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Essence development begins sales phase

On January 25, ALMA Development, one of Portugal’s leading real estate development companies, began selling its latest real estate project, ESSENCE – New Tradition, located in Antas, Porto, and scheduled for completion in the fourth quarter of 2025.

ESSENCE is a real estate project of excellence, incorporating the highest standards of quality and innovation in the development of residential properties.

With a total construction area of around 10,300m2 above ground, ESSENCE consists of 84 apartments with generous areas and large balconies, spread over 4 blocks, ranging from studio apartments to 4-bedroom apartments with rooftops.

“With a privileged location in the heart of Antas, ESSENCE was “born” inside an old farmhouse at the top of “Monte Aventino”, surrounded by gardens with centuries-old trees.”


The project has been carefully designed to provide residents with a comfortable, quality lifestyle, with large, bright spaces and a view over the city of Porto.

Overlooking the Douro

ESSENCE overlooks the Douro and offers a unique experience and comfort through carefully selected materials and equipment. The excellent indoor-outdoor ratio, achieved through its balconies, roof terraces and outdoor gardens, makes it possible to enjoy the full potential of the local landscape.

An irregular geometry

The buildings have an architectural composition based on a set of prefabricated exterior pillars with an irregular geometry, maintaining an iconic rhythm and allowing light to invade the spaces through the glazed areas.

The concrete that makes up the façade is a reflection of the old retaining walls that existed on the site, and is supported by wooden elements that convey visual comfort by blending in with the concrete.

All the Convenience

ESSENCE offers a wide range of exclusive services for its residents, including a kids and teen club,multifunction room, gym, digital concierge system, green spaces, charging stations for electric vehicles, garage, storage room, and gated community on plot 2.

ESSENCE - New Tradition

“The ESSENCE project represents a significant investment in the city of Porto and a testament to ALMA Development’s commitment to developing high-quality properties with exclusive services.
With the launch of ESSENCE, ALMA Development reinforces its position as one of the benchmark companies in the real estate sector in Portugal and reiterates its commitment to offering its clients the best in terms of quality, innovation and comfort.”

Francisco Carmona, CEO of ALMA Development