€6.5M - 101 Unit Senior Living & Mixed-Use Development (PIP Approved) - Almada, Portugal
Total Land Area: 5.3 hectares
Approved Gross Construction Area: 21,000m²
Approved Project: Senior residence (101 units), medical buildings, and single-family homes
Key Features:
101 residential units:• 45 T0 studios• 47 T1 apartments• 9 T2 units with patios
Project split across 3 parcels:• Dedicated senior residence• Two lots for offices and housing
Strong layout: 83 units above ground, 18 below
Excellent connectivity via metro, train, bus, and boat
Proximity to beaches, hospitals, and university campuses
Investment Highlights:
Located in Almada, part of Lisbon’s high-growth South Bank
PIP-approved development aligned with local planning regulations
Dual potential: senior living or student residence conversion
Growing demand for elderly housing and medical infrastructure
Flexible concept allows programmatic adaptation for investors
Sandra Toste
50/50