ESSENCE - New Tradition
Under ConstructionPorto, Campanhã
About
Atop Aventino Hill, between Campanhã and Antas, ESSENCE – New Tradition is a residential development that invites you to live the city in an authentic, contemporary way, deeply connected to its roots. Set within a former estate surrounded by gardens and centuries-old trees, it unfolds naturally along the hillside across four blocks and 84 apartments, from Studio to 4BR with rooftops, with areas ranging from 44 m² to 298 m². Each home is designed for comfort, light and a connection to the outdoors, with generous balconies, rooftop terraces and gardens.
Developed by Alma Development (part of France's Panhard International group) with architecture by the OODA studio, the project represents an investment of more than €30 million. Its striking architectural language uses irregular exterior pillars to create an iconic rhythm on the facade, with concrete that evokes the site's ancient walls and wood that adds warmth.
Residents enjoy a heated outdoor pool, a gym, a kids and teens club, a multi-purpose room, coworking space, a digital concierge, ample green spaces, electric-vehicle charging, parking and storage. Metro, buses, schools, commerce and services are all within minutes, with the nearby former Slaughterhouse reborn as a cultural, business and social hub. Completion is expected in the fourth quarter of 2026.
Amenities
Included with Numeralis — free
- Full data access — comparable, structured, independent
- In-house guidance — agency, lawyer, mortgage partner routing
- Notary + registry handled at closing (~€1,000 value)
€/m² vs. peer median
0.0% vs. 4,511€/m²
Priced below peers — competitive for the area.
Antas Prime
2,674€/m² -40.7%
Edifício Campanhã
2,855€/m² -36.7%
Oriental 8
2,927€/m² -35.1%
Miraflor
3,308€/m² -26.7%
Viena Residences
3,450€/m² -23.5%
Empreendimento São Roque da Lameira
3,932€/m² -12.8%
Bouça Ribas
3,967€/m² -12.0%
Bonfim 680
4,063€/m² -9.9%
Antas Park View
4,086€/m² -9.4%
Industrial Haven Apartments
4,458€/m² -1.2%
Flores
4,466€/m² -1.0%
Lameira Residences
4,679€/m² +3.7%
Freixo Terrace
4,698€/m² +4.1%
Antas Atrium
4,708€/m² +4.4%
NOBEL 41-85
5,606€/m² +24.3%
Cartes L3
5,611€/m² +24.4%
Freixo 1032
6,047€/m² +34.0%
Douro 39
6,313€/m² +40.0%
Local supply
This project has 14 unit total — 2.4% of all new dwellings licensed in the area.
- Studio/1BR 196 zone 1 here 0.5%
- 2BR 239 zone 1 here 0.4%
- 3BR 122 zone 5 here 4.1%
- 4+BR 36 zone 7 here 19.4%
Location & neighbourhood
Campanhã, Porto
Open in Google MapsAsk about the area
Tap a question to see the answer — sourced from Google Places & Routes for this project's exact coordinates.
Units
14 units · 14 available (100%) · €4,045–4,878/m²
| Typology | Floor | Area | Price | €/m² | Plan | Status |
|---|---|---|---|---|---|---|
| 1BR Last | 0 | 74 m² | €330,000 | €4,459 |
|
Available |
| 2BR Last | 0 | 110 m² | €445,000 | €4,045 |
|
Available |
| 3BR | 3 | 108 m² | €520,000 | €4,815 |
|
Available |
| 3BR | 1 | 132 m² | €595,000 | €4,508 |
|
Available |
| 3BR | 1 | 139 m² | €678,000 | €4,878 |
|
Available |
| 3BR | 2 | 148 m² | €708,000 | €4,784 |
|
Available |
| 3BR | 2 | 107 m² | €485,000 | €4,533 |
|
Available |
| 4BR | 4 | 198 m² | €935,000 | €4,722 |
|
Available |
| 4BR | 2 | 205 m² | €950,000 | €4,634 |
|
Available |
| 4BR | 2 | 194 m² | €835,000 | €4,304 |
|
Available |
| 4BR | 3 | 194 m² | €855,000 | €4,407 |
|
Available |
| 4BR | 3 | 194 m² | €855,000 | €4,407 |
|
Available |
| 4BR | 2 | 194 m² | €835,000 | €4,304 |
|
Available |
| 4BR | 2 | 204 m² | €920,000 | €4,510 |
|
Available |
Mortgage Simulator
Default: cheapest of 14 units — drag for larger units in this project
Portugal national rate · 2026-05-31
Estimated monthly payment
on a loan
Financing
- Property price
- Down payment · 20%
- Loan amount
One-off costs at purchase
- IMT
- 24,750€
- Stamp duty (IS)
- 2,640€
- Notary & registry
- Free with Numeralis 1,000€
Estimated monthly rent
2,115€
INE Campanhã · 2024
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