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Mexto Begins Work on Ninth Development in Lisbon
4 June 2019 – Richard D. K. Turner
Mexto, a boutique Swiss property investment firm, is beginning work on a new residential development in the Portuguese capital. The luxury apartment building is located at Rua Rodrigo da Fonseca 43, close to the Marques de Pombal in Lisbon. The developer expects to complete work on the building during the first semester of 2021. The structure was originally built in the 19th century.
The property’s eight flats will have a garden and swimming pool, along with allocated private parking and storerooms. The development will consist of six floors, with three- to four-bedroom flats with areas ranging from 140 m2 to 290 m2. The two upper floors will have two duplexes (one 3-bedroom and one with four bedrooms).
Mexto’s portfolio of residential assets in central Lisbon already has nine properties. Three have already been completed.
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