Press Release_English_CarvoeiroBranco

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Carvoeiro Branco PRESS RELEASE

Carvoeiro Branco Lda Launches Seven New Projects in Lagoa Municipality with a Total Value of € 131.900.000

Carvoeiro Branco Lda, a leader in real estate development in the Algarve region, is thrilled to announce the launch of seven new projects in the municipality of Lagoa. With a total estimated end value of € 131.900.000, these projects represent a significant investment in the region and a demonstration of the company ' s commitment to creating vibrant and thriving communities.

Founder, businessman, and investor Erik de Vlieger and his dedicated team have identified Lagoa as a prime location for growth and development and are excited to continue bringing their proven expertise and vision to this exciting municipality. Carvoeiro Branco has a proven track record of success, including the recent transformation of Atrium Lagoa, and is confident that these new projects will positively impact the community.

In addition to these new developments, Carvoeiro Branco is also a minority shareholder of Carvoeiro Clube Group and is actively involved in the tourism industry, bringing a unique and holistic approach to their developments. We look forward to continuing to work with the local community and stakeholders to create sustainable and desirable places to live and visit.

The seven projects, which are part of the € 131.900.000 development, include:

1. Vale de Pipa, Lagoa, a residential development of 304 apartments and 20 villas, with a total end volume of € 65.000.000.

2. Prime Life Carvoeiro, Lagoa, featuring 30 high-quality apartments close to the sea, with a development volume of € 13.200.000

3. Atrium Liberdade, Lagoa, comprising 33 residential apartments in the center of Lagoa, with a development volume of € 7.200.000.

Arade Premium Village, Bela Vista, Lagoa, offering 9 townhouses, 8 apartments, and 13 villas, with a development volume of € 9.500.000.

Match Lagoa, a 56-room hotel with a professional football training center, with a development volume of € 12.000.000.

Monchique View Carvoeiro, Lagoa, featuring 137 tourist apartments, with a development volume of € 22.000.000.

Atrium Residence Lagoa center, comprising 11 apartments and two shops, with a development volume of € 3.000.000.

For more information, please contact:

Carvoeiro Branco

Rua Jacinto Correia, Edificio Atrium Lagoa, Bloco A, Loja JLM

8400-398 Lagoa, Portugal

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