Martinhal Residences
Martinhal Residences is the Lisbon-based luxury branded residences arm of family-owned Elegant Group, developing and selling serviced apartments and duplex penthouses in Lisbon's Park of Nations for affluent international expatriate families and residency-seeking investors.
- Company typePrivate
- Founded2010
- HeadquartersLisbon, Portugal
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Martinhal Residences does
Martinhal Residences is the branded residences product of the Elegant Group, a family-owned (Roman and Chitra Stern) Portuguese luxury hospitality and real estate business with 22 years of operating history in Portugal. The company develops and sells luxury urban apartments (studios to 5-bedroom) and 7 exclusive duplex penthouses in Lisbon's Park of Nations, integrating hotel-style services — 24-hour concierge, housekeeping, security, and access to the Martinhal Circle family club (pools, gym, kids club, coworking, Terrace restaurant). The development was inaugurated in June 2023 after being approximately two-thirds sold off-plan.
The underlying "technology" is physical rather than digital: nature-integrated façade design by architect Eduardo Capinha Lopes (inspired by Hundertwasser and Bosco Verticale), Bulthaup kitchens with Miele appliances, Margres Prestige Calacata tiles, Iroko wooden floors, and curated art installations by six Portuguese artists including Bordalo II and Kruella d'Enfer (a 19-floor internal mural). The Martinhal Residences brand sits within a broader ecosystem of 5 Martinhal properties (Sagres, Quinta da Marinha, Chiado, Lisbon Oriente, plus recently announced Praia da Luz) and the United Lisbon International School (a joint venture with Dukes Education Group, 630+ students, located 900m from the residences).
Martinhal Residences generates revenue primarily through one-time branded apartment and penthouse sales, complemented by recurring managed-living fees (housekeeping, maintenance, concierge, club membership, 24-hour reception/security). Buyers also gain access to an optional letting pool enabling rental income through the Martinhal network. The go-to-market is direct-to-consumer — website, phone, email, property viewings, webinars, and content marketing — targeting affluent international expatriate families and individual investors, with explicit emphasis on Portuguese residency programmes (D7, D8, Golden Visa). The parent entity, Elegant Family Hotels Management, S.A., is a private Portuguese company headquartered in Lisbon with approximately 39 employees.
Martinhal Residences firmographics
Firmographics- Name
- Martinhal Residences
- Legal name
- Elegant Family Hotels Management, S.A.
- Website
- https://martinhalresidences.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Martinhal Residences is the Lisbon-based luxury branded residences arm of family-owned Elegant Group, developing and selling serviced apartments and duplex penthouses in Lisbon's Park of Nations for affluent international expatriate families and residency-seeking investors.
- Ownership category
- akta.pro rank
Martinhal Residences industry classification
Industry- Product category
- Luxury Branded Residences
- NAICS
- Accommodation (721), Other Traveler Accommodation (72119)
- SIC
- Hotels & Motels (7011), Operators Of Apartment Buildings (6513)
- akta.pro primary industry
- Luxury Serviced Residences (THAGAEAJ)
- akta.pro secondary industries
- Luxury Villas & Residences Resorts (THAGACAM), Luxury Vacation Homes & Residences (THAMAEAB)
Keywords
Where Martinhal Residences is headquartered
LocationHeadquarters
- HQ city
- Lisbon
- HQ country
- Portugal
- HQ region
- Europe
Offices1 record
Markets served
Martinhal Residences business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Luxury Apartment Sales: Direct sale of branded luxury residences (studios to 5-bedroom apartments and penthouses) in Lisbon's Park of Nations. Properties include concierge services and access to Martinhal Circle club.
- Managed Living Services: Ongoing services including housekeeping, laundry, maintenance, and concierge charged separately based on usage. Condominium fees cover club membership, 24-hour reception, security, and building maintenance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Penthouse Collection - 7 exclusive duplex penthouses on top two floors |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Martinhal Residences product offering
Product offeringCore offering
Martinhal Residences develops and sells luxury branded residences — studios through 5-bedroom apartments plus 7 exclusive duplex penthouses — in Lisbon's Park of Nations. Each residence comes with access to the Martinhal Circle family club (pools, gym, kids club, coworking, restaurant) and managed living services including 24-hour concierge, housekeeping, laundry, maintenance, and optional participation in a rental letting pool. The offering is targeted at affluent international expatriate families and visa/residency seekers.
Product overview
Martinhal Residences is a single, unified branded residences product offering luxury urban apartments (studios to 5-bedrooms) and 7 exclusive duplex penthouses in Lisbon's Park of Nations. The development includes the Martinhal Circle family club (pools, gym, kids club, coworking space) and the Terrace restaurant, all operated with hotel-style services by the Martinhal brand. Residents have access to concierge, housekeeping, and maintenance services, with the option to enter units into a rental pool.
Differentiator
Problem solved
Functional benefit
Products and services
- Martinhal Residences Luxury branded residences in Lisbon's Park of Nations offering studios through 5-bedroom contemporary apartments with hotel services, managed by the Martinhal brand.
- Penthouse Collection Seven exclusive duplex penthouses on the top two floors with panoramic views of the River Tagus and Vasco da Gama bridge, featuring Bulthaup kitchens, Margres Prestige Calacata tiles, Iroko wooden floors, and Vitra-furnished show rooms.
Quantifiable outcome
- 22 years of hospitality experience in Portugal
- +2 more outcomes
Companies that use Martinhal Residences
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Martinhal Residences technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Martinhal Residences partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- United Lisbon International SchoolcoreInternational school located 900m from Martinhal Residences, opened September 2020 with over 630 students. Co-developed by the Elegant Group as part of the Park of Nations development.
