UPON Bay Mundet is a unique residential and investment development that breathes new life into the historic Mundet cork factory, originally built in 1905 in Seixal, Portugal. Thoughtfully reimagined by TIP Architects, the building preserves key architectural elements like the original factory plinth and pier entrance, blending heritage with modern design. The structure features new upper volumes wrapped in a cork-inspired façade, symbolizing its roots while providing bright, contemporary living spaces. The two-level ground floor connects interior communal areas to landscaped courtyards, creating inviting shared spaces for both residents and guests.
Nestled along the Tagus River in the heart of Seixal’s historic dockside quarter, the location offers a peaceful waterfront lifestyle with panoramic views and a vibrant cultural setting. Just 16 minutes from central Lisbon by ferry and around 40 minutes to Lisbon Airport, the development strikes a perfect balance between tranquillity and connectivity. Within walking distance are riverside cafés, a promenade, local shops, public transportation, and green spaces. The area also enjoys proximity to beaches, golf courses, and the Arrábida natural park, offering an enriching lifestyle in one of Portugal’s fastest-growing residential zones.
The development features 102 apartments spread over four floors, with layouts ranging from studios (T0) to three-bedroom units, including lofts and duplexes. Unit sizes range from 70 m² to 231 m². All apartments are delivered fully furnished with equipped kitchens, built-in wardrobes, double-glazed windows, reversible air conditioning, and parking. They hold an energy certification of Class B and reflect a commitment to comfort, design, and functionality.
Residents enjoy access to a variety of premium amenities, including a rooftop infinity pool with sweeping views of the river, a sauna, and a restaurant with a bar terrace. Inside, the building features a fully equipped gym, co-working and co-living lounges, a multipurpose meeting room, concierge services, and a 24/7 multilingual reception. The development is designed with sustainability in mind, operating under an ISO 14001-certified environmental management system and offering energy-efficient infrastructure throughout.
The property operates under a 4-star aparthotel model managed by STAYUpon Hospitality, offering buyers flexible usage options. Investors can benefit from a guaranteed 5% return per year for the first 3 years. Studio and one-bedroom owners are entitled to 2 weeks of personal use annually, while larger units allow for more generous or full-time personal stays. The project includes full transparency in its operations, with quarterly financial updates and an annual report.
Ideal for both lifestyle buyers and investors, UPON Bay Mundet provides a rare opportunity to own a modern riverside property in a regenerating historical area, with strong rental yields, management support, and the charm of a heritage-rich environment. Whether you're looking for a pied-à-terre near Lisbon, a fully managed rental income stream, or a combination of both, this project offers an exceptional blend of convenience, culture, and long-term value.
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