ReVentures invests 225 million in senior housing with Club65 in Lisbon and Porto

The ReVentures group invested 225 million euros in Club65, a housing project with services aimed at people over 65 years old which, in the first phase, will have 900 apartments in Lisbon and Porto.

Club65 “presents itself as the first ‘senior independent living’ solution [residência independente para idosos] in the country, with around 900 apartments and an investment of 225 million euros”, the real estate developer announced in a statement.

This first phase of the project includes seven projects in Porto (Lapa, Boavista and Matosinhos) and in Lisbon (Benfica, Campo Grande, Portela and Carcavelos).

The opening in Lapa will be the first and is scheduled for April 2027. The other openings will run until the first half of 2029.

Each building has more than 1,200 square meters (m2) of common areas and 600 m2 of gardens.

The apartments range from type 0 (T0) to T2 and the sales model includes essential services such as maintenance, cleaning, security and emergency response.

Common spaces include gardens, areas dedicated to cultural and social activities, swimming pool, gym, restaurant and cafeteria.

“We want to redefine the way this phase of life is lived as a time of freedom, comfort and possibilities, in the center of cities and with everything necessary nearby”, said, quoted in the same note, the executive president of the ReVentures group, Hugo Gonçalves Pereira.

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