Insights

Penha Living Closer is born from a clear vision: to live the city with greater proximity to people, places, light, and the everyday moments that matter. In one of Lisbon’s most authentic and residential neighbourhoods, the project stands as a response to contemporary life: balanced, simple, functional, and deeply connected to natural comfort. Here, architecture is not just aesthetics: it is experience, sensation, and a way of inhabiting.

The new luxury is simple, natural and authentic. Discover how ADDSOLID creates homes with purpose, designed for well-being and inspired by the essence of natural materials.

We live in a time when true luxury is no longer about ostentation, but essence. Where we once sought grandeur and abundance, we now value calm, authenticity and naturalness. The way we inhabit a space says a lot about who we are, and the home stops being just a refuge to become a place with purpose: designed for well-being, made of materials that breathe, that transform over time and tell stories. At ADDSOLID, we believe that luxury lies in simplicity that endures, in the harmony between form, function and nature.

For decades, urban development was synonymous with expansion. Growth meant building anew, often without considering what already existed. Today, that paradigm has shifted. Cities face the challenge of reinventing themselves within their own boundaries, and urban rehabilitation emerges as a natural response to a new environmental and social awareness.

The Portuguese real estate market has changed. Today, the value of a property is measured not only by its investment potential but also by the quality of life it offers.

At Addsolid, we believe that building is more than erecting structures, it’s about responding to new ways of living. Buyers now invest consciously, demanding comfort, sustainability, and authenticity.

This article explores who these new buyers are, what they value, and how they make decisions, offering insights for developers and projects that want to align with this new way of inhabiting.

Lisbon is a city made up of neighborhoods with soul, places where time leaves its mark, where people know each other, and where the city reinvents itself every day. Penha de França is one such neighborhood: discreet, authentic, increasingly sought after by those who want to live with quality, centrality, and identity.

Located between Arroios, Graça, and Areeiro, Penha de França has managed to preserve its residential character over the decades, maintaining a peaceful lifestyle, tree-lined streets, traditional shops, and a strong connection to the local community. But what makes this neighborhood truly special is the way it combines history with a new urban energy that is beginning to be noticed in the architecture, cultural spaces, urban regeneration, and diversity of its residents.

A privileged location with a view to the future

The Penha de França neighborhood is strategically located on one of Lisbon's hills, offering breathtaking views of the city and the river. This elevation is not only geographical, it is also symbolic: the neighborhood is rising on the radar of those looking for a central residential area, well served by transportation and with a still balanced cost of living.

With direct links to the historic center, the eastern part of the city, and the north-south axis, Penha de França benefits from an excellent public transport network and road access. In addition, it is part of a consolidated urban fabric, with schools, health centers, local shops, green areas, and a neighborhood atmosphere where you can still feel the essence of Lisbon.

Urban regeneration and enhancement underway

In recent years, Penha de França has been the scene of several rehabilitation projects, both in old buildings and in public spaces. One of the most important is the redevelopment of Vale de Santo António, which aims to return a forgotten area to the city, transforming it into a green space for leisure and soft mobility, with a strong impact on urban well-being and environmental quality.

This type of intervention is essential for the revitalization of the area, enhancing its attractiveness to new residents and investors. The modernization of urban infrastructure, combined with the preservation of architectural heritage, creates a balanced environment where tradition and modernity coexist in harmony.

New housing with identity

The transformation of the neighborhood is not only based on existing buildings. New residential architecture plays a crucial role here, with projects that respond to the needs of a modern city while respecting the scale, aesthetics, and history of Penha de França.

In this context, residential developments are emerging that focus on quality, efficiency, and integration into the urban fabric, attracting a new generation of residents seeking to live in comfort, safety, and connection to the neighborhood.

Projects such as Penha Living Closer and Penha Living Bolder reflect this new phase: buildings with contemporary design, diverse typologies, energy efficiency, and a location designed for those looking to invest or live in a neighborhood with soul and potential for appreciation.

A neighborhood undergoing conscious transformation

The true value of Penha de França lies in its ability to renew itself without losing its essence. Here, you don't live in a "trendy" area, you live in a neighborhood with layers of history and memories, but one that knows how to embrace the present and prepare for the future.

