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In a joint venture with Grupo Santo, Re Capital, a renowned property company specialising in repurposed real estate in Europe’s cosmopolitan cities, is set to embark on a groundbreaking luxury residential project in Cascais, Portugal. The Bellevue project, encompassing 14 high-end apartments with a Gross Development Value (GDV) of €40 million, is expected to become a marquee development in one of Lisbon's most exclusive suburbs.
Cascais, a picturesque coastal town known for its elegant villas, breathtaking landscapes, and vibrant cultural scene, has long been a hotspot for luxury real estate. RE Capital’s Bellevue project, designed in collaboration with local developer Grupo Santo, aims to set new benchmarks in this prestigious area by combining exquisite design, sustainability, and unparalleled comfort.
Spanning 11,300 square metres above ground, Bellevue is the first of two high-end projects to be developed in Cascais by RE Capital and Grupo Santo. The project is expected to break ground in Q1 2024, with completion scheduled for 2025. Its strategic location in one of the most desirable parts of Cascais ensures that it will attract discerning investors and residents seeking a premium lifestyle.
Bellevue's 14 unique apartments, designed by ARX Portugal – Arquitectos, are set to exemplify elegance and sophistication. The architectural design prioritises both aesthetics and functionality, offering spacious layouts, high-quality materials, and state-of-the-art amenities. This commitment to meticulous craftsmanship and innovation positions Bellevue as a landmark development in the luxury residential market.
Cascais is renowned for its charm and beauty, making it a magnet for luxury real estate. Its colourful fishing villages, visually striking beaches, and historic landmarks contribute to its allure. The town's close proximity to Lisbon, along with its high-end shops, gourmet restaurants, and upscale establishments, make it a desirable location for those seeking a mix of relaxation and urban convenience.
Olivier Hezelot, Head of Europe at RE Capital, highlighted the unique appeal of Cascais: "Cascais offers a world of wonder for travellers seeking an authentic and unforgettable experience. From the colourful fishing villages to the visually striking beaches – every corner of Cascais is a feast for the senses. Historic demand for this area sends a clear signal to investors that this is an opportunity rife for growth."
The joint venture between RE Capital and Grupo Santo represents a meeting of minds focused on quality, innovation, and a shared commitment to creating exceptional living spaces. Bellevue is the culmination of decades of experience in the real estate market, bringing together two companies with a proven track record of success.
Newman Leech, CEO of RE Capital, emphasised the significance of the partnership: “Bellevue is a landmark development that showcases the pinnacle of luxury living in Cascais. Partnering with Grupo Santo strengthens our dedication to realising a vision of excellence and exclusivity for investors and future tenants.”
Paulo Santo, Vice-President of Grupo Santo, reflected on the company's deep roots in Cascais: “We have been operating in the real estate market for 50 years, and we know the potential of Cascais particularly well, whose urban landscape is intertwined with the history of Grupo Santo. With this promising partnership with RE Capital, we continue decades of work, based on quality and innovation, which guides our project and the choice of our partners.”
The Bellevue project is poised to become a cornerstone of Cascais's luxury real estate market. As construction begins, the development's focus on high-end living and sustainability is expected to attract a new wave of interest in the area. The project's anticipated completion in 2025 reflects the joint venture's dedication to delivering a residential experience that embodies quality, innovation, and exclusivity.
Bellevue's strategic location, elegant design, and commitment to sustainability align with the evolving trends in luxury real estate. By creating a development that resonates with modern preferences, RE Capital and Grupo Santo are set to leave a lasting impact on Cascais, establishing Bellevue as a beacon of luxury and elegance in Lisbon's residential real estate market.
RE Capital's Bellevue project represents a significant milestone in Cascais's luxury real estate scene. With a focus on innovation, sustainability, and exquisite design, Bellevue is set to become one of the most desirable addresses in the region. As the project moves forward, the collaboration between RE Capital and Grupo Santo promises to deliver a unique and unparalleled residential experience that will set new standards for luxury living in Cascais and beyond.
RE Capital, Grupo Santo, Bellevue, luxury residential project, Cascais, Lisbon, planning permission, construction license, Olivier Hezelot, Newman Leech, Paulo Santo, ARX Portugal – Arquitectos, high-end apartments, luxury real estate.
Contact Info:
Name: Ben Monteith
Email: Send Email
Organization: RE Capital
Phone: +44 (0) 7341 131 536
Website: https://recapital.com/
Release ID: 89132424
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