Acciona to Take Over Construction of the Miraflores Residences

22 July 2020 – The Spanish real estate developer Gestilar has hired Acciona, also of Spain, to build its new residential development in Miraflores, about 10 kilometres from Lisbon. Gestilar has stated that it will invest around 80 million euros in total. The first phase of construction will include 111 two-to-four-bedroom flats. The construction project has been budgeted at 26 million euros, with delivery set for mid-2022.

The Miraflores development will be located in a predominantly urban area composed of luxury residential buildings, services, shops and some offices. The architectural studio Saraiva + Associados designed the 13-floor project, which will include shops, a swimming pool, a natural solarium and a gymnasium overlooking the Tagus river.

Original Story: Idealista

Photo: Gestilar

Translation/Summary: Richard D. Turner