This balance between what already exists and what is yet to come is what makes Penha de França an emerging area with solid arguments for living, investing, and growing. A neighborhood where quality of life is built every day, at the pace of those who live there.

Are you looking for a new home in one of Lisbon's most promising neighborhoods? Discover the projects on sale in Penha de França and find the right place to live with identity.

The residential market has undergone profound changes in the last decade, driven by transformations in the way we work, live, and relate to the space we inhabit. Whereas before the ideal home was almost always large and well-defined, today the demand for compact and flexible homes has gained relevance, becoming a real estate trend that is here to stay.

There are several reasons behind this phenomenon: the increasing value of location, urban mobility, the rise of smaller families, the need to make every square meter count, and the desire for more efficient and sustainable homes.

Mobility and housing: why is access an essential criterion when choosing a home?

When choosing a home, it is common to prioritise factors such as floor space, sun exposure, the presence of a balcony or garden, or even market value. However, there is one factor that is becoming increasingly important in purchasing and rental decisions: mobility. The quality of access, connections to major roads and proximity to public transport have become decisive factors in the quality of housing and property values.

We live in an age where time and convenience are scarce commodities. Having a comfortable home but with long, inefficient or poorly served transport links is often an obstacle to quality of life — and, ultimately, to the choice of property.

Estoril, more than just beaches and luxury: why does it continue to attract those looking for a good life? When you think of Estoril, it's easy to conjure up images of iconic beaches, historic hotels, seaside mansions and afternoons spent at the Casino. But there is much more behind the prestige of the area. Estoril has managed to maintain its classic aura while modernising, attracting a new generation of residents — both Portuguese and foreign — in search of quality of life, sophistication and balance.

Today, Estoril continues to assert itself as one of the most desirable places to live in the Lisbon region. And this is no accident. Here, lifestyle meets convenience, the sea meets architecture, and tradition meets urban innovation. Living well in Estoril is more than a privilege: it is a choice with solid foundations.

• O Castelo Branco Saraiva Apartments & Townhouses representa um investimento de 6,5 milhões de euros e irá transformar um quarteirão da Penha de França com habitação contemporânea e funcional.

Portugal continues to be one of the most attractive destinations for those looking to invest safely and consistently. Among the various options available, property maintains a privileged place in the portfolios of those looking to protect capital and generate value in the medium and long term. And within the sector, there is a trend that is becoming increasingly consolidated: investing in new property.

Buying a new property is much more than an aesthetic preference. It's a strategic decision, based on objective factors ranging from energy efficiency to the potential for appreciation, as well as ease of maintenance and attractiveness on the rental market.

For a long time, living outside Lisbon was seen as a compromise: more space and tranquillity in exchange for time lost in traffic, less access, fewer services on offer. But this perception is changing. The evolution of infrastructures, the consolidation of teleworking and a growing demand for quality of life are reconfiguring the residential map of the Lisbon Metropolitan Area.

It's in this context that cities like Setúbal are asserting themselves as increasingly consistent and desirable alternatives. Just 30 minutes from the capital, Setúbal offers a more serene pace of life, privileged natural surroundings, increasing accessibility and market prices that are still far from the city's pressure. For many, it is the perfect synthesis between the urban and the natural, between safe investment and a return to what really matters: living with space, time and balance.

In recent years, the Estoril Coast has established itself as one of the most prestigious areas to live in Portugal, attracting both Portuguese and foreigners in search of quality of life, sophistication and contact with the sea. With a privileged location, just a few minutes from Lisbon and with direct access to the Atlantic, this region is one of the most sought-after destinations for those looking for a property with lasting value, natural beauty and proximity to everything essential.

Living in Estoril is synonymous with a balance between tradition and modernity. Here, the noble past of the Portuguese Riviera blends with a dynamic present, where modern architecture, green spaces, the sea and culture coexist in one place. The neighbourhood continues to charm with its peaceful atmosphere, proximity to nature and excellent infrastructure.

Natural light is one of the most valued elements in contemporary architecture. Far beyond an aesthetic issue, the way light enters, travels through and transforms a space has a direct impact on the comfort, functionality and even the health of its inhabitants.

In residential and urban projects, the management of natural light has become an essential criterion in the design of interiors and façades. Modern architecture in Portugal has been exploring this resource with sophistication, optimising its use through solutions that promote energy efficiency, well-being and the enhancement of properties.

