Alma Development moves forward with a €20M project in Caxias

Alma Development moves forward with a €20M project in Caxias
Render: Caxias Heights. Image by: Alma Development

ALMA Development has unveiled the show flat for Caxias Heights, its first residential project in the Lisbon region, representing an investment of around €20 million.

The development, located in Oeiras, is already at an advanced stage of construction and is aimed primarily at families seeking high-quality housing in the premium segment.

Situated in Caxias, in a prime location between Lisbon and the main routes along the Cascais line, it comprises 24 flats, including three-bedroom and four-bedroom duplex units. It also benefits from surrounding green spaces, cultural and leisure facilities, as well as proximity to landmarks such as the Oeiras Seafront Promenade, Jamor and the beaches along the Cascais line.

Comprising four blocks housing the 24 flats, the three-bedroom flats range from 145 to 180 sqm and the four-bedroom duplex flats from 208 to 230 sqm, featuring spacious outdoor areas and views over the River Tagus in some units. The development also offers a range of facilities for future residents, such as a heated outdoor swimming pool, a multi-purpose room, co-working spaces and a phone booth, a children’s play area, outdoor spaces designed for families, extensive green areas and charging points for electric vehicles.

In addition to the functional layouts, the spacious balconies and high-end finishes and fittings are also noteworthy.

“Caxias Heights represents our first investment in Greater Lisbon, and the choice of Oeiras was deliberate. It is one of the municipalities with the highest quality of life in the country and is becoming increasingly attractive to families. This project reflects our ambition to develop distinctive residential solutions in prime locations”, said Carlos Morgado, CEO of ALMA Development.

Carlos Morgado added that “by providing an immersive experience, the show flat allows future residents to visualise their daily life at Caxias Heights, reinforcing their confidence in ALMA Development’s proposal”.

According to Filipe Santos, CBDO at ALMA Development, “Caxias Heights was conceived as a genuine family-focused development, where every detail addresses the need to live with greater security, tranquillity and quality of life. Set within a gated community, it offers a safe and serene environment, closely connected to nature, striking a balance between privacy and well-being. More than just a development, it represents a lifestyle designed for everyday family life, where it is possible to grow, share and live with more time and freedom”.

Filipe Santos stated that ALMA Development is strengthening its presence with Caxias Heights in the upper-middle-market segment, standing out for its ability to develop projects that combine design, functionality and a prime location. “This development aims to establish itself as one of the leading residential landmarks in Oeiras, keeping pace with the growing demand for residential solutions that combine build quality, comfort and long-term value appreciation”, he concluded.

Completion of the development is scheduled for the first quarter of 2027, consolidating ALMA Development’s first residential investment in the Lisbon region.

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