Real estate development resulting from own construction is, without a doubt, one of the focuses of Grupo R – Construção & Inovação (Grupo R).
As such, Grupo R already has several offerings, with the housing development, Loreto Residences, House & Living (Loreto Residences), standing out in this regard.
Located on Rua do Loreto, in the parish of Fajã de Baixo, in the municipality of Ponta Delgada, on an urban plot of land measuring 11,520 square meters, Grupo R is already building 2 of the 4 plots with 6 floors, intended for collective housing, with top-quality T1, T2 and T3 types.
In this area, in addition to two large commercial areas, there is the main campus of the University of the Azores, the Fire Department, a pharmacy, public and private schools and a significant number of housing and tourism developments.
The first apartments are scheduled to be delivered in the second half of 2026.
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