Sustainability is increasingly a priority and is transforming the way we live, build and invest. In the property sector, this change is visible in the adoption of new practices and standards that favour energy performance, comfort and reducing environmental impact. One of the most relevant approaches in this context is the NZEB concept - Nearly Zero Energy Buildings.

In Portugal, this standard is beginning to gain momentum, especially in residential projects that combine contemporary design, energy efficiency and environmental commitment. Among the most innovative examples is Azure, promoted by Addsolid, a development that fulfils the NZEB criteria and represents a new generation of sustainable homes in Portugal.

In this article, we explain what NZEB buildings are, what their benefits are and why they represent the future of residential construction.

In recent years, the property market in Portugal has been one of the most dynamic and attractive sectors for domestic and foreign investors. The combination of a stable climate, high quality of life, security and continuous property appreciation makes the country a favoured destination for those wishing to invest in real estate assets.

However, to ensure a safe and profitable investment, it is essential to know the key factors of the market, from the best locations to the associated costs and opportunities for appreciation. This guide presents the main aspects you should consider before investing in property in Portugal.

1. Why Invest in Property in Portugal?

Portugal has consistently been ranked as one of the best countries to invest in property, due to factors such as:

            - Resilient and growing market - Despite economic fluctuations, the Portuguese property sector is on an upward trajectory.

            - High rental demand - In cities like Lisbon and Porto, demand for housing continues to outstrip supply, guaranteeing good occupancy rates for investors.

            - Infrastructure and quality of life - The country offers a quality healthcare system, safety, accessibility and a vast cultural offer.

            - Attractiveness for foreign investors - The sector continues to attract international investment, especially in urban regeneration projects and luxury properties.

With these advantages, Portugal remains a safe bet for investors looking for long-term appreciation and consistent returns.

2. Types of Property Investment

Before going ahead with the purchase of a property, it is essential to define the purpose of the investment. Some of the most common options include:

a) Purchase for Long-Term Rental

            - Stable and predictable profitability.

            - High demand in cities such as Lisbon, Porto and Faro.

            - Tax advantage for landlords offering long-term contracts.

b) Rental for Tourism and Short-Term Rental

            - Possibility of higher yields than traditional rentals.

            - Greater need for active property management.

            - Variable regulations depending on the municipality (AL licensing).

c) Buying for Valuation and Resale

            - Interesting strategy in areas undergoing redevelopment or with new urban developments.

            - Higher return in the medium to long term.

            - Depends on a good analysis of the market and the location's potential for appreciation.

Regardless of the strategy chosen, the choice of location and type of property are fundamental to ensuring a successful investment.

3. Strategic investment locations

Portugal's main cities and regions have different investment profiles, with some of the most attractive areas being:

Lisbon - Urban Centre and Emerging Areas

Lisbon continues to be the main hub for property investment in Portugal. In addition to the consolidated premium areas such as Avenida da Liberdade, Chiado and Príncipe Real, new areas have been standing out for their potential to increase in value.

Penha de França is an example of an area in full transformation, with strong residential demand and new urban regeneration projects. Penha Living Closer, by Addsolid, is an excellent example of a development that combines tradition and modernity, with a rehabilitated building that preserves the identity of the neighbourhood while offering modern typologies and unobstructed views over the river.

Porto - A Solid Investment Alternative

The country's second largest city has maintained steady growth in the property sector, with high rental demand and new opportunities in the Baixa, Boavista and Matosinhos areas.

Algarve - Tourist Profitability

The Algarve continues to be a destination of choice for investors looking for short-term rental properties, with high demand from international tourism.

Setúbal - Quality of Life and Development Potential

Setúbal has established itself as one of the most interesting emerging markets, combining proximity to Lisbon, quality of life and property growth. Jardins de Santiago, by Addsolid, exemplifies this commitment, offering a sophisticated residential concept in full connection with nature and the beaches of Arrábida.

4. Investment Costs and Taxes

When investing in property in Portugal, it is essential to consider the costs and taxes involved in the process of acquiring and maintaining the property:

            - IMT (Municipal Property Transfer Tax) - Paid at the time of purchase, varies according to the value of the property.

