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CASTELHANA and PRIME Portugal present Liberdade 49

Premium project reinforces timeless sophistication of Av. da Liberdade in Lisbon

CASTELHANA, a reference company in Portuguese real estate, specialized on the launch of premium projects in Lisbon and Porto, presents the renovated Liberdade 49, an iconic building and the latest residential project available at Av. da Liberdade.

The Liberdade 49 was developed by Prime Portugal Investment Advisory, a new generation of private equity and property management companies. It reflects the signature design of the renowned architect Ana Costa, who has successfully combined the respect for the historic timelessness with the trendiness and sophistication of contemporary Lisbon.

Patricia Clímaco, Partner at CASTELHANA in Portugal, “This is one of the last buildings of Avenida da Liberdade that will be converted to housing, and the ground floor will continue to host a commercial space. The Liberdade 49 apartments will be unique, not only because they are in one of the most exclusive districts of the city, but also because it combines the contemporary and historical references of the city of Lisbon. We have already started with the presentation of the project to a large portfolio of national and international clients. Portugal, Brazil, France and Dubai are our main targets”.

Federico Rosales, Managing Director at Prime Portugal reinforces how “Liberdade 49 is ideal for those looking for the tourism and lifestyle mix of Lisbon. The potential for this building’s valorization is obvious, considering its location at Avenida da Liberdade, where the offer is now very low. The Liberdade 49 apartments offer the best experience in town for those looking for an elegant urban option, a nice family house or a new real estate investment. On the other hand, the current political environment and tax incentives put Portugal, and especially Lisbon, in a favorable position in Europe. International companies are moving to the city, focusing on areas such as technology and sustainability. Prime Portugal wants to keep up with this growth, focusing on the Prime segment, but also on developing other smart real estate solutions for the local market”.

This new project includes 16 new apartments – 1, 2, 3 bedroom apartments and a 4 bedroom penthouse. Apartment’s areas start at 70m2 up to 333m2 considering the penthouse interior area that also has an outdoor rooftop of 130m2, with private pool and a stunning views of São Jorge Castle and the Tagus river. Castelhana is responsible for the commercialization of this new development, with prices between 621,600 euros and 5,970,000 euros.

The external panels, torn by large sliding windows that illuminate each apartment, ensure a facade that combines modern and traditional, with an impressive bronze-colored aluminum finishing. With luxury interior details, it will combine noble materials such as oak and marble. Concerning technology, it will feature home automation and video concierge solutions.

Liberdade 49 has a total building area of 3,035 m2. Use will be residential and commercial, and it is expected to be completed on the first half of 2021.

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