Kronos invests €65M in new project in Telheiras

Kronos invests €65M in new project in Telheiras
ZEN residential complex, Lisbon

ZEN is the name of the new residential development in Lisbon, promoted by Kronos Homes, Kronos' residential real estate development brand. The company's fourth residential development in the Lisbon region involves an investment of 65 million euros.

The ZEN project is now starting construction, with 70 apartments already reserved. The prices of the houses vary between 300,000 and 850,000 euros, and the marketing is co-exclusive with Christie’s Front Door and JLL.

With a layout of landscaped blocks, ZEN proposes to reinvent the traditional urban network with 3 blocks of 169 apartments of types T1 to T4, over 7 floors.

The central location, avant-garde design and innovative concept, complemented by a wonderful central garden and a social area with a swimming pool and gym, make this a unique project for those looking for a calm and harmonious environment - even though it's urban the development will also have landscaping, with a large swimming pool that will function as the center of community life, as well as a fully equipped gym. In a neighborhood close to shops, schools and cultural facilities, ZEN will have privileged access, thanks to the green and yellow Metro lines, as well as the Campo Grande station, about five minutes away.

“It is a building that will seek to respect nature and showcase the strongest points of its surroundings

"This is our fourth first-home project in Lisbon and another step in the consolidation of our brand in Portugal. The concern to find spaces that value comfort and balance has increased and ZEN is the ideal place to provide these experiences. Aimed above all at young families, it's a building that will seek to respect nature and bring out the strongest points of its surroundings, without sacrificing the special architectural design of Kronos", comments Rui Meneses Ferreira.

Kronos Homes also has three residential developments under development in Lisbon: The One, located on Avenida de João XXI, Distrikt, in Parque das Nações and Native, in Belas Clube de Campo.

Kronos' portfolio of assets represents a potential of more than 1,000 million euros in property sales, mostly located in the Algarve region.

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