We acquire, develop and sell high-potential real estate across Portugal.

Alongside a network of investors, from acquisition to execution and exit.

Invest with confidence. Build with expertise.

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
Projects acquired and managed0
Assets under management0M
Gross development value0M

Current projects

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Conceptual visualisation of Oeiras Villa in Caxias

Oeiras Villa

Area
338 m² gross private area
Plot
772 m² freehold
Type
New private residence
Status
Recently acquired · In planning
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Oeiras Villa

Caxias, Oeiras

A contemporary T4 villa stepping with a landscaped site in Alto do Lagoal.

Damasceno Monteiro, rehabilitated façade at dusk, Arroios

Damasceno Monteiro

Area
2,400 m²
Units
37 hotel keys
Type
Hotel development
Status
In progress · Delivery Q1 2028
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Damasceno Monteiro

Graça, Lisboa

37 studios and apartments over a commercial ground floor, between Anjos and Graça.

Rua de Santa Marta 30, Santo António

Rua de Santa Marta 30

Area
3,030 m²
Type
Gated condominium
Programme
Two buildings · residential and commercial
Status
In progress · 2024–2027
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Rua de Santa Marta 30

Santo António, Lisboa

Two buildings near Avenida da Liberdade, shaped around a courtyard, rooftop garden and solar energy.

Rua Ilha de Santiago, rooftop terrace with jacuzzi and Palmela Castle view (render)

Rua Ilha de Santiago

Area
976 m²
Units
8 residential
Type
New residential
Status
In progress · Delivery 2027
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Rua Ilha de Santiago

Palmela

Eight T3 apartments with rooftop terraces and private jacuzzis beneath Palmela Castle.

Travessa da Portuguesa, azulejo-tiled façade in Bica (visualisation)

Travessa da Portuguesa

Area
1,041 m²
Units
12 residential
Type
Heritage rehabilitation
Status
In progress · 2026–2028
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Travessa da Portuguesa

Misericórdia, Lisboa

Eleven apartments behind an azulejo-tiled façade in Bica, moments from the Elevador.

Calçada da Graça, cobbled street and rehabilitated façades, São Vicente

Calçada da Graça

Area
531 m²
Type
Heritage rehabilitation
Status
In progress · 2026–2027
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Calçada da Graça

São Vicente, Lisboa

A hillside rehabilitation between Graça's miradouros: traditional outside, contemporary within.

Services

01

Comprehensive acquisition strategy

High-potential opportunities identified and secured through rigorous market analysis and disciplined negotiation.

02

Project financing

Established partnerships with trusted banks secure competitive terms; financial risk is planned, monitored and reported throughout.

03

Project & design planning

Detailed architectural and engineering design, developed to regulatory standard and aligned with investor goals.

04

Construction management & oversight

Every aspect of the build overseen directly, from contractor selection to quality control, on time and within budget.

05

Unit sales & marketing

Properties positioned, priced and marketed to drive sales performance and maximise investor returns.

Rua Ilha de Santiago

Palmela · 8 units · 976 m² · delivery 2027
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Benjamin Hellin, founder and CEO of TB Developments

Benjamin Hellin

Founder & CEO

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.

Full team and partners

Questions & answers

Straight answers on how we work with investors and buyers. Something else on your mind? Ask us directly.

We develop and manage value-add real-estate projects across Portugal — from full reconstructions of traditional Lisbon buildings to new residential developments — investing alongside a close network of private investors and partners.

Every engagement starts with a direct conversation with the founder. From there we share our track record and current pipeline, and discuss participation project by project — no intermediaries, no standard product.

Boutique-scale residential and mixed-use projects: full reconstructions in Lisbon’s historic neighbourhoods, and select new developments in the wider region — eleven projects to date, around €40M under management and €50M in gross development value.

Yes — we encourage it. Walk a live site with the team, see finished apartments, and judge the quality of execution first-hand.

Several of our current projects have residences for sale. Get in touch and we’ll share availability, plans and brochures for the project you’re interested in.

Investing in Lisbon? Talk directly to the principal.

No gatekeepers: every conversation starts with the founder. Request the track record, walk a live site, or discuss the next acquisition.