Krest unveils Formoso Marvila residential development in Lisbon

Krest Investments has unveiled its latest residential development – Formosa Marvila.

Lisbon’s newest premium closed condominium is located on Rua Vale Formoso next to the Bravo de Prata station in the heart of one of Lisbon ’s most creative districts which has a great potential for growth while enhancing the value of property in the city.

The development comprises 49 apartments with typologies between one and four-bedrooms  + duplex appartments, blending comfort, functionality and sustainable design, light-filled spaces, generous terraces and windows from the ground to the ceiling.

With contemporary architecture designed by architect Ricardo Bak Gordon, the development is distinguished by the careful rehabilitation of an old wine warehouse, giving rise to a unique and sophisticated residential project.
The development has a set of exclusive amenities designed to elevate the residential experience, responding to the needs of urban life.

Residents will be able to enjoy a rooftop with a heated pool and panoramic views of the city and the river, a gym, sauna and clubhouse, concierge service, private gardens with works of art, private parking for cars, bicycles and motorcycles and electric charging available in all units.

Claude Kandiyoti, CEO of Krest Investments, says that “Formoso Marvila was designed as a space of exclusivity and well-being, that brings together the best contemporary architecture and an urban lifestyle. This project is an invitation to live in Lisbon in a unique way.”

The architect, Ricardo Bak Gordon sought to recover the essence of the past echoed by Lisbon factory workers district that it once was and the industrial legacy of building systems in concrete and steel. The contrast between the strength of the concrete and delicate steel terraces has resulted in a contemporary and elegant project.

The completion of the works is slated for the end of 2027 with a total expected investment of €30 million.