            - IS (Stamp Duty) - Normally 0.8% of the purchase price.

            - IMI (Municipal Property Tax) - Annual rate that can vary between 0.3% and 0.45%.

            - Maintenance and condominium costs - These depend on the type of property and location.

            - Tax regime for foreign investors - Programmes such as the Non-Habitual Resident Status (NHR) offer tax benefits to those who decide to invest and reside in the country.

5. Addsolid Projects: Investment Alternatives in Lisbon and Setúbal

Addsolid has been developing distinctive developments that combine sustainable development, sophistication and energy efficiency, making them excellent investment opportunities.

Penha Living Closer - Rehabilitation and Development in Lisbon

Located in Penha de França, Penha Living Closer is a perfect example of property investment in Lisbon. With 5 floors and types ranging from studio to three-bedroom, this project combines the preservation of architectural heritage with modernity and comfort, guaranteeing a high potential for appreciation.

Find out more about Penha Living Closer → [link to website]

Jardins de Santiago - Quality of Life and Growth in Setúbal

For those looking for a solid investment outside the capital, Jardins de Santiago offers an excellent relationship between quality of life and property appreciation. This development of 12 villas is located in one of the region's most promising areas, benefiting from its proximity to the Arrábida Natural Park and the growth of the residential market in Setúbal.

Get to know Jardins de Santiago → [link to website]

Portugal continues to be an attractive destination for property investment, offering a stable market, high demand and excellent opportunities for appreciation. By choosing the right location and type of property, you can guarantee a profitable and secure investment.

Addsolid's developments reflect the main trends in the sector, combining quality, innovation and a strong commitment to urban regeneration and sustainability.

If you're looking for a distinctive investment opportunity, take a look at our projects and discover how you can guarantee a property of excellence.

Would you like more information? Get in touch with us.

Contemporary architecture in Portugal has established itself as a reflection of innovation, sustainability, and the integration of past and future. In recent years, the country has witnessed an evolution in the sector, with projects that combine minimalist design, energy efficiency, and new construction technologies.

Whether in urban rehabilitation or the creation of new developments, Portuguese architects are designing spaces that blend functionality, aesthetics, and environmental consciousness. But what are the main trends shaping the future of architecture and design in Portugal?

Discover the key influences defining the most innovative projects in the national real estate market.

O mercado imobiliário de luxo em Portugal continua a apresentar oportunidades estratégicas para promotores e investidores. Em entrevista ao Idealista, Tiago Cerdeira Pinto, Chief Operating Officer (COO) da Addsolid, destacou que este segmento se mantém resiliente, sendo um dos poucos em que ainda é possível desenvolver projetos com margens sustentáveis e uma procura estável.

Comprar casa em Lisboa continua a ser uma das melhores decisões para quem procura um investimento seguro e uma qualidade de vida diferenciada. A capital portuguesa mantém-se como um dos destinos imobiliários mais atrativos, tanto para habitação própria como para investimento, devido à sua localização estratégica, segurança, oferta cultural e valorização do mercado.

Nos últimos anos, Setúbal tem-se afirmado como uma das regiões mais procuradas para viver e investir em Portugal. Com uma qualidade de vida superior, proximidade a Lisboa, um mercado imobiliário em crescimento e paisagens deslumbrantes, esta cidade costeira oferece um equilíbrio perfeito entre natureza, comodidade e valorização imobiliária.

A proximidade ao mar tem sido, ao longo da história, um fator determinante na escolha de locais para viver. Desde os tempos antigos, acredita-se que o ar marítimo e o contacto com a água trazem inúmeros benefícios para a saúde e o bem-estar. Hoje, essa premissa continua a ser uma verdade incontornável. Para quem procura um estilo de vida equilibrado, viver junto ao mar não é apenas um luxo – é um investimento em qualidade de vida.

Fotografia de Laura Deus

• Empreendimento da Addsolid reflete a conexão entre design, sofisticação e identidade dos espaços

Jardins de Santiago consists of 12 three and four bedroom townhouses. Available from 495,000 euros, the villas are scheduled for completion in April 2025.

Addsolid, which specializes in property development and investment, has announced the sale of the 'Jardins de Santiago' development, a project that promises to “redefine the concept of residential housing” in the Setúbal region.

