Finnish group Pontos, owner and developer of the Ombria Resort in Loulé, is investing €30 million in the construction of Villas Alcedo, a collection of 12 bespoke luxury villas. Construction is due to begin this summer, with prices starting at €2.5 million.
Located on an adjacent plot of land near the Viceroy Hotel, which is under construction since last December, Villas Alcedo will comprise 12 individual plots from 1,700sqm to 3,300sqm for private turnkey villas.
Construction areas will range between 387sqm and 569sqm, with villas boasting three to seven rooms, heated pools, elevators, terrace, three-car garage and ample gardens with views over the resort’s golf course.
Designed by Portuguese studio Promontorio Architects, these villas will allow buyers the freedom to personalise certain aspects of finishing.
Each house will be its own while still following a common theme: “a Portuguese contemporary house inspired by tradition which blends in with the surrounding landscape.”
Owners will be able to handle maintenance and rent out the homes on their own or hire the resort’s maintenance and property management services, which will be provided by the Viceroy Hotel group. Owners will also have access to the Viceroy Hotel facilities as well as the Ombria Resort golf course.
“This pandemic has given us the opportunity to rethink the way we work and live,” said Ombria Resort CEO, Julio Delgado.
He added: “Villas Alcedo are villas built on spacious individual plots, located above a stream and with panoramic views over the golf course and surrounding natural landscape. The design maximises views, privacy and sun exposure. These are perfect houses for those seeking safety and the ideal balance between work and personal life.”
The first phase of Ombria Resort represents an initial investment of some €100 million and, apart from Villas Alcedo, includes the five-star Viceroy Hotel, 65 Viceroy Residences, a conference centre and an 18-hole golf-course which is already built and will open to the public at the same time as the hotel, at the start of 2022.
By 2030, the group expects to have invested €260 million to build 380 properties and set up organic farms, beekeeping activities, an astronomical observatory, heated pools, walking and cycling trails and a beach club at a nearby beach.