Portugal

Fercopor invests €40M in new residential project in Boavista

Fercopor invests €40M in new residential project in Boavista

Fercopor has announced the launch of Raiz, its latest real estate project on Avenida da Boavista, in Porto. The €40 million investment will create a gated community comprising three buildings – Parque, Jardim and Lago – which will share common areas such as a Wellness Studio with a gym, massage room, multifunctional space and even an aromatic garden.

With types ranging from one-bedroom to four-bedroom penthouses, the 57 luxury apartments have interior areas of up to 274 sqm and exterior areas of up to 272 sqm. At Raiz, each concept promises a distinct way of living: Nature, with gardens and private pools; Core, where the generosity of the areas ranges from interiors to exteriors in balance; and Upper, the penthouses of the buildings, with exclusive rooftops and private pools.

The architectural work was carried out by Ventura + Partners, who opted for natural materials such as cork, stone and wood to bring organic forms to life in the design of fluid and open spaces, where neutral and sober tones take centre stage.

"We sought to focus on the three-dimensionality of the façades. We never have a single skin, but rather a harmony between the interior and exterior, which creates interstitial spaces with dimension. One of the most striking elements in the project's architecture is the roof of each of the buildings, which articulates and unites the volumes, which then dialogue with each other," emphasises Manuel Ventura, founder of the architecture firm.

"This project stems from the desire to create a concept that combines the best of architecture and modernity with a unique proximity to the sea and several green spaces in what is one of the most prestigious areas of the city. Raiz truly conveys these two aspects of Avenida da Boavista, elements that we intend to raise to a level of excellence in terms of construction, exclusivity and personalisation," explains Mário Almeida, Director of Fercopor.

With beaches, shops, services, schools, universities and hospitals nearby, the Raiz project is valued at up to €3.8 million, continuing Fercopor's investment and consolidation strategy in Boavista.

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