Tevir Group announces FIM Capital for 55 Athol Street
Tevir Group has announced that FIM Capital will be its next major tenant moving into 55 Athol Street, its prestigious ‘Grade A office’ accommodation in central Douglas....
Located along Rua da Cássima, the development will include 20 modern 2 bed and 3 bed apartments, landscaped green areas, a shared swimming pool, and private parking within a 3,736 m² site. Designed by RCDS Architects, based in Loulé, the project combines traditional Algarvian forms with modern materials, energy-efficient construction methods, and environmentally responsible design principles.
Aligned with the Loulé PDM as a Type A Urbanisable Expansion Area, the project supports the town’s sustainable growth and community development.
Construction is expected to begin in 2026, following the completion of final design and tender preparations. This is one of two developments Tevir Group is undertaking in Loulé - the second being a charitable foster home project for children - reflecting our ongoing commitment to investing in both quality developments and the local community.


Tevir Group has announced that FIM Capital will be its next major tenant moving into 55 Athol Street, its prestigious ‘Grade A office’ accommodation in central Douglas....
A clean-up operation has begun today on the Isle of Man at the old Villiers Hotel site in Douglas
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The owners of the Castle Mona have granted access to the site to be used for parking while promenade work continues....
Should you have any questions, please feel free to get in touch with our team.