14 September 2020 – The Switzerland-based group Mexto, which specialises in luxury residential projects, is set to begin construction on its new development in Lisbon, O’Living. The two 43-flat apartment buildings will be located in Olivais, near Parque das Nações, and aimed at Portuguese families.
The architect Miguel Saraiva designed the €30-million project, which will consist of one- to three-bedroom flats, the latter duplexes, with areas ranging from 70m2 to 180m2. Prices are expected to start at €240,000 for a 1-bedroom to €650,000 for a 3-bedroom, for an average price of €3,500-€4,300 per square meter.
The development will also have five shops, with areas between 97m2 and 198m2, 128 parking spaces, for a total construction area of 18,200 m2, of which 12,300m2 are above ground and 5,900m2 below ground.
Original Story: Jornal Expresso – Helder C. Martins
Translation/Summary: Richard D. Turner