Finnish group Pontos, owner and developer of the Ombria Resort located 7km north of Loulé, has announced the start of construction of Villas Alcedo, a collection of 12 bespoke luxury villas.
Construction was due to begin last summer but was apparently postponed until now.
Representing a €30 million investment, 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.
As the group points out, each villa will be built to meet the needs and desires of the client.
Prices start at €2,550,000 (furniture not included), while design duties are in the hands of Portuguese studio Promontorio Architects.
Says the group, 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 the maintenance and rental of their property or hire the management services offered by Ombria Resort through its operator Viceroy Hotels & Resorts.
Property owners will also have access to the Viceroy Hotel facilities and the Ombria Resort golf course.
The €30 million being invested in the construction of Villas Alcedo is part of a larger €100-million investment by the group until 2022 to complete the first stage of the Ombria Resort – it will include the five-star Viceroy Hotel (with six restaurants, pools, spa, gym and kids club); 65 Viceroy Residences, a Conference Centre and an 18-hole golf course which is already built and will open in 2022 along with the hotel.
Says Júlio Delgado, CEO of Ombria Resort: “This pandemic has given us the opportunity to rethink the way we work and live.
“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 homes for those seeking safety and the ideal balance between work and personal life.”
By 2030, the Pontos group is expecting to invest a total of €260 million across the project’s three phases.
By the time the whole resort is completed, it will feature 380 tourist and residential properties, as well as a “vast array of leisure and entertainment facilities” including an area for organic agriculture, beekeeping, astronomical observatory, heated pools, trails for hikers and cyclists and a beach club at a nearby beach.
The group highlights that the resort’s construction density is extremely low (around 3.5%) making it one of the projects with the lowest construction density in Europe.