- Edu Hub LisboncoreEducation partner located in Park of Nations area. Martinhal partnered with Bordalo II exhibition at Edu Hub Lisbon.
- Ageas (Insurance Company)minorThe Elegant Group developed the neighboring Ageas headquarters building (completed December 2021) adjacent to Martinhal Residences in Park of Nations.
- VitraminorSwiss luxury furniture brand collaborated with Martinhal for furnishing the penthouse show rooms.
- BulthaupcoreGerman luxury kitchen brand providing kitchens for upper residential floors. Bulthaup kitchens are known for highest quality German engineering and design.
- MielecoreGerman premium appliance manufacturer providing appliances for Bulthaup kitchens in Martinhal Residences.
- Cantinho do AvillezminorMichelin-star chef José Avillez's restaurant located in Park of Nations, featuring Portuguese-inspired cuisine. Restaurant located within walking distance of Martinhal Residences.
- Eduardo Capinha Lopes / Capinha Lopes ConsultingcoreInternationally acclaimed architect designed Martinhal Residences. Offices in Lisbon, Porto, New Delhi and Port Louis. Design inspired by Hundertwasser and Bosco Verticale with nature-integrated façade.
Scale indicators8 records
Recent moves8 records
Expansion highlights5 records
Martinhal Residences competitors and assessment
Company assessmentBroad incumbents
- Rosewood Residences: Rosewood operates a portfolio of luxury residences attached to its hotels. Directly comparable to Martinhal Residences in offering branded residences with hotel-managed services aimed at high-net-worth international residents.
- Ascott (The Crest Collection / Ascott branded residences): Global serviced-residence operator with luxury branded offerings. Comparable to Martinhal Residences in operating premium serviced-residence concepts, though Ascott's model is more rental/operational than developer-sale.
- Four Seasons Private Residences: Global luxury hospitality brand with branded residences across major cities. Comparable to Martinhal Residences in offering fully-serviced luxury residences with hotel-backed service levels and a recognized international brand premium.
- Bvlgari Hotels & Resorts (Bulgari Residences): Luxury hotel brand operating branded residences in cities including London and Rome. Comparable to Martinhal Residences in positioning branded residences as a luxury lifestyle product with high-end design and concierge services.
- Mandarin Oriental Residences: Luxury hospitality brand with branded residences in select cities. Comparable to Martinhal Residences in combining prime urban locations with full hotel services and residential ownership.
- Aman Residences: Ultra-luxury hotel brand operating a portfolio of branded residences globally. Comparable to Martinhal Residences as a high-end, hotel-managed branded residences concept targeting ultra-affluent international buyers with full-service living.
Regional players
- Vilalara Residences / Quinta da Marinha Resort: Portugal-based luxury resort and residences in Cascais/Algarve region. Comparable to Martinhal Residences as a Portuguese luxury resort and branded residence offering with hotel services.
- Quinta do Lago Real Estate: Luxury residential and resort community in Portugal's Algarve. Comparable to Martinhal Residences as a destination luxury real estate brand targeting affluent international buyers seeking Portugal lifestyle/residency.
- The Residences at Conrad Algarve: Luxury branded residences adjacent to the Conrad Algarve hotel in Quinta do Lago. Comparable to Martinhal as a Portugal-based luxury branded residence product, though positioned in the Algarve rather than Lisbon.
Direct peers
- Six Senses Residences: Hospitality brand operating branded residences in resort and select urban locations, with a wellness/lifestyle positioning. Comparable to Martinhal Residences in offering residential ownership tied to a hospitality lifestyle brand.
Market position
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Martinhal Residences social profiles
Digital presenceMartinhal Residences financial estimates
Financial estimateRevenue estimate
Valuation estimate
Martinhal Residences leadership team
Management profileNumber of profiles
Profiles2 records
Martinhal Residences subsidiaries and ownership
Company hierarchySubsidiaries6 records
Martinhal Residences funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Martinhal Residences M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Martinhal Residences
What does Martinhal Residences do?
Martinhal Residences develops and sells luxury branded residences — studios through 5-bedroom apartments plus 7 exclusive duplex penthouses — in Lisbon's Park of Nations. Each residence comes with access to the Martinhal Circle family club (pools, gym, kids club, coworking, restaurant) and managed living services including 24-hour concierge, housekeeping, laundry, maintenance, and optional participation in a rental letting pool. The offering is targeted at affluent international expatriate families and visa/residency seekers.
Is Martinhal Residences a public or private company?
Martinhal Residences is a private company. It is classified as family owned and is currently operating.
When was Martinhal Residences founded?
Martinhal Residences was founded in 2010. It employs 11 to 50 people.
Where is Martinhal Residences based?
Martinhal Residences is headquartered in Lisbon, Portugal, in the Europe region.
How does Martinhal Residences make money?
Two revenue lines are on record. Luxury Apartment Sales are the primary driver. The others are managed Living Services.
Who are Martinhal Residences's main competitors?
Broad incumbents on record are Rosewood Residences, Ascott (The Crest Collection / Ascott branded residences), Four Seasons Private Residences, Bvlgari Hotels & Resorts (Bulgari Residences), Mandarin Oriental Residences and Aman Residences. Regional players are Vilalara Residences / Quinta da Marinha Resort, Quinta do Lago Real Estate and The Residences at Conrad Algarve. Six Senses Residences is listed as a direct peer.
Does Martinhal Residences have an API?
No public API is recorded for Martinhal Residences.
What industry is Martinhal Residences in?
Martinhal Residences's product category is Luxury Branded Residences. Its primary akta.pro industry code is THAGAEAJ, Luxury Serviced Residences, with a secondary code of THAGACAM, Luxury Villas & Residences Resorts. Its NAICS code is 721 and its SIC code is 7011.