Norfin invests €80M in Monview project

 In Asset Management, Development, News, Real Estate

Work is underway Norfin’s €80 million closed condominium development ‘Monview’ in Miraflores.

The development will have a GCA of 24,325m2 and is divided into two towers each with 14 floors. Around 80% of the 168 units are already reserved with prices that range from €260,000 to €1.9 million.
Work on the project began in November at the Miraflores Urban Park and 80% of the 168 units have already been reserved.
This condominium will have a 24,325m2 split between two towers with 14 floors on each and prices ranging from €260.000 to €1.9 and configurations between one and three-bed apartments and 3-bed duplexes, four-bed duplexes and penthouses.
The architect of the project is Sidney Quintela while the management of the works will be under the construction company Alves Ribeiro. The project will be completed in the first quarter of 2025.
Norfin is a real estate investment company which has been in the Portuguese market for 22 years with €1.4Bn in property assets under management.
Its diverse portfolio includes, the Office Park Expo (Campus da Justiça, a complex that serves as a “Justice Centre”), a reference in the Iberian Peninsula, the Prata Living Concept and Metropolis, all in Lisbon.