\n\n\n

On the commercial front, the developer has already secured two preliminary reservations as a market test and plans to continue sales once construction begins. Sales prices have been validated through a Savills report.<\/strong><\/p>\n\n\n\n

Preferred Return of 17% IRR<\/h2>\n\n\n\n

Urbanitae has agreed with the developer that Urbanitae investors will have priority in returns. Specifically, Urbanitae investors will receive a preferred annual return of 17% IRR on their invested capital. This means that the developer will not receive profits or recover their own invested capital until Urbanitae investors have fully recovered their investment and earned an annual return of 17%.<\/strong><\/p>\n\n\n\n

In this video, the developer and our Director of Real Estate, Sergio Arana, explain the key aspects of the project:<\/p>\n\n\n\n

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