New Oeiras Development 'Quinta do Alverde' Breaks Ground with Over 70% of Units Already Sold

In a powerful testament to the enduring strength of the Lisbon real estate market, construction has officially launched for Quinta do Alverde, a new €25 million private residential condominium in the highly sought-after municipality of Oeiras. Demonstrating exceptional buyer appetite, the developer, Grupo AM48, has already sold over 70% of the 61 units off-plan. This remarkable pre-construction sales velocity sends a clear and bullish signal to investors about the deep demand for premium, sustainable housing in Lisbon's prime suburban locations.

Strategically situated in Carnaxide, Quinta do Alverde is more than just a residential project; it's a carefully crafted living environment. The development spans 10,000 square meters of construction across two buildings, thoughtfully integrated with 4,600 square meters of private green spaces. This emphasis on balancing modern architecture with nature directly addresses the post-pandemic demand for lifestyle-oriented properties. The project's location within Oeiras, a municipality known for its business parks, international schools, and coastal charm, makes it a prime target for both affluent local families and expatriate investors. For a closer look at what makes this area attractive, our PDM analysis for Oeiras provides essential zoning insights.

The unit mix, originally ranging from T1 to T4 apartments with prices starting from €295,000, has already seen its smaller T1 and T2 typologies sell out completely. This leaves only a limited selection of larger T3 and T4 homes, sized up to 267 square meters, available. This pattern of demand strongly suggests a market of end-users and long-term investors seeking spacious, high-quality homes rather than small, speculative assets. The project's comprehensive amenities—including private parking with EV charging, a gym, pools, a sauna, and even a pet care space—further enhance its appeal to this discerning demographic.

Market Implications for Investors

The resounding success of Quinta do Alverde's launch offers several critical insights for real estate investors. Firstly, it validates the investment thesis for Lisbon's high-quality suburban markets. As central Lisbon becomes increasingly dense and expensive, municipalities like Oeiras are capturing significant value and demand. The strong off-plan absorption rate is a live data point proving the market's depth and willingness to commit capital to quality off-plan projects in Oeiras.

Secondly, the project's emphasis on sustainability is not just a marketing tool but a core value driver. The LEED certification and A/A+ energy rating are becoming benchmark requirements for premium developments. These features translate into lower running costs for residents and a more resilient long-term investment, better insulated against future energy price volatility and stricter environmental regulations. As our guide to sustainability outlines, green credentials are now a crucial component of property valuation.

Finally, the developer's community-focused approach, which included a voluntary rehabilitation of adjacent buildings, showcases a sophisticated, long-term strategy. This type of corporate citizenship builds a strong brand reputation and contributes to the overall uplift of the neighborhood, creating a positive feedback loop that enhances property values for all stakeholders. This is a hallmark of a mature and responsible developer, a key factor when assessing developer-related risks.

Grupo AM48's Strategic Vision

Developer Grupo AM48 has clearly articulated a vision that resonates with the modern market. Administrator Francisca Martins stated the project "translates how we see real estate: not just as square meters, but as quality of life, urban integration, and a commitment to the future." This holistic approach—combining aspirational design with pragmatic, sustainable construction—is precisely what today's investors and homebuyers are looking for.

By delivering a project that is both innovative and responsible, Grupo AM48 is building "lasting value." Their track record and philosophy make them a developer to watch in the Portuguese market. Investors looking for reliable partners should take note of firms that demonstrate this level of strategic thinking and community integration. Our directory of construction companies can be a valuable resource for identifying such partners.

The Oeiras Market: A Hub of Growth

The success of Quinta do Alverde is emblematic of the broader trends shaping the Oeiras real estate market. It is no longer just a suburb of Lisbon but a destination in its own right, with a unique set of attributes driving its growth.

• Economic Powerhouse: Oeiras is often dubbed the 'Silicon Valley of Portugal,' hosting a high concentration of multinational corporations and tech companies, which fuels a strong and stable professional tenant base.
• Educational Excellence: The presence of top-tier international schools and universities makes it highly attractive to expatriate families.
• Lifestyle and Leisure: With its long coastline, marina, parks, and high-quality public spaces, Oeiras offers an unparalleled quality of life.
• Strategic Connectivity: Excellent road and rail links provide quick and easy access to Lisbon's city center and international airport.

This powerful combination of economic dynamism and lifestyle appeal underpins the long-term investment case for Oeiras. The municipality is a core component of the Lisbon metropolitan area's growth story, as detailed in our comprehensive neighborhood guides.

Investment Considerations

For investors, Quinta do Alverde serves as a compelling case study in off-plan investment. The high pre-sale rate has substantially de-risked the project for later buyers and points towards a strong likelihood of capital appreciation by its completion in early 2028. The quick sale of smaller units suggests that investors looking to enter this market should be prepared to act decisively, particularly for the most in-demand typologies.

The emphasis on a full suite of modern amenities highlights the importance of a 'hotel-like' living experience in new premium developments. When analyzing opportunities, investors should look for projects that offer a comprehensive lifestyle package, as this is a key differentiator in attracting and retaining high-value tenants. To fully understand the financial implications of such an investment, using a tool like our property investment analyzer is essential. For legal support, our network of English-speaking real estate lawyers is available.

Future Outlook

The launch of Quinta do Alverde is a landmark event for the Oeiras market, setting a new benchmark for quality, sustainability, and market acceptance. It confirms that demand for well-designed, eco-conscious homes in prime locations remains exceptionally strong, a trend that is poised to define the next cycle of real estate development in the Lisbon region.

As this project progresses, it will be a beacon of modern, responsible development, and its success will undoubtedly attract further investment into Oeiras and surrounding areas. For investors looking to capitalize on this momentum, the time to explore the market is now. For expert guidance and access to exclusive opportunities, contact realestate-lisbon.com.