Half of the Flats in Lisbon’s Award-Winning N9 Project Already Rented

In Loco Investments announced that it’s marketing the N9 development located at Avenida de Madrid, in Lisbon.

The project won two of the most prestigious awards in the sector: the European Property Awards, where it was awarded first place in the categories “Apartment/Condominium Portugal” and the award “Residential Renovation/Redevelopment Portugal.”

The development will consist of seventeen flats and five commercial units in a typical 1950’s building, totally refurbished to the current standards of comfort. Next to the Avenida de Roma and Praça do Areeiro, the new development’s excellent location is another feature.

The flats, which have prices starting at 350,000 euros, range from one-bedroom apartments to a six-bedroom duplex. After the first phase of sales’ enormous success, where about 50% of the units were sold, the second phase will see another nine flats go on sale. 

The N9 development “is an excellent option for people looking to live in one of the most important regions of the capital, in a high-quality development, close to parks and esplanades, and to enjoy a vast array of shops, services and public facilities,” according to Group Director Vasco Champalimaud Jardim.

Prime Value Capital Management is developing N9, with Lucrivagest S.A. as Project Manager and CAL 30 Arquitectos as the design team.

In Loco Investments, which is leading sales, specialises in Portugal’s luxury real estate market. The company is looking to build a portfolio by carefully selecting luxury properties to offer the best of the market in the sector.