(+351) 932 224 792 
info@luznurcapital.com Off-Market Opportunities
Off-market opportunities in Portugal, and a discreet record of what we have delivered.
The opportunities we hold off-market today, shared here in outline and in full under NDA, alongside completed work shared in anonymized form. They are not the limit of what we can find: we source against each client's brief through our partner network and across the wider market. If what you are looking for is not here, tell us the brief.
How Off-Market Buying Works
Access begins with a brief.
Most of what we source for buyers is never published, and the opportunities below are shared in full only under NDA. It starts with your brief: what you want to own, where, at what budget, and why. From there, access is controlled in both directions, so the owners we act for are protected, and so are you.
01
Your brief
Objectives, location, budget, and timing, agreed in a private conversation.
02
NDA and qualification
A non-disclosure agreement, readiness for KYC checks, and, case by case, proof of funds or a reference from your bank or adviser, before identifying details are shared.
03
A filtered shortlist
From our own mandates, our partner network, and the wider market, each presented with its memorandum.
04
Diligence and completion
Viewings, negotiation, and completion, with your own lawyer where needed or requested, and legal, tax, and residency matters through our regulated partner firms where you need them.
New to off-market? Read what it means and how it works. Looking for property on the open market? See our featured opportunities. Selling a property privately? See Discreet Sale.
Income-Producing
Assets that pay from day one.
A mission-critical trophy asset
Lisbon region
An established tenant in a building central to its operations, with covenant details available under NDA. Three ways to acquire, and leases can be extended.
Recent construction with a tenant in place
Aldeia do Juso, Cascais
A very well-built recent property let to a tenant, with the asking price open to negotiation for a serious buyer.
- Asking price€3,680,000
- Rent€11,500 / month
- Gross yield3.75%
- Lease remaining3 years, to September 2029
- Area~545 m² gross building area
Retail unit
Central Lisbon
An accessible entry point to income-producing property, at a yield above most residential lettings.
- Asking price€290,000
- Gross yield6%
- Area52.5 m²
Own and Earn
On the Alentejo coast, near Comporta.
A new development close to Comporta, sold off-plan, with construction starting in November 2026 and prices from €330,000. Three ways to buy, depending on how much of the year the property is yours.
For yourself
A holiday home, a second residence, or a base in Portugal, used entirely as you choose.
Request the memorandum →Buy and hold
A minimum five-year hold, managed by the developer as a short-term rental, with a minimum annual return of 5% contractually committed by the developer, whatever the occupancy. After five years, the owner can sell into a market where values per square meter have been rising quickly.
Request the memorandum →Use and share
The owner keeps 70% of the rental income, and 30% goes to the developer as the property management fee.
Request the memorandum →Serviced apartments: buy, enjoy, earn.
An own-and-earn approach at a lower entry point: fully serviced apartments on the Comporta coast, yours when you visit and let through the rental program when you are away, with management handled for you.
Unit types: lofts, one-bedroom and two-bedroom apartments · Expected completion: November 2028. Any minimum return is a contractual commitment of the developer, subject to the final contract and to the developer's ability to meet it.
Development and Repositioning
For buyers who see what a place could become.
Riverside aparthotel, 15 units
Alcácer do Sal
An approved project for a 15-unit aparthotel by the river in Alcácer do Sal, a historic town between Lisbon and the Comporta coast.
- Units15
- StatusProject approved
- Asking price€900,000
Quinta estate in beautiful condition
Coimbra region
A quinta currently licensed for services and used as a wedding venue. Equally suited to a private residence or to repositioning as a hospitality or events asset.
- Current useServices (events)
- Asking price€1,850,000
Request access →
Looking for property on the open market? See our featured opportunities and our property portal →
Delivered
Delivered, end to end.
Completed transactions, shared in anonymized form. Values are given as ranges, and clients, counterparties, and precise locations are not named.
European family · Comporta
A European family sought a beach retreat within an hour of Lisbon. We sourced an off-market villa in Comporta through our partner network and ran the transaction end to end — legal, tax and residency workstreams alongside our partner law firm, and banking established with a trusted institution before completion.
Comporta villa · €3–5M · completed in 60 days
Private client · Quinta do Lago
A buyer arrived knowing the Quinta do Lago area by name and little else — clear on the budget, unclear on where within it to look or why one pocket should be preferred over another. We produced a written acquisition brief covering market positioning, comparable evidence and pricing guidance, and set out a recommendation on where to buy and the reasoning behind it. The brief resolved the question. The client is proceeding with us on brokerage and acquisition advisory.
Written acquisition brief · Algarve · proceeding to acquisition
Private investor · value-add
A private investor wanted an off-plan position with defined upside on a buy, hold and sell horizon, in a location with a credible growth case rather than a marketed one. We identified and secured the asset, with the entry price aligned to the projected appreciation rather than to the asking price.
Off-plan residential · €350–500k · positioned for growth
Advisory Mandates
Capital, introduced and structured.
Institutional · capital raising
We support institutional clients on equity raises for Portuguese opportunities through regulated partners that hold the licenses the work requires; our role is the introduction. On one, we introduced an Americas-based investment bank to help lead the process.
Capital raising · €15–25M equity · ongoing
Developers · cross-border capital
We introduced two Portuguese developers to capital partnerships in the United Arab Emirates and the United States, opening funding routes for projects that would otherwise have been financed domestically. Both relationships are live.
Capital introduction · UAE & United States · ongoing
The Partner Network
The partner network, in practice.
A significant part of the work is not a transaction. It is putting a client in front of the right specialist and then staying in the room. Recent examples include a Golden Visa file resolved with our immigration partner, a private client matched with a senior tax lawyer, an international partner that now routes its clients' Portuguese tax matters to our network as a standing channel, and a family relocation coordinated through to completion.
On Disclosure
What is missing from this page is the point.
We are asked, occasionally, why we do not name clients or publish testimonials. The answer is that the people we act for would not want us to, and a firm that names one client has told every future client what to expect.
Figures on this page are indicative ranges. Locations are given at regional level. Counterparties, partner firms and exact terms are not disclosed. Where a mandate is sensitive enough that even an anonymized description would identify it, it does not appear here at all.
If you would like references, we will arrange for you to speak with a client directly, with their consent, rather than publish a quotation they did not expect to see.
A Conversation
Discuss a mandate in confidence.
Whether you are acquiring, disposing, raising capital, or advising a client who is, we would be glad to talk — privately and without obligation. Enquiries from advisers acting for a client are handled with the same discretion as the client's own.
Transparency · Confidentiality · Execution
Opportunities are presented for information only and remain subject to availability, contract, and due diligence. Prices, rents, yields, and projections are provided by owners and developers and are indicative. Projected returns are not guaranteed by Luznur Capital, and any minimum return described is a contractual commitment of the developer concerned. Nothing on this page is an offer of securities or of participation in any investment scheme.
All engagements are described in anonymized form. Figures are indicative ranges rather than transaction values, and locations are given at regional level. Past engagements are not a representation as to future outcomes, and nothing on this page constitutes legal, tax, immigration or investment advice.
Luznur Capital is the commercial name of Lusomena Investments, Unipessoal Lda., a licensed real estate brokerage holding AMI 22354. It is not a law firm, immigration agency, fund manager or tax practice. Legal, immigration and tax matters are conducted by our regulated partner firms, who take professional responsibility for their advice. Capital raising engagements are structured with the relevant regulated parties.
Lusomena Investments, Unipessoal Lda. · AMI 22354 · info@luznurcapital.com