Description
Located in the heart of the picturesque fishing village of Porto Covo, just 50 meters from Praia Grande and nestled within the stunning Southwest Alentejo and Costa Vicentina Natural Park, the Pestana Porto Covo Beach Residences are set to become a premium investment opportunity. This new project is positioned on an expansive 8-hectare seafront plot and will feature approximately 238 one-bedroom and two-bedroom tourist apartments. Each unit will boast private swimming pools and will be part of an exclusive condominium, complete with various services, beautiful gardens, and recreational areas. The thoughtfully designed apartments will offer an open-concept layout that includes a modern kitchen, dining space, leisure area, a suite, an office, a living room, and a bathroom catering to common areas. The Pestana Hotel Group will oversee the tourist operation and services as well as condominium management, ensuring a high standard of living for all residents. Slated for completion in 2027, this extraordinary development, curated by the renowned Gonçalo Salazar de Sousa Architecture Studio, presents a distinctive lifestyle amidst nature’s beauty. Considering the unique location and the high-quality amenities offered, the price of €855,000 for this property is reasonable. This investment not only secures a exquisite living space in one of Portugal’s most sought-after coastal areas but also holds significant potential for appreciation as the region continues to attract tourism and interest.
