Real estate projects are returning to the country. After the crisis several promoters took out some projects that were on paper and began to build. It was the case of RAR Imobiliária that decided to move forward with some of its portfolio, namely the first one here in Lisbon. Quinta do Paço, in Lumiar, has the signature of the architect Eduardo Souto de Moura and a year after its launch, José António Teixeira, CEO of RAR Imobiliária reveals that the project is already 40% sold, that is, seven houses in a total of 17 to be built, when not even the works started.
The responsible ensures that it is a differentiating project because within the city of Lisbon there are practically no housing condos. All have a private pool and interior patios, and feature the characteristic feature of their designer, Souto de Moura.
Read more (in portuguese): The time has come for real estate developers to return to major projects