Luis Horta e Costa, Others, Contribute to the Rise of Eco-Friendly Real Estate in Portugal

April 22, 2023

Portugal’s citizens and visitors arrive in the county and breathe in the scent of dewdrops, forests, and ocean air twinged with salt. Geographically, much of the country’s beauty arises from the environment. That reality has engaged everyone from government groups to land developers to alleviate any harm to its captivating lands and Atlantic Ocean beaches.

In 2008, Lisbon’s government leaders recognized their duty to protect the wildlife habitats near Portugal’s enchanting capital. Identifying these nature-rich areas desperately needed to survive urbanization, leaders composed the Green Plan. Greening communities makes ecological sense because it helps control air pollution.

The Green Plan stressed saving the remnants of Lisbon’s natural habitat as its top priority. It strategized connecting unspoiled acreage to Lisbon’s Main Green Corridor. Today, the 1.4-mile corridor connects the 65-acre Eduardo VII Park to the 2,223-acre Monsanto Forest Park.

With its solid ethical responsibility for biodiversity, Lisbon is now working on its Green Plan to enhance urban agriculture, as emphasized in the United Nations Declaration of the Decade for Biodiversity (2011-2020). Luis Horta e Costa and other developers understand the importance of conservation, and are leading the path toward more sustainable constructions.

Luis Horta e Costa Champions the Green Technologies Used in a Cascais Development

Craftsmen have been hitting hammers to nails in Lisbon since 1755 when an earthquake devastated the city. Construction in the capital city is nothing new, but homebuyers are discovering there’s construction news. Developers are infusing environmentally-friendly technologies into their real estate properties from Lisbon to Portugal’s beach-swathed tip.

Developers like Luis Horta e Costa are baking sustainability into their real estate developments. Luis Horta e Costa co-founded Square View, a real estate development firm, and focuses on the firm’s investor relations and new investment opportunities.

Horta e Costa praised the vast green technologies available to developers. Recently, Square View co-developed an 18-unit apartment community with eco-friendly elements in bay-front Cascais. Called AZO, the luxury property isn’t far from the beach – or Lisbon. It takes 20 minutes to get from Lisbon to AZO.

Cascais sits on the glistening Atlantic Ocean, where high waves flaunt their strength and beauty. Orange tiles cover buildings’ roofs, and cobblestone streets wind through the village. The bounty of fresh seafood served in charming cafes is another reason to love this seaside haven.

Horta e Costa says AZO grew from “a lot of creativity, small details and materials, chosen with dedication and with our mind on the customer’s satisfaction.”

Square View, Stone Capital, and OTO Collaborated to Design a Sustainable Luxury Apartment Community

Before co-founding Square View, Luis Horta e Costa managed more than 250,000 square meters in real estate projects at investment giant Grupos Espírito Santo Angola. His experience in high-volume projects positioned him for Square View, which manages a portfolio including 500 residential units under development.

Horta e Costa enthusiastically partnered Square View with Stone Capital, a real estate development firm, to bring the dream of AZO into clear view. The teams at both firms understand sustainable technologies and green materials.

The two firms chose award-winning OTO, an architectural and interior design firm in Cascais, to design AZO. OTO is known for designing contemporary structures that honor Old-World design and craftsmanship. The firm also endeavors to create designs with sustainable aspects.

Horta e Costa says, “Sustainability, parking for electric cars and a lot of green areas were part of the project developed by OTO.”

Square View is developing another sustainable development, Horta e Costa says. Styled like a village, the development in low-key Melides will be a sustainable project that provides electricity for bicycles and cars.

Stone Capital Gives Buildings a Negative Carbon Footprint with Sustainable Materials

Stone Capital produces commercial and residential buildings, delivering 1,500 apartments since its inception. Stone Capital supported the construction of Étoile 240, a BREEAM environmentally certified office building.

Founders of Stone Capital, Arthur and Geoffroy Moreno, believe focus by the development industry, not merely developers, is required to align the Portuguese market with future demands.

Stone Capital supported Comporta Retreat, a compound of 29 houses on large plots in Comporto, Portugal. A sustainable material, CLT (cross-laminated timber), was used there due to its negative carbon footprint. The structures achieved carbon neutrality, or “net zero,” which is increasingly crucial in battling CO2 released into the atmosphere. Net zero buildings only consume the energy produced via renewable resources on site.

Before the team at Stone Capital launched the project Jardim da Glória in Lisbon, they researched the environment’s influence on the welfare of residents. They constructed Jardim da Glória to include a vegetable garden and large open spaces boasting beautiful flowers and trees.

Consumers are increasingly concerned about aligning with companies that take sustainability seriously. A sustainable building will create a minimal negative impact on the environment throughout the process – including design, construction, renovation and demolition. A sustainable facility will protect the environment, improve human well-being, and preserve valuable resources throughout its life cycle.

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Carlos Diaz
I believe in making the impossible possible because there’s no fun in giving up. Travel, design, fashion and current trends in the field of industrial construction are topics that I enjoy writing about.

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