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Kronos Homes, Kronos’ residential real estate promotion brand, reinforces its position in Portugal with a new project signed by architect Eduardo Souto de Moura, winner of the Pritzker Prize for Architecture in 2011, with the technical collaboration of the Metrourbe architecture studio.
The building, located on Avenida João XXI, in Lisbon, between Avenidas Novas and Avenida de Roma, will have an investment of 40 million euros. You will be distinguished by its location, close to shops, schools and cultural facilities, the quality of architecture, as well as by the distinctive design, excellent finishes and natural light, combined with #PUREDESIGN, the concept that conveys the main values of Kronos Homes : design, nature, fresh air and tranquility.
The One closes the block formed by Av. João XXI, Rua de Cidade de Bucharest, Av. Marconi and Avenida de Roma. It has three independent entrances. The building with 65 apartments, over seven floors, of types T1 to T3, will also have three floors of garage with 75 places and storage rooms.
Eduardo Souto de Moura, architect of the project, explains the architectural concept: “This is the first project that I will execute from scratch in Lisbon. I have practically only worked on restorations. The building is not inconsistent with the site, it is also not mimetic with the surroundings, it has its own identity, and it tries to answer the energy questions that are also fundamental today. ”
In addition to the residential area, The One will also have capacity for four stores, gym and garden. It is located close to parks, cultural spaces, schools and restaurants and has a public transport network with access to the most emblematic points of Lisbon. The One is suitable for those who prefer to live in the capital, in a quality property, irreverent, with good areas and large balconies.
In Portugal for three years, this is the four project of the Kronos Homes brand in the country, which already has the residential development Distrikt, also in Lisbon, in Parque das Nações, and two resorts in the Algarve – Palmares Ocean Living & Golf and Amendoeira Golf Resort.
“The One is the place for those who want to have more time, more space and be closer to the strengths of the city of Lisbon. The name conveys its unique character, which is distinguished by its differentiating characteristics and location. It also reflects the brand we want to leave in Portugal, the value we want to add through reference and quality ventures. ”, Says Saïd Hejal, founder and CEO of Kronos.
The promoter started its activity in the Spanish residential sector in 2015, a time since it has been increasing its business portfolio and the investment aimed at their development. It arrived in Portugal at the end of 2017, thus starting its international expansion. It currently has 24 projects underway in both markets.