Portuguese asset manager Norfin is investing €41 mln in a private condominium in Lisbon’s Upper Town.
Set in an old farmhouse, Lisbon Heights combines the traditional style of the existing buildings with the modernism of the project's lines, with condominium/green areas extending for 6,000 m2.
Construction work kicks off this month with completion scheduled for December 2024, while already 35% of the units have been reserved.
Lisbon Heights will occupy an area of about 20,000 m2 and comprises 95 units, divided between 13 houses (73 m2 to 300 m2) and 82 flats (35 m2 to 196 m2), in addition to seven commercial spaces.
Henrique Rodrigues da Silva, Norfin's COO, said: ‘Lisbon Heights conciliates the development's inherent history with a modern design by contemplating two distinct housing concepts, villas and flats. Allied to its privileged location, privacy and variety of services, which you will have at your disposal, make this project unique and distinctive.’
Isaac André, CEO of Castle Capital Management, added: ‘We are very pleased to be the promoters of such a differentiating project in Lisbon. We have participated in several in recent years, but Lisbon Heights stands out for its centrality and diversity, combining the traditional with the modern and harmoniously combining villas with flats.’
Among the exclusive amenities of Lisbon Heights are leisure, fitness and relaxation areas, swimming pool, gym, external space for cross training, co-work space and sky lounge, in addition to pet care station, car-wash and CTT locker.
Thanks to its central location, Lisbon Heights is in the proximity of schools and metro stations.
Architecture firm Intergaup is responsible for the design of the project, while Castelhana and Century 21 Alismédia are in charge of the marketing.
