Rua Castilho 52: Lisbon's smart business bairro
Rua Castilho 52 is located in Lisbon's "modern" city centre, framed by the lively Praça do Marquês de Pombal, the Eduardo VII Park with all its green and tranquil, and the stylish Avenida da Liberdade. Following AM ALPHA's acquisition of the office building in 2018, the former headquarters of the Spanish financial services provider Mapfre was completely refurbished and now offers almost 4,000 sqm of open-plan, light-filled office space as well as nearly 70 underground parking spaces – indeed an important asset for Lisbon.
Key Facts
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Full refurbishment
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Approx. 4,000 sqm of office space
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68 underground parking spaces
Preferred address
The location of Rua Castilho 52, right behind the Praça do Marquês de Pombal, could not be more appealing: The list of prominent company headquarters and international banks is long and include – amongst others – the Deutsche Bank. They all enjoy residing here, right next to Park Eduardo VII, Lisbon's large, old botanical garden, and the excellent connection to the old town, the seaside and the harbour. The atmosphere is business-like yet laid-back - a preferred place for contemporary, urban working.
Buy-to-Resell concept successfully implemented
The Rua Castilho 52 project is a success story, from purchase to refurbishment to resale. The refurbishment period was followed exactly, and the holding period of planned two years until the sale was undercut. In a nutshell: Buy-to-resell at best practice.
