The Prata Riverside Village development located in the eastern area of Lisbon, in Marvila, has already three buildings completed, with the construction of the Square Building expected to be completed in the 1st quarter of 2023 and that of Edificio Square in the 2nd quarter of 2023.
The Prata Riverside Village project was designed by Italian architect Renzo Piano , awarded the Pritzker Prize in 1998, responsible for more than 120 projects in Europe, America and the Asia-Pacific area. Among the best known are the Georges Pompidou Center (Paris), the Menil Collection (Houston, Texas), The Shard Building (London), Kansai International Airport (Osaka, Japan), the Whitney Museum of American Art ( New York), the auditorium in Rome, Casa Hermès (Tokyo), the Academy of Sciences (San Francisco, California), the Botin Center (Santander, Spain), etc.
The development comprises several buildings, with an estimated investment of 400 million euros . Prices vary depending on the typology and proximity to the river front, from €285,000 for a Studio (42.4 m² T0) to €1.9 million for a T4 (246.5 m²).
The Prata Riverside Village development, in Marvila, Lisbon, has attracted great demand, and to date, 80% of the 350 apartments have already been sold. Of the 175 apartments already completed, referring to The One, Riverside and West buildings, only five are still for sale.
The 107 apartments in the Square Building are in an advanced stage of construction and commercialization - scheduled for completion in the first quarter of 2023 -, with more than half (55%) of the fractions having already been sold. As for the Urban Building - expected to be completed in the second quarter of 2023 - more than 75% of the 65 apartments have already been sold.
More than 60% of buyers are Portuguese , but demand from international customers is also high, especially American, British, Brazilian and Spanish buyers.
In the Prata Riverside Village development there is a calm atmosphere, but full of life. Everything was thought out in detail, combining the comfort of the space with the beauty of the place, intended to provide a unique quality of life.
The careful selection of services and commerce in the development, which is the exclusive responsibility of the promoter, will include a premium offer, including: a gym, renowned restaurants and coffee houses , gourmet grocery, pharmacy, decoration stores, galleries, bicycle lanes and parks. children , etc.
In the last phase of construction, the construction of a building entirely dedicated to commercial activity is planned, right in the center of the development, facing the river, where a food market and a food court will coexist, as well as a gym with swimming pool and/or SPA. .
In each building block (Riverside, West, The One, Square, etc.) there will be:
- Landscaped outdoor spaces , for the private use of the condominium, all overlooking the Tagus River;
- A closed room for the enjoyment of all owners, where they can work and socialize;
The start of the commercialization of the next block of buildings, lots 4 and 5 on the 1st line of the riverfront, is scheduled for 2023, with construction expected to start in the last quarter of 2022.