PRESS RELEASE
Lagoa, 18 December 2024
OVER 150 RESIDENTS MANIFEST INTEREST IN VALE DA PIPA PROJECT AS PRE-SALES ARE POSTPONED
The Vale da Pipa project, an initiative by Carvoeiro Branco to deliver 304 affordable homes in Lagoa, has received overwhelming public interest. With over 150 residents already registering their intent to secure homes, the project has become a clear symbol of the urgent need for affordable housing in the region.
The project will feature a variety of housing options, including apartments ranging from 1 to 3 bedrooms, as well as 20 villas, ensuring diverse and flexible solutions for families of different sizes.
While pre-sales, initially scheduled for December 15, have been temporarily postponed, Carvoeiro Branco emphasizes that it has fully met all technical and regulatory requirements. Despite the company’s readiness, additional adjustments to infrastructure plans, requested as part of the approval process, have introduced delays.
Erik de Vlieger, CEO of Carvoeiro Branco, called attention to the importance of moving forward without further delay: “The strong interest from the community makes it clear: residents need these homes now, not later. We have done everything required to make this project a reality. It is time to prioritize what truly matters to the people of Lagoa.”
A CALL FOR ACTION
The project has already sparked significant engagement, with over 150 individuals and families eager to secure their homes. Carvoeiro Branco remains hopeful that the Urban Planning Department of the City Council of Lagoa will recognize the urgency of this initiative and take swift action to grant final approval. The company stresses that no further delays should be expected and that the project’s timeline is now in the council’s hands. Carvoeiro Branco invites all interested parties to continue submitting their expressions of interest so they can be added to the priority list for pre-sales.
LOOKING AHEAD
Once approved, the Vale da Pipa project will not only address the critical housing shortage but also foster economic growth by incorporating commercial spaces to support local businesses and entrepreneurs.
Carvoeiro Branco extends its gratitude to the Lagoa community for their patience and ongoing support during this process. The company remains fully prepared to deliver on its commitment.
ABOUT CARVOEIRO BRANCO
Carvoeiro Branco is a leading real estate developer in the Algarve, renowned for its commitment to quality and community-driven projects. With nearly two decades of experience, the company has completed a wide range of successful developments across the region. While Carvoeiro Branco continues to balance both affordable housing and luxury tourism projects, the current focus is on addressing the housing needs of local residents through affordable initiatives.
Rua Jacinto Correia
Edifício Atrium Lagoa
Bloco A, Loja JLM
8400-398 Lagoa – Algarve
(+351) 917 498 714 info@carvoeirobranco.com www.carvoeirobranco.com
CARVOEIRO BRANCO
Vale da Pipa, Lagoa
Architect: Ricardo Pina