Portuguese investment firm Bondstone has unveiled Arcaya, a luxury residential project valued at €700 mln.
Located on the grounds of Quinta do Morgadinho in Vilamoura, the sprawling property encompasses over 68 hectares in a forest surrounding. The first phase will see the construction of 48 villas, with prices starting at €1.9 mln each. Completion of this initial phase is anticipated within the next year.
The project introduces three distinct villa styles – Terracotta, Timber, and Sand – all characterized by wooden structures and prefabricated construction techniques. Each villa boasts a generous living space of 240 m2 spread across two floors. The residences offer up to four bedrooms and can be customized to suit the preferences of future residents. They also include expansive outdoor areas featuring gardens, terraces, and private pools, along with spacious living and dining areas.
The property occupies a prime location within Algarve’s Golden Triangle, offering proximity to beaches, golf courses, and the Vilamoura Marina. The project will further encompass a clubhouse, restaurants, a wellness centre, a grocery store, laundry services, concierge assistance, and bicycle tours. Marketing for Arcaya is being handled by Bondstone, Quinta Properties, and Sotheby's.
Frederico Pedro Nunes, COO at Bondstone, said: ‘We are very proud to present Arcaya to the market, a project that reflects Bondstone's vision and ambition and aims to bring a new perspective on sustainability and architecture to the national real estate market. With a pioneering approach, we redefine sustainability standards in the real estate sector and the carbon footprint in the construction sector.’
Designed by Batlleiroig architects, Arcaya Homes prioritize eco-friendly living by minimizing environmental impact throughout the entire project.
Bondstone’s investment portfolio in Portugal holds a gross development value exceeding €1 bn. Last month, the Portuguese fund manager launched a new residential project in Sintra, valued at €70 mln.
