PRESS RELEASE
VALE DA PIPA RESIDENCE: CARVOEIRO BRANCO AND TEIXEIRA, PINTO & SOARES, S.A. TO DEVELOP THE LARGEST AFFORDABLE HOUSING PROJECT IN THE BARLAVENTO ALGARVE
The Vale da Pipa Residence, in Lagoa, will now be developed as a joint project between Carvoeiro Branco, a real estate developer based in Lagoa, Algarve, and Teixeira, Pinto & Soares, S A (TPS), a construction and engineering company from the north of Portugal With more than 200 expressions of interest already registered, the development stands out as the largest private affordable housing project in the Barlavento Algarve and one of the largest in the region
Comprising 304 apartments ranging from one to three bedrooms and 20 plots for single-family homes, the Vale da Pipa Residence has been designed for young people, families, and professionals seeking quality, comfort, and prices aligned with market realities The commitment is clear: Housing for All
A PROJECT DESIGNED FOR THE COMMUNITY
Located on the outskirts of Lagoa, close to schools, services, and with quick access to the A22 motorway, the development combines tranquillity with urban convenience Parking, storage units, green areas, playgrounds, and leisure spaces complete the proposal, ensuring well-being and quality of life
In addition to the apartment buildings, the 20 housing plots, intended for single-family homes with swimming pools, allow for customised solutions of up to 450 m², tailored to the needs of families looking for a home in the Algarve
ADDRESSING GROWING DEMAND
The Vale da Pipa Residence aims to establish itself as a landmark in the Algarve real estate sector, distinguished above all by its affordability and the diversity of its housing offer, making it a unique reference in the Barlavento Algarve
The project was created with the mission of addressing the shortage of affordable housing in the region, offering modern and financially accessible solutions for different family profiles Beyond residential spaces, it will also include commercial units to support local businesses and entrepreneurs, contributing to Lagoa’s economic dynamism
A STRATEGIC PARTNERSHIP
“The joint project between Carvoeiro Branco and Teixeira, Pinto & Soares, S A (TPS) comes to reinforce the business and technical capacity needed to deliver this landmark development in the Algarve,” highlights Erik de Vlieger, CEO of Carvoeiro Branco “The Vale da Pipa Residence demonstrates that it is possible to create modern and affordable housing solutions for Algarve families and for everyone seeking to live in the region ”
In addition to Vale da Pipa Residence, Teixeira, Pinto & Soares, S A (TPS) will also be responsible for the construction of The Court, a tourist development with 104 apartments in Carvoeiro, promoted by Carvoeiro Branco Both companies are also exploring the possibility of collaborating on further projects, reinforcing a partnership with long-term ambitions
Rua Jacinto Correia
Edifício Atrium Lagoa
Bloco A, Loja JLM
8400-398 Lagoa – Algarve
(+351) 917 498 714
info@carvoeirobranco com www carvoeirobranco com
ABOUT CARVOEIRO BRANCO
Carvoeiro Branco is the largest real estate developer based in the Algarve, recognised for its commitment to quality and community-oriented projects With nearly two decades of experience and around 25 development positions across the Algarve, the company has been strengthening its commitment to affordable housing solutions, incorporating them into its plans to support residents and respond to the region’s housing needs
ABOUT TPS – TEIXEIRA, PINTO & SOARES, S A
TPS – Teixeira, Pinto & Soares, S A is a civil engineering and construction company based in Amarante, with 28 years of experience in the sector Recognised for its technical expertise and consolidated track record, TPS has been involved in major projects across Portugal in areas such as housing, rehabilitation, infrastructure, and public facilities, and is certified in quality, environment, and safety
Rua Jacinto Correia
Edifício Atrium Lagoa Bloco A, Loja JLM
8400-398 Lagoa – Algarve
(+351) 917 498 714 info@carvoeirobranco com www carvoeirobranco com
