One project is in the beginning of its construction and, in July, a second one will be starting its commercialisation. Fercopor's advances in Vilamoura prove the real estate developer's commitment to this location, where a global investment of €100 million will be made in both projects together.
“Having already a consolidated history and experience in the luxury housing segment in the North, it was natural for Fercopor to also want to invest in the Algarve. We aimed to reach new geographies and reach new markets, namely international ones. These objectives are not only being achieved but will be reinforced with the new project”, explains Mário Almeida, Administrator of Fercopor.
For now, starting the construction process is the Serenity project. Located on Rua das Pimenteiras, close to Vilamoura Marina and golf courses, this luxury private condominium has two buildings, with a total of 53 apartments ranging from T0 to T4 Penthouses.
Signed by Atelier Saraiva + Associados, Serenity has above-average areas, with interiors up to 246 square meters and exteriors up to 306 square meters. The development also has an outdoor pool and garden, heated indoor pool, gym, massage room, and social room for the enjoyment of all future residents.
The project is being built by TPS - Teixeira, Pinto & Soares, an engineering and civil construction company with more than 27 years of experience and a vast portfolio of public and private works.
“Both among the national and international public, we feel a great interest in the Algarve and, in particular, in Vilamoura. The privileged location and the very dynamic lifestyle, but also very close to nature, are distinctive factors”, says the Fercopor Administrator.
“The prestige of the location makes us move forward with confidence towards the new project in Vilamoura, which will also represent what, for us, best distinguishes Fercopor's projects: a location of excellence, with impeccable delivery, from architecture to construction and finishes”, adds Mário Almeida.
With more than 40 years of experience, Fercopor is also preparing new launches in other regions of the country: Porto and Vila do Conde, where it already has several projects completed and others under construction, and Lisbon.