Development of twelve residential apartments, six one-bedroom and six two bedroom units, in an up-and-coming quarter of central Porto, a short walk from the metro, Santa Catarina and Bolhão. The plot was acquired outright, giving Black Mule full control over delivery from day one. The architecture license was approved at entry, reducing licensing risk, with construction beginning in late 2026 and completion expected in 2028.

A contemporary low-rise building with generous balconies and rooftop terraces oriented to open city views, and garage parking for all two-bedroom units and one of the one-bedroom apartments. The structure uses self-supporting granite blocks, a modern and sustainable construction method, complemented by heat pump climate systems and rooftop photovoltaic panels for strong thermal and energy performance. The surrounding quarter is undergoing municipal requalification, with the extension of Alto da Fontinha Street bringing fresh public investment to the neighbourhood.

• Pre-development: feasibility, structuring, financing arrangement
• End-to-end project management, plot acquisition to unit sale
• Financial modelling, valuation analysis, investor reporting