Lisbon-based real estate development and investment management, transforming high-potential assets into distinctive residences across Portugal.
TB Developments is a real estate developer and investment manager based in Lisbon. We identify high-potential opportunities and manage every aspect of development, from acquisition to execution and exit, combining institutional-grade financial discipline with hands-on expertise.
Meet the team→
Rua Fernando Peyroteo
A contemporary T4 villa stepping with a landscaped site in Alto do Lagoal.
Rua Damasceno Monteiro
37 studios and apartments over a commercial ground floor, between Anjos and Graça.
Rua de Santa Marta
Two buildings near Avenida da Liberdade, shaped around a courtyard, rooftop garden and solar energy.
Rua Ilha de Santiago
Eight T3 apartments with rooftop terraces and private jacuzzis beneath Palmela Castle.
Travessa da Portuguesa
Twelve apartments behind an azulejo-tiled façade in Bica, moments from the Elevador.
Calçada da Graça
A hillside rehabilitation between Graça's miradouros: traditional outside, contemporary within.
High-potential opportunities identified and secured through rigorous market analysis and disciplined negotiation.
Established partnerships with trusted banks secure competitive terms; financial risk is planned, monitored and reported throughout.
Detailed architectural and engineering design, developed to regulatory standard and aligned with investor goals.
Every aspect of the build overseen directly, from contractor selection to quality control, on time and within budget.
Properties positioned, priced and marketed to drive sales performance and maximise investor returns.
A civil engineer by training, Benjamin spent his early career in M&A Transaction Services at Deloitte and EY in Paris, advising developers, hospitality groups and private equity funds on real estate transactions and financial due diligence.
He founded TB Developments to apply that discipline as a principal: sourcing, underwriting and delivering value-add projects across Portugal, working with a close network of investors, technical partners and financial institutions.
See the full team →Straight answers on how we work with investors and buyers. Something else on your mind? Ask us directly.
We are a property developer focused on central Portugal locations. Whether it’s a character building to renovate or land for a new development, we manage the entire cycle: sourcing, acquisition, licensing, construction, and sale or operation.
We deliver apartments and commercial units for end buyers, and hospitality assets built to perform.
Each project is held in its own dedicated company, created for that project only. Investors fund the project at the start, alongside bank financing, and are repaid (capital plus their share of the profit) as the finished units are sold.
A typical cycle runs 24 to 36 months.
Each project comes with a full financial model: purchase price, construction budget, financing, taxes and target sale prices, including the downside scenarios.
We share targets, not promises: development carries real risks (costs, delays, market at the time of sale), we mitigate them with fixed-price contracts and conservative assumptions, but your capital is at risk and stays invested until the units sell.
Our projects require a minimum of €1–1.2 million in equity, although the structure and requirements vary depending on the opportunity. We work with private investors in Portugal and internationally, and every project is considered individually.
We encourage you to contact us so we can assess your investment objectives and each opportunity on a case-by-case basis.
Then you are who we build for. Join our private buyers’ list for early access to completed homes and upcoming properties before they are publicly listed, together with clear documentation of the work carried out.
If you’re looking for something more personal, we can also explore creating a home from the ground up, tailored to your needs and taste.
Direct access to our founding team: track record, live site visits, and upcoming opportunities, without intermediaries.
