Acquire
Site secured and demolished in Q1 2026.
R
RESIDENTIAL DEVELOPMENT · BARREIRO, LISBON
Arena
Eleven compact homes on Lisbon’s south bank, twenty minutes from the city by ferry.
PIP APPROVED · 7.2026IN SHORT
Arena is an eleven-home residential building in Barreiro, across the Tagus from Lisbon, developed by Realization as GP and development manager. The site is acquired and cleared, the information request (PIP) is approved, and construction is planned for 2026–27.
- homes · 1×T0, 9×T1, 1×T2
- 11
- net sellable area over 5 floors
- 596 m²
- ferry to Terreiro do Paço
- 20 min
- planned path from acquisition to exit
- ~24 months
CASE STUDY
Problem. Approach. Outcome.
- The problem
- Greater Lisbon is short of good homes below the luxury segment. Young professionals are priced out of the centre, while Barreiro’s stock is old and inefficient.
- The approach
- We changed the mix away from slow T2/T3 flats to smaller homes: one T0, nine T1 and a T2 penthouse, each designed to qualify for Portugal’s under-35 first-home tax exemption.
- The outcome
- Site acquired and demolished (Q1 2026). Information request (PIP) approved (July 2026). Next: the licensing application, then funding and construction.
HOW IT WORKS
Site → licence → build → sell.
A single dedicated company (SPV) with Realization running day-to-day execution.
PIP
Information request approved in July 2026.
License
Next: submit the licensing application.
Fund & build
Equity and bank facility; a 12–15 month build.
Sell
Units sized for young buyers.
IMAGES
The work, shown.
Note. Renders are design-stage images and may change. Financial terms are shared only with qualified capital partners, on request. Nothing here is an offer of securities.
Source. Arena project data, 2026. Figures as of September 2026.
NEXT STEP
Capital partner? Start with a call; details under NDA.
Or book a 20-minute intro call with Asaf.