Cascais Sees Record €75 Million Investment with New King's College International School Campus

King's College School Inaugurates €75 Million Campus in Cascais The Inspired Education Group has announced the official opening of its new King's College Sch...

By , in Construction Updates,
⏱️ 4 min read
9 views
0 shares
Featured image for article: Cascais Sees Record €75 Million Investment with New King's College International School Campus

King's College School Inaugurates €75 Million Campus in Cascais

The Inspired Education Group has announced the official opening of its new King's College School campus in Cascais, marking a significant development in Portugal's educational infrastructure. The project represents a total investment of €75 million, making it the largest single investment in a school in the country's history. The campus was inaugurated to coincide with the beginning of the new academic year.

The project's specifications are extensive, covering a total area of over 40,000 square meters. The campus is designed to offer a world-class educational environment with facilities that rival top international schools globally. The size and scope of the development are intended to cater to a growing demand for premium international education in the Lisbon metropolitan area, which has seen a surge in its expatriate population.

The construction timeline has culminated in the successful opening for the current school year. The development includes a wide array of high-end features, such as international-standard sports pitches, a 25-meter indoor swimming pool, a large pavilion suitable for major events, science laboratories equipped to a university-level standard, a modern auditorium, and dedicated spaces for various arts disciplines. In addition to the academic and recreational facilities, the school is launching a new boarding program with a residence capable of housing up to 50 students from the age of 13.

The financing for this ambitious project was provided by the Inspired Education Group, a leading global group of premium schools. This €75 million investment underscores the group's confidence in the Portuguese market and its strategy to expand its footprint in key locations that are attractive to international families. The project did not involve public funding and is a purely private sector development.

Regulatory approvals for the construction and operation of the school were secured from the relevant municipal and educational authorities in Portugal. The project adheres to all national standards for educational institutions and construction, ensuring a safe and high-quality environment for students and staff. The scale of the project required careful planning and coordination to meet all regulatory requirements.

The development incorporates several sustainability features, although these were not the primary focus of the announcement. Modern construction of this type typically includes energy-efficient systems for heating, cooling, and lighting, as well as water conservation measures, aligning with broader trends in sustainable building practices for large-scale institutional projects.

The local economic impact of the project is substantial. During the construction phase, it created numerous jobs in the region. In its operational phase, the school is a significant employer of teaching and administrative staff. Furthermore, the influx of international students and their families contributes to the local economy through housing, retail, and other services. The presence of a top-tier international school is a major draw for high-net-worth individuals and skilled expatriates, which can stimulate the premium real estate market in Cascais and the surrounding areas.

There has been strong market interest in the new school, with admissions reflecting the high demand. The launch of the boarding program is a strategic move to attract students from a wider geographical area, including those from abroad whose families are not relocating to Portugal. The school also demonstrated a commitment to social responsibility by awarding full boarding scholarships to two students from disadvantaged backgrounds through the Nsouli Scholars program.

The project required significant infrastructure to support its operations, including utility connections, access roads, and parking. These have been developed as part of the overall campus plan to ensure smooth and efficient functioning. The quality standards for the construction and the educational methodologies are benchmarked against the best international practices, as emphasized by John Leitão, CEO of Inspired Education Group in Portugal, who stated, “For the first time, we have a school that, in terms of infrastructure and quality, rivals the best in the world.”

Monitor new development opportunities at realestate-lisbon.com.

Comments

Loading comments...