After years of dormancy, awaiting a chance for rejuvenation, the revered Almirante Reis 67A now stands poised for a remarkable transformation, thanks to Accure’s strategic intervention.

29 April 2024 –Accure, a distinguished national real estate developer renowned for its expertise in revitalizing Lisbon’s historic core, proudly unveils its latest endeavour: Avenida Almirante Reis 67A.

This ambitious rehabilitation project not only pledges to restore the grandeur of one of Avenida Almirante Reis’ most iconic buildings – linking Lisbon’s downtown to Praça do Areeiro and the Airport – but also underscores the company’s unwavering dedication to enhancing Lisbon's architectural heritage.

The marketing of this venture will be entrusted to Castelhana Real Estate and Savills.

Scheduled to commence in June 2024, the construction and revitalization of Almirante Reis 67A represent an investment exceeding 15 million euros—an endeavour poised to breathe new life into one of the capital’s most emblematic thoroughfares.

Nestled opposite the Banco de Portugal building, with convenient access to the Metropolitan Station, Almirante Reis 67A resides in the vibrant Anjos and Arroios area – hailed as the “coolest neighbourhood” in Europe by Time Out magazine.

Inspired by the New Classic movement, Almirante Reis 67A seamlessly marries tradition with quality and sophistication. Comprising 26 apartments, ranging from 1 to 3-bedroom typologies, each residence features parking and storage facilities in the basement, while the project also provides three commercial spaces on the ground floor.

Each apartment is meticulously crafted as a timeless masterpiece, adorned with unique details that reflect a profound passion for design and urban quality of life.

The restoration of this historic gem not only promises to enrich and elevate its bustling surroundings, but also serves as a testament to Accure’s unwavering commitment to excellence, sustainability, and innovation.

Miguel Aguiar, CEO of Accure, proclaims, “Accure takes immense pride in heralding a new chapter in the storied life of Almirante Reis 67A. This project stands as a testament to our steadfast belief in Lisbon’s vitality and future, while epitomizing our unwavering commitment to excellence and innovation. Almirante Reis 67A embodies a pivotal element of our mission: to create spaces that elevate urban living standards and foster vibrant, sustainable communities for generations to come.”

For Patrícia Clímaco, partner at Castelhana, “Joining forces with Accure to launch this unparalleled development, Almirante Reis 67A, fills us with immense enthusiasm. This project presents a unique opportunity for those seeking to reside or invest in the heart of one of Europe’s most vibrant and historic cities, and we are wholeheartedly committed to delivering an exceptional experience to all our clients.”

Miguel Lacerda, Lisbon Residential Director at Savills, emphasizes, “Almirante Reis 67A presents an unparalleled opportunity for those seeking to reside or invest in the heart of one of Europe’s most dynamic cities. Introducing this development, poised to set trends in Lisbon’s residential landscape, fills Savills with immense pride, presenting an opportunity to contribute our expertise and dedication to delivering an exceptional experience at the heart of the Portuguese capital.”

The anticipated completion of the Almirante Reis 67A project is slated for the first quarter of 2026.