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António Esteves invests up to 120 million in senior residences in Lisbon and Porto

News & Press | in Jornal de Negócios - 19.11.2025

Described as the first project in Portugal to offer residences exclusively for independent seniors, Senior Club is Fortitude Capital's newest venture. It plans to bring close to 900 rental apartments to market in the main urban areas of Lisbon and Porto.

Fortitude Capital, António Esteves's venture capital firm, will invest up to €120 million in creating, developing and managing residences exclusively for independent seniors, a project described as a first in Portugal. Senior Club plans to bring up to seven residences with close to 900 apartments to the rental market in the main urban areas of Lisbon and Porto, where "there is unmet demand for affordable, quality housing solutions.

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