Palmela 21

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Sunday, May 15, 2016 - 12:31

A chinese investor bought the building Duque de Palmela, 21, to rehabilitate. Located next to the Marques de Pombal and Avenida da Liberdade, this property has an approved project for housing is planned rehabilitation of both the facade and interior.

The project, according to real estate consultant Jones Lang LaSalle, who brokered the deal, includes a residential area of ​​1,650 square meters, spread over seven floors, with the possibility of development of 7 or 18 apartments, according to the more or less typologies dimension may be designed.

The property also has 3 basement floors, with an area of ​​1,230 square meters, parking with capacity for 23 vehicles.

Fernando Ferreira, Director of JLL, points out that "the high demand from private buyers Chinese in the Golden View, created conditions for Chinese institutional investors seek in Portugal, namely in Lisbon, residential development projects to later put the apartments together of their fellow citizens. "

Joan Maas, responsible for business with Chinese investors in JLL, stresses that "the international institutional investment has also leverage many of the projects were stopped and no brief prospect of realization. Thus, the present effort in order to boost the center of Lisbon and rehabilitate the buildings that are part of it, find new partners who also believe in the tourist potential of the city. " 

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