Teixeira Duarte Real Estate is expanding its residential footprint in the Greater Lisbon area with the launch of Vila Rio, a comprehensive development project situated along the banks of the Tagus River. Positioned under the slogan “Onde o Tejo é casa” (Where the Tagus is home), the project represents a significant effort to integrate sustainable urban living with the natural landscape of the riverfront.
The development is located in Póvoa de Santa Iria, within the municipality of Vila Franca de Xira. This strategic location places the project approximately 20 kilometers northeast of central Lisbon, offering a balance between suburban tranquility and urban accessibility. The project is part of a larger effort to revitalize previously underutilized industrial land, contributing to a waterfront renewal project spanning 17 hectares via Real Estate Lisbon.
Central to the project’s current phase is the introduction of KORI Vila Rio, the first development under the “KORI – Living Evolution” brand in the Lisbon metropolitan area. This specific phase consists of 91 units, with entry-level pricing starting from €300,000, specifically targeting first-time buyers via Real Estate Lisbon. Construction for this phase commenced in August 2025.
Beyond the residential units, the developer has emphasized sustainability as a strategic pillar for Vila Rio. The project aims to implement efficient construction solutions to reduce environmental impact while providing a mix of commerce, services, restaurants, and cultural leisure spaces for residents via Vila Rio Official.
The KORI Concept and Community Amenities
The KORI brand represents Teixeira Duarte’s “Living Evolution” concept, which focuses on flexible living spaces and shared community resources. The KORI Vila Rio development includes the “KORI Club,” a dedicated amenities area covering over 500 square meters via Real Estate Lisbon.
These communal facilities are designed to support modern lifestyle needs, including:
- A rooftop swimming pool for recreation and views of the river.
- Dedicated coworking spaces to accommodate remote professional needs.
- Fitness facilities for health and wellness.
This model follows a successful rollout in Northern Portugal, where the developer has already sold nearly 200 units across two separate projects. The expansion into Greater Lisbon is part of a broader corporate ambition to deliver a total of 500 KORI-branded units across Portugal by 2027 via Real Estate Lisbon.
Connectivity and Urban Regeneration
A primary driver for the project’s viability is its transport connectivity. Vila Rio is located along the Azambuja rail line, providing direct access to Lisbon. Residents can reach Santa Apolónia station in an average of 25 minutes, making it a viable option for those working in the capital but seeking a residential environment outside the city center via Real Estate Lisbon.
The project’s placement within the Vila Franca de Xira municipality aligns with broader regional goals for urban regeneration. By transforming industrial land into a residential and leisure hub, the development aims to create a “new neighborhood” that blends housing with gardens and public access to the Tagus riverfront via Teixeira Duarte Real Estate.
Sustainability and Construction Standards
Teixeira Duarte has positioned sustainability as the “mote” that drives its engineering and construction teams for Vila Rio. The developer’s goal is to find new solutions that make the building process more efficient and environmentally responsible. This approach is integrated into the overall development of the riverfront, ensuring that the growth of the neighborhood does not come at the expense of the local ecosystem via Teixeira Duarte Real Estate.
Key Project Specifications
The scale of Vila Rio is significant, intended to create a holistic community rather than a standalone building. While the KORI phase focuses on 91 units, the broader project vision involves the commercialization of a large-scale development involving hundreds of apartments to meet the housing demand in the eastern corridor of Lisbon.
| Feature | Detail |
|---|---|
| Location | Póvoa de Santa Iria, Vila Franca de Xira |
| Unit Count (KORI Phase) | 91 Units |
| Entry Pricing | From €300,000 |
| Construction Start | August 2025 |
| Communal Space | 500+ m² (KORI Club) |
| Transit Time to Lisbon | ~25 minutes to Santa Apolónia |
For those seeking further information or updates on the construction progress, the developer has established a dedicated portal at vilario.pt, where updates on specific buildings, such as the “Luz e Alma” phase, are provided.
The next major milestone for the developer is the continued rollout of the KORI brand to meet the 500-unit national target by 2027 via Real Estate Lisbon.
We invite our readers to share their thoughts on the expansion of sustainable residential projects in the Lisbon metropolitan area in the comments section below.