PRESS RELEASE
CARVOEIRO BRANCO ANNOUNCES SUCCESSFUL SALE OF BOCA DO RIO LAND TO MUNICIPALITY OF VILA DO BISPO
Carvoeiro Branco is delighted to announce the successful sale of the 127-hectare Boca do Rio property to the Municipality of Vila do Bispo. This achievement marks a significant milestone in fostering collaboration between public and private entities, demonstrating how partnerships can unlock new opportunities for regional growth and development in the Algarve.
COOPERATION IN ACTION
This landmark sale reflects an exceptional moment of mutual understanding and collaboration. Carvoeiro Branco, through its subsidiary BDR, has proudly transferred the ownership of this remarkable property to the Municipality of Vila do Bispo. This transaction exemplifies Carvoeiro Branco’s commitment to preserving the natural and historical value of the land while setting the stage for its future potential.
We express our heartfelt gratitude to the Municipality of Vila do Bispo and Her Excellency the Mayor for stepping in as the ideal custodians of this extraordinary land. Additionally, we acknowledge and thank the municipality’s archaeology department for their expertise and unwavering dedication throughout this process.
COMMITMENT TO THE FUTURE
Carvoeiro Branco looks forward with enthusiasm to witnessing the exciting plans the Municipality has for this unique site. This property holds immense potential, and we are confident in the Municipality’s ability to develop it. Additionally, we remain optimistic about future opportunities to collaborate with the Municipality as their vision for Boca do Rio comes to life, ensuring a lasting legacy for the region.
This milestone serves as a powerful reminder of what can be achieved when public and private ambitions are aligned. The successful transfer of Boca do Rio underscores the importance of working together to create a brighter and more sustainable future for the Algarve. While this chapter marks the beginning of a new era for the property, its story is far from over.
ABOUT BOCA DO RIO
Located in the heart of the Algarve, the 127-hectare Boca do Rio property is an extraordinary site of natural beauty, cultural richness, and historical significance. Surrounded by breathtaking landscapes, the land is a true treasure trove, offering immense possibilities for preservation, education, and sustainable development.
Its archaeological importance adds another layer to its value, as the site holds traces of history that connect the present with the region’s storied past. Boca do Rio stands as a testament to the Algarve’s vibrant heritage, blending untouched nature with cultural depth.
ABOUT CARVOEIRO BRANCO
Carvoeiro Branco is a leading real estate developer in the Algarve, known for its commitment to quality and innovation. With nearly two decades of experience, the company focuses on affordable housing, revitalizing underinvested areas, and boosting the region’s economy, while balancing quality tourism and community-driven projects.
Rua Jacinto Correia
Edifício Atrium Lagoa
Bloco A, Loja JLM
8400-398 Lagoa – Algarve
(+351) 917 498 714
info@carvoeirobranco.com www.carvoeirobranco.com
Boca do Rio Vila do Bispo, Algarve