Parque das Nações

Parque das Nações

The Parque das Nações district, which used to be an industrial wasteland, has been transformed since the Expo ’98 into a modern corporate centre of Lisbon. Since the event, the river-side district has undergone further major refurbishment and is now popular for its impressive architecture, its futuristic feel, and imaginative urban planning.

The Oriente train station, which is one of Portugal’s main transportation hubs, and Vasco da Gama shopping center, are among the sites that draw many tourists and Portuguese alike to the area all year round.

Real Estate Market Overview

The area has been tailored to satisfy the needs of its inhabitants with its luxurious residential properties, river views, casino, large shopping centres, and modern marina. This comprehensive urban planning is reflected in the average property sales price in the area, however many districts closer to the city centre remain much more expensive. The popularity of Parque das Nações persists and continues to provide great investment opportunities.

• • Type of properties: Prime Residential
  • Average market price:  €6,000/ sq. m
  • Average high-end market price: €6,500/ sq. m

EQTY Fund I and EQTY Global Growth investment portfolios include several units located in Parque das Nações such as Prata Riverside project by VIC Properties and VALRIO project by SOLYD Property Developers. The investments were made through a local subsidiary company.

Prata Riverside

VALRIO

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_{Reference: Sir Confidential Imobiliario & JLL}