20 January 2020 – Vanguard Properties, the new owner of Herdade da Comporta, is set to build a new development in the Algarve, called the Bayline. The closed condominium is just 30 meters from Praia dos Pescadores, in Armação de Pêra. The development will have 256 one-to-three bedroom flats, with a total investment of approximately 85 million euros.
The project will likely be one of the last major beachfront developments on Portugal’s southern coast. Most of the flats will have both sea views and view of the lagoon. The Bayline will also have services and leisure areas, including concierge services, a spa, gyms, indoor and outdoor pools, gardens and sports fields.
Original Story: Economia Online – Fátima Castro
Translation/Summary: Richard D. Turner