Mondego Capital Partners Place €50-Million Bet on Portuguese Real Estate

The real estate developer Mondego Capital Partners is growing its portfolio of projects with acquisitions in historic neighbourhoods.

Mondego Capital Partners

Mondego Capital Partners is focusing on Portuguese real estate with an additional investment of 50 million euros, the real estate developer said on Friday.

The investment involves a set of unique buildings for residential projects with special emphasis on creating large residential areas.

With the acquisition of new real estate projects in historic neighbourhoods such as Baja-Chiado/Alfama, Avenida Sidónio Pais and Avenida 5 Outubro, Mondego Capital Partners is boosting its portfolio of real estate projects with a total investment of 50 million euros in Lisbon.

Gonçalo Ahrens Teixeira, a partner at Mondego Capital Partners, said: “We are seeing a post-Covid growing demand for luxury residential projects, especially for large-area flats. With these recent acquisitions, we will be in a position to provide flats with areas exceeding 200 m2 to the market.”