The new 'Muda Reserve' development has 3,200 interested parties of various nationalities for just 175 homes.
Comporta
Vanguard Properties

The supply of housing in Portugal is still not enough to meet demand. The theme is not new, but there is another case that proves it. The demand for homes in 'Muda Reserve', a new development to be built by Vanguard Properties, in the municipality of Grândola, for example, exceeds the available supply by more than 18 times.

José Cardoso Botelho, CEO of the development company, told the Negócios newspaper that the luxury real estate project in Comporta attracted approximately 3,200 interested parties of 30 nationalities - from Portuguese to French and Swiss, to North Americans, Mexicans, Brazilians or South Africans - for a selection of just 175 homes. These brand new villas have between 2 and 5 bedrooms, with prices starting at 1.3 million euros

This project will be the first in the country whose structures are 100% in wood. Until now, none of the properties in the 'Muda Reserve' development have been commercialised, since, for the promoter, it does not make sense "to officially launch the project with all the houses already sold".

The construction of the first new villas in Comporta has already started, and should take between 8 to 12 months to be concluded. The objective, according to Vanguard Properties, is to have all 175 houses ready by the end of 2025.