Representing an investment of 4.5 million euros, the development consists of 12 three and four bedroom townhouses, designed to offer a balance between “comfort, sophistication and sustainability”.

“We believe that this development reflects our commitment to creating spaces that offer not only quality of life, but also excellent value potential for investors and buyers,” says Tiago Cerdeira Pinto, Addsolid's chief operating officer (COO).

“Setúbal combines a stunning natural environment with growing urban infrastructure, making it a natural choice for the development of this project,” he added.

Each villa has areas ranging from 162 square meters (m2) to 199 m², with modern finishes, open or integrated kitchens and large openings connecting the interiors to porches and outdoor terraces. The properties also have private garages, balconies and exclusive outdoor spaces, as well as a garden with a restricted-use swimming pool, offering a peaceful and safe environment for residents. The villas are available from 495,000 euros and are scheduled for completion in April 2025.

Jardins de Santiago is designed to attract a wide range of buyers, including families, young couples and professionals, but also national and international investors looking for properties with “strong appreciation potential”, attracted by the “sustainable growth” and “growing demand for housing in the region”.

The Jardins de Santiago residential development in Setúbal is already on the market, with prices ranging from 495,000 to 625,000 euros per house.

Located in Setúbal, close to the Arrábida Natural Park and the beaches of Portinho da Arrábida and Figueirinha, Jardins de Santiago is a residential development with an investment of 4.5 million euros. The real estate developer Addsolid has already announced the official marketing of the development.

Consisting of 12 townhouses of types V3 and V4, each unit has areas ranging from 162 m² to 199 m², with modern finishes, open or integrated kitchens and large openings connecting the interiors to porches and outdoor terraces.

The properties also have private garages, balconies and exclusive outdoor spaces, as well as a garden with a restricted-use swimming pool. The villas are available from 495,000 euros and are scheduled for completion in April 2025.

“We believe that this development reflects our commitment to creating spaces that offer not only quality of life, but also excellent appreciation potential for investors and buyers,” says Tiago Cerdeira Pinto, Addsolid's Chief Operating Officer (COO). “Setúbal combines a stunning natural environment with growing urban infrastructure, making it a natural choice for the development of this project,” he added.

Jardins de Santiago is aimed at families seeking comfort and exclusivity, young couples and professionals looking for proximity to Lisbon, and investors attracted by the potential for growth and the growing demand for housing in the Setúbal region.

The real estate developer from Carnaxide is currently building a residential development in Setúbal, Jardins de Santiago, with prices ranging from 495,000 to 625,000 euros per house.

Dedicated to the investment, development and promotion of residential real estate projects in the Lisbon metropolitan area, Addsolid guarantees that, over the last eight years, it has invested “more than 70 million euros in equity”, accumulating a portfolio made up of nine projects, both completed and underway, including 173 housing units, with a total construction area of more than 26,000 square meters.

One of Addsolid's ongoing projects is called Jardins de Santiago.

Located in Setúbal, close to the Arrábida Natural Park and the beaches of Portinho da Arrábida and Figueirinha, it is a residential development comprising 12 three and four bedroom townhouses, with areas ranging from 162 to 199 square meters.

The cheapest costs 495 thousand euros and the most expensive 625 thousand euros.

“We believe that this development reflects our commitment to creating spaces that offer not only quality of life, but also excellent appreciation potential for investors and buyers,” says Tiago Cerdeira Pinto, Addsolid's COO, who estimates the investment in Jardins de Santiago at 4.5 million euros.
Read more
LX Capital converts historic building in Junqueira into luxury homes priced from 680,000 to 1.5 million euros

Signed by SSC Arquitetos, Jardins de Santiago is scheduled for completion in April.

The real estate developer from Carnaxide is currently building a residential development in Setúbal, Jardins de Santiago, with prices ranging from 495,000 to 625,000 euros per house.

Dedicated to the investment, development and promotion of residential real estate projects in the Lisbon metropolitan area, Addsolid guarantees that, over the last eight years, it has invested “more than 70 million euros in equity”, accumulating a portfolio made up of nine projects, both completed and underway, including 173 housing units, with a total construction area of more than 26,000 square meters.

One of Addsolid's ongoing projects is called Jardins de Santiago.

