7 February 2020 – Worldgest is currently building what will be a new luxury residential condominium in the neighbourhood of Antas in Porto. The new development, called the Quinta da Casa Amarela, will stem from an 18 million euro investment. The property measures 16,000 square meters, including an 18th-century mansion which belonged for more than a century to a wealthy Porto family, the Cepêdas.
The renovation will convert the property into a residential complex comprising 28 houses and flats. Of those, only three have starting prices below one million euros. Higher priced homes include a €1.9-million, 419-m2, four-bedroom flat and a €1.06-million, 235—m2, two-bedroom flat.
The condominium, located at Avenida dos Combatentes da Grande Guerra, will also come equipped with a heated indoor pool, a Turkish bath, a party room and extensive gardens.
Original Story: Jornal de Negócios – Rui Neves
Translation/Summary: Richard D. Turner