Savills News

LAKE Building - New Construction in Matosinhos within a 30,000 sq m private garden condominium

The new building, integrated into The Garden condominium, features premium apartments from studio to 5-bedroom, all with balconies, terraces, or private gardens

Savills Residential Department has started the commercialization of the new Lake Building, part of the The Garden condominium located on the grounds of the historic Efanor Factory (Empresa Fabril do Norte), in Matosinhos. The building, currently under construction, is in a privileged location in one of the most sought-after areas of the city, just minutes from downtown Porto, NorteShopping, and the best beaches in the region.

This new residential project elevates the concept of living in harmony with nature, seamlessly integrating into a private condominium surrounded by 30,000 sq m of private gardens, lakes, and walking trails, providing a unique balance between urban life and natural tranquility.

The apartments at Lake were designed to offer maximum comfort and sophistication, with top-quality finishes, such as Estremoz white marble, oak flooring, and fully equipped kitchens with high-end appliances.

Lake Building comprises 160 apartments, ranging from studio to 5-bedroom, designed to meet the diverse needs of modern families. The areas start at 60 sq m, with prices from €235,000, making it a great investment for those seeking quality of life in a prime location. Each unit comes with balconies, terraces, or private gardens, offering views of the gardens and lakes, creating a peaceful oasis in the heart of Matosinhos.

With easy access to major roads and two metro stations, the surrounding area offers a wide range of services, including restaurants, cafés, playgrounds, schools, colleges, and universities.

The same condominium houses the Natura and Factory buildings, which were also marketed by Savills and proved to be a huge sales success, with high demand from both national and international clients.

Ana Jordão, Residential Business Development Director – Porto Division at Savills Portugal, comments: “LAKE is a project with unique characteristics in the region. The tranquility it offers, its prime location, the exuberance of nature, the superior quality of the design, and the top-notch finishes make this building a true landmark in the city. We are confident that, just like the other buildings in The Garden condominium, this new development will be a great sales success for Savills.”

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