Ombria Algarve names João Richard Costa as new CCO

João Richard Costa was previously the Director of Sales and Marketing

Ombria, the new sustainable luxury development located in the heart of the Algarve (Loulé) and due to open in the spring of 2024, has named João Richard Costa as its new Chief Commercial Officer (CCO).

With over 18 years of experience in the market of luxury resorts and residential developments, João Richard Costa was previously the Director of Sales and Marketing at Ombria Algarve for seven years.

Says Ombria Algarve, he possesses “deep knowledge of sales, marketing, and communication in luxury residential real estate, including Branded Residences – residences managed by hotel brands – in international markets.”

“Under his leadership, there has been a significant increase in the Ombria brand value since its launch in 2016, with a particular focus on building a talented and diverse Sales and Marketing team. He led the launch of sales for the Viceroy Residences at Ombria in the domestic market and in various markets across all continents, achieving over 80% of pre-sales to date,” it adds.

Before joining Ombria, João Richard Costa held various leadership roles in global commercial functions, including in Morocco, Portugal, the United Kingdom, and Belgium.

In his new role at Ombria, he will be responsible for all commercial aspects, with a focus on revenue generation, business growth, and sustainability. He will also take on a leadership role within the management team and play an expanded role in the overall strategic development of Ombria.

João is a highly-qualified leader with a proven track record. He has built a high-performance team and brings extensive experience in sales and marketing of luxury real estate in different markets. He is the right person to drive our strategic growth and long-term vision. It is with great pleasure that I appoint João as Chief Commercial Officer of Ombria, and his promotion is a testament to the high-quality talent we have at Ombria,” said Patrick Freeman, CEO of Ombria Algarve.