The "new" Comporta: the investment megaproject that will transform Portugal's charming coastline

Comporta has previously been given the title "the new Ibiza" / Alma da Comporta
Comporta has previously been given the title "the new Ibiza" / Alma da Comporta
25 November 2020, Redaction

Comporta in the municipality of Alcácer, in the old district of Setúbal is surrounded by rice paddies, the ocean, sand dunes and pine forests. Comporta really is a unique destination which, according to the Alma da Comporta project, is a place "where you can connect with nature and live in the moment". Part of the larger Comporta Coast region, the area has unsurprisingly caught the eye of investors from all over the world, and a project to launch the "new" Comporta is about to get underway. 

The megaproject to transform Comporta will be a partnership formed by real estate developer Vanguard Properties (VP) and Amorim Luxury (AL) and will start in December 2020, with the infrastructure work for the 365 hectares of the Torre-Terras da Comporta plot in Grândola, which together with Dunas in Alcácer do Sal is part of the project being developed in the area. The total investment is estimated at 2.3 billion euros.

"We have decided to do all the infrastructure work on the Torre development at once. The pandemic has not compromised the timings of the project," said José Cardoso Botelho, general director of VP, quoted by the Portuguese newspaper Expresso, adding that the deadline for completion of the work is 2 years and the total value of the work is around 30 million euros.

Estimated at 850 million euros, the Torre development is a mixed project, with hotel, residential, cultural and sports components. On 365 hectares of land, the project forsees the building of 245 villas, 3 tourist villages with around 440 accommodation units, 2 hotels (one with 210 rooms and the other with 225) and 2 aparthotels (178+263 accommodation units), among other facilities, details the publication.

Saraiva and Associates are in charge of the general coordination of the project, and national and international architects will be hired to jointly develop the projects, revealed Miguel Saraiva. "There is an area of 289,000 m2 of construction, but it is being considered to substantially reduce the occupation approved in the detailed plan. The project is a marathon and not a sprint," said the architect, quoted by the the Portuguese newspaper. 

For José Cardoso Botelho, integration into the landscape, the use of sustainable materials, the use of solar energy in the most efficient way possible and respect for the environment are some of the assets of the development, which will have an effluent treatment plant whose treated water will serve to water the green areas.

Ready to find the house of your dreams?

Ready to find the house of your dreams?

Find houses for sale and long term rentals on idealista