Located in Setúbal, close to the Arrábida Natural Park and the beaches of Portinho da Arrábida and Figueirinha, it is a residential development comprising 12 three and four bedroom townhouses, with areas ranging from 162 to 199 square meters.

The cheapest costs 495 thousand euros and the most expensive 625 thousand euros.

Located in Setúbal, close to the Arrábida Natural Park and the beaches of Portinho da Arrábida and Figueirinha, this is a residential development made up of 12 three and four bedroom townhouses, with areas ranging from 162 to 199 square meters.

The cheapest costs 495 thousand euros and the most expensive 625 thousand euros.

“We believe that this development reflects our commitment to creating spaces that offer not only quality of life, but also excellent appreciation potential for investors and buyers,” says Tiago Cerdeira Pinto, Addsolid's COO, who estimates the investment in Jardins de Santiago at 4.5 million euros.
Read more
LX Capital converts historic building in Junqueira into luxury homes priced from 680,000 to 1.5 million euros

Signed by SSC Arquitetos, Jardins de Santiago is scheduled for completion in April

"Acreditamos que este empreendimento reflete o nosso compromisso com a criação de espaços que oferecem não apenas qualidade de vida, mas também um excelente potencial de valorização para investidores e compradores", considera Tiago Cerdeira Pinto, COO da Addsolid, que estima o investimento no Jardins de Santiago em 4,5 milhões de euros.
Leia Também
LX Capital converte edifício histórico na Junqueira em casas de luxo com preços de 680 mil a 1,5 milhões

Assinado pelo gabinete SSC Arquitetos, o Jardins de Santiago tem conclusão prevista para abril.

• O projeto imobiliário situa-se em Setúbal e tem conclusão prevista para abril de 2025

• Representou um Investimento de 4,5 milhões de euros e inclui 12 moradias exclusivas em banda

A Addsolid, empresa portuguesa especializada na promoção e investimento imobiliário, anuncia a comercialização oficial do empreendimento Jardins de Santiago, um projeto que promete redefinir o conceito de habitação residencial na região de Setúbal. Representando um investimento de 4,5 milhões de euros, o empreendimento é composto por 12 moradias em banda de tipologias V3 e V4, cuidadosamente projetadas para oferecer um equilíbrio entre conforto, sofisticação e sustentabilidade.

Cada moradia possui áreas que variam entre 162 m² e 199 m², com acabamentos modernos, cozinhas abertas ou integradas e amplos vãos que conectam os interiores a alpendres e terraços exteriores. As propriedades contam ainda com garagens privativas, varandas e espaços exteriores exclusivos, além de um jardim com piscina de uso restrito, oferecendo um ambiente tranquilo e seguro para os residentes. As moradias estão disponíveis a partir de 495.000€ e têm conclusão prevista para abril de 2025.

The company that is investing 30 million euros in Quinta da Freixeira, in Loures, is the promoter of a luxury residential development in Cascais with prices of up to 2.9 million euros.

Addsolid - Real Estate Investment, based in Amadora, started its activity half a dozen years ago and currently has two dozen real estate assets in its portfolio, both for sale and for rent.

Developers of projects such as the Montisnávia building or Castelo Branco Saraiva, both in Lisbon, Addsolid has its largest investment underway, budgeted at 30 million euros, in the construction of the Quinta da Freixeira project, in Loures, which consists of 45 detached houses and 38 apartments.

Meanwhile, the company led by Pedro Leite Fragoso landed Azure Estoril in Cascais, the name of the development it is building in São João do Estoril.

Aimed at the “premium” segment and scheduled for completion next summer, the price of each of its seven villas (five T4 and two T5) varies between 2.1 million and 2.9 million euros.

“With private areas ranging from 291 to 319 square meters, each of the villas is spread over three floors and consists of three suites, a master suite with a walking closet and the others ensuite, on the 1st floor, with one or two more rooms on the -1st floor with natural light, a bathroom to support the pool, a room with pre-installation for a sauna, a laundry room, a garage with two parking spaces and an elevator,” Re/Max Collection, which is marketing this residential complex, said in a statement.

“Each villa includes a rooftop lounge, with a large solarium and a living area equipped with an outdoor fireplace on the roof,” and a garden ‘with tropical inspiration, including a private infinity pool,’ the real estate company points out.