Bondstone Acquires Full Ownership of Greenstone Project

The Bondstone group has reached an agreement with Violas Ferreira Holding (HVF) to acquire its entire stake in the Greenstone project, a new residential development with 36 houses, many gardens, and private pools located in Nevogilde, Foz do Porto. This operation aligns with Bondstone’s strategy of expanding in the Portuguese market, reinforcing its investment in Porto and the Greenstone project following the success of its commercial launch and the completion of the respective licensing process.

The new development includes “townhouses” and “garden villas” with T2 to T4 typologies (ranging from 140 square meters to 225 square meters and private gardens) and exclusive “sky villas” (penthouses ranging from 210 square meters to 355 square meters). With the demolition work completed in June and the next phase of construction set to begin in early 2022, over 30% of the units have already been reserved.

The acquisition of HVF’s stake by Bondstone will not lead to any changes in the marketed project, which will continue to benefit from the expertise of architect José Carlos Cruz and the engineering firm A400, both responsible for other iconic projects in Porto. True to its name, the new development will feature green roofs, solar energy utilization, electric vehicle charging stations, and bicycle parking, among other distinctive features in the Porto market. All Greenstone houses will also benefit from large outdoor areas, unobstructed views, many green spaces, and, in some cases, private pools – in addition to a spacious common garden that includes a pool and a “pool house” for all residents.

Read more at Jornal de Negócios.