The Ribamar development is the most recent real estate development in the Porto metropolitan area, in Póvoa de Varzim. Composed of two twin buildings, it presents a unique collection of luxury apartments on the seafront. The Ribamar stands out for its excellent architectural quality, with clean lines and a unique charm, right by the beach.
The new Ribamar development is the luxury building that Póvoa de Varzim was sorely missing. This popular city on the north coast of Portugal is known for the healthy life it provides with its therapeutic beaches and the legendary energy of the casino. It’s a city that is crowded with fine dining, culture and tradition, a contemporary city of old fishermen where more and more people want to invest. It was in need of a new real estate concept, capable of combining modernity and comfort, the needs of families and pleasure.
In the last decade, the transport links between Póvoa de Varzim and Porto have been greatly simplified, with the Porto Metro directly connecting the city centre to Póvoa in just 45 minutes, which means that many of those who work in Porto choose to live on the northern coast, namely in enclaves like Póvoa de Varzim and Vila do Conde. The regions that make up the metropolitan area of Porto offer a healthier and more peaceful lifestyle, and a more attractive real estate market, with houses and apartments by the sea cheaper than those in Porto.
With an innovative design valued for the quality of its construction and the refinement of its details and contemporary finishes, the Ribamar Building is composed of two twin buildings: the East building, built one street back from the beachfront, with large, luxurious T2 and T3 apartments; and the West building that faces the sea and has wonderful T3 and T4 apartments, with huge 48-metre balconies that mean you won’t miss any aspect of the amazing scenery: the sun and the beach, the light and peace of mind.
Ricardo Costa, CEO of LUXIMO'S Christie's International Real Estate, emphasises the added value of these luxurious apartments that are "the ideal choice for families and a safe investment. The inside of each apartment stands out for the light provided by the big windows and the balconies, which look out over the ocean… The unbeatable location of the apartments, on the very seafront, gives a special value and charm to the project, making it unique and especially attractive for both Portuguese customers and expats.”
LUXIMO'S Christie's began this month to present the project to its portfolio of national and international clients. The Ribamar Development is now finished and flats are on sale at LUXIMO'S Christie's International Real Estate and ENTREPORTAS, on an exclusive basis, with prices ranging from 264,000 euro to 1,277,000 euro, depending on the type of apartments.