Vanguard to Invest €25 Million in Luxury Flats in Lisbon

29 September 2020 – The luxury real estate developer, Vanguard Properties, which also owns the Herdade de Comporta, will invest 25 million euros to build two luxury five-floor apartment buildings in Graça, Lisbon.

Terraços do Monte consists of 6,000 m2 of surface area located on Rua Damasceno Monteiro in Lisbon. The development will have 28 one- to four-bedroom flats. The buildings will also have a shared pool, gym, health club, concierge service and a 63-car park.

The ARX Portugal architecture studio designed Vanguard’s new development. Construction will begin in 2021, lasting for two years, while sales are forecast to start in 2021.

Original Story: Jornal Económico – António Vasconcelos Moreira

Translation/Summary: Richard D. Turner