The real estate market in Portugal has been experiencing increasing demand driven by foreign investment. The climate and security are highly valued factors. What is your view on foreign investment in Portugal, considering the end of the Golden Visa program?
Our country offers a very attractive quality of life for the foreign market, due to its location in the European market, excellent weather, safety, rich gastronomy, and an open society that welcomes guests warmly. The end of the Golden Visas program will not change any of this. In the real estate sector, our focus is on continuously improving the quality of our projects to meet the demands of clients.
Does Inspired Orbit prioritize the integration of green spaces in residential projects? How is this theme addressed?
Nature and energy efficiency are highly valued in our group. For example, Tensai Indústria is almost self-sufficient with 3,800 photovoltaic panels, curbing the release of 600 tons of CO2 into the atmosphere. Green spaces are mandatory in our real estate projects because they convey tranquility, freshness, and well-being.
What types of projects does Inspired Orbit develop, and how does it differentiate itself in the real estate market?
Inspired Orbit designs, develops, and promotes residential as well as health and education projects. We begin with a careful market study to identify the best locations for the product we aim to develop. Our projects result from extensive collaboration with partners who understand our DNA well.
What are the most important aspects to consider when designing residential buildings?
First and foremost, a real estate project should be well integrated into its surroundings – the neighborhood, parish, and city. It should be oriented to meet the needs of clients, providing ample light, storage space and incorporating lightweight, elegant, and modern materials while integrating as many green spaces as possible.
What are the most notable examples of residential projects already developed by Inspired Orbit?
We prefer not to highlight any specific projects; our inspiration comes from the satisfaction of our clients and creating value for the company and stakeholders.
What are the main challenges faced during the realization of these projects?
The licensing process is often time-consuming due to various requirements and inertia from certain areas in some municipalities and public infrastructure companies. Additionally, there might be some lack of preparation from project teams regarding local constraints. A proficient project team with in-depth knowledge of urban regulations is crucial to ensure smooth construction after obtaining the necessary licenses. The construction partner is equally important, as planning challenges require high-quality teams that reflect in the final project’s quality.
Regarding the Green Plaza Carcavelos project, does this venture mark a new phase of investments in the south, or will the concentration of assets remain mainly in the north of the country?
O Green Plaza Carcavelos foi uma oportunidade que surgiu no melhor momento, depois de consolidada a posição na região do Porto era momento de alargar a atividade a outras regiões, dispersando o risco e testar a nossa capacidade de crescimento.
Inspired Orbit has a history of projects in the Porto region. What led you to choose Carcavelos as the location for this new development? What were the decisive factors for location and market opportunities?
Inspired Orbit seeks to work in mature markets or those with growth potential. Cascais is a municipality with vibrant activity, and Carcavelos has strong growth potential within the region. It offers everything at hand within a short distance.
Could you describe some unique characteristics that Carcavelos has to offer as a location?
Green Plaza Carcavelos boasts an excellent location with top schools and universities nearby, fantastic green spaces like the Alagoa garden, Carcavelos beach, a train station, easy access to the A5 highway, complete shopping facilities, and a traditional and welcoming neighborhood. Having all of this within a 1.5 km radius is truly unique.
What are the main advantages of living in Carcavelos compared to other areas in the greater Lisbon area?
The main advantage is tranquility and having everything conveniently close.
What is the architectural concept adopted in the condominium? What amenities and infrastructure are offered to residents within this development?
Green Plaza Carcavelos is designed to the south and east, featuring abundant green spaces and fantastic common areas, including a swimming pool and a social area for sports and gatherings. It is an ideal place for a safe and peaceful family life.
What are the expectations for real estate appreciation in the Carcavelos region in the coming years?
The Carcavelos neighborhood is undergoing changes, becoming highly attractive with an excellent cost-to-quality-of-life ratio.
What is the long-term vision for the company, and what are the next steps after the completion of the condominium in Carcavelos?
Inspired Orbit is preparing another project in the north and will soon be seeking more opportunities between Lisbon and Cascais in the south.