A billion-euro lakeside development is being planned for Vilamoura.
The project Cidade Lacustre or Lakeside City by Lusort is the biggest investment of its kind currently being proposed in Portugal and the most ambitious of the 12 projects of national interest (PIN) being considered.
The 168-hectare resort will be beside Vilamoura Marina and the beach at Falésia, around a series of lakes, canals and waterways which are to be created for the project.
It will have residential, commercial and touristic areas and a total of 3,000 tourist beds are included in the plans, which include a five-star hotel with spa and a tourist village, both to be close to the beach.
The architect behind the project is Rafael de la Hoz and if it goes ahead, it is set to change the face of Vilamoura.
When asked about Cidade Lacustre, Mayor of Loulé, Seruca Emídio told the Algarve Resident: “It is a quality project, destined to set Vilamoura apart.”
As well as the creation of three new lakes and alterations to the existing canals and lakes, provision has been made for moorings for an additional 300 boats.
The commercial area, which will have dining, shopping and leisure facilities, will be in a main plaza, interlinked to the existing marina and the beach by way of a pedestrian circuit across all areas.
At the heart of the resort, there is to be an island in one of the lakes, with a central stage which may be used for performances, shows or concerts.
There are two proposals for the type of water which should form the lakes. One is that it should come from the sea, the other is a freshwater option with the water in this case to come from the Tisnado Lake, which would be treated at the Vilamoura ETAR, the sewage treatment plant.
The results of a study which was carried out to look at the environmental impact of the project is in public consultation until September 14.
No date has been set for work to commence but the project will take a number of years to complete. The urban development section of the project was approved in 1999.