Finangeste concluded Caldas Terrace

Finangeste concluded Caldas Terrace

This is a 10.5 million euro project resulted the recover of 5 unfinished buildings, featuring 73 new dwellings, gardens, swimming pool, shops and services. Half the dwellings have already been reserved and the commercial spaces will be marketed during the second stage of the project.

«This project was developed in line with a new urban strategy being implemented in this area within Caldas das Rainha, seeking to add value. It is integrated into an area with supermarkets, hotel, hospital and one gym», stated Paul Henri Schelfhout, Administrator at Finangeste.

«Finangeste investment is not limited to the Lisbon and Porto urban centres», added the administrator. «It is within our interest to build and invest in cities which have great potential. The investment in Caldas da Rainha shows that and we can say this bet was won», quoted Negócios.

Trindade Domus is the latest investment in Porto

At the end of June, already during the pandemic, Finangeste concluded the purchase of Trindade Domus, in Porto, from Substância Numérica. As confirmed to Iberian Property / Vida Imobiliária, this «operation was a joint venture with a reference British institutional co-investor» and represented a 40.5 million euro investment

Last Update 16/9/2020 at 11:52 am

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!