A Low-Slung Four-Bedroom Bungalow in Portugal
$4.3 MILLION (3.9 MILLION EUROS)
This four-bedroom house with a thatched straw roof is nestled amid umbrella pines and ancient olive trees a few miles from a 40-mile stretch of Atlantic Ocean beaches in Comporta, a coastal area in Portugal’s south-central Alentejo region, about an hour south of Lisbon.
The 2,842-square-foot contemporary version of a traditional Comporta country villa was built in 2019 on a 0.44-acre lot. Sunsets, neighboring rice fields, and farms across the flat countryside are visible from a rooftop terrace, said Luiz Felipe Maia, the founder and director of Maia Properties International, which has the listing.
Estates Spatia Comporta, 10 of 38 homes are sold, and five are reserved for two- to four-bedroom villas on lots between 2.5 and 15 acres, said Mr. Koch de Gooreynd. Prices for the remaining homes range from 1.5 million to 2.6 million euros ($1.66 million to $2.9 million). Sister property Spatia Comporta’s 27 homes are sold out, with two resales, Mr. Maia said. Among the amenities included at both properties is hotel/concierge service, with an annual condo fee of $6,085. A free shuttle takes residents to a members-only beach club at nearby Praia do Pinheirnho.
Buyers at the area’s new developments tend to be “not retired but 35 to 50 years old, with families,” Mr. Paiva said, and looking to buy homes that will be finished in a year or two “because of the simplicity of the process,” instead of buying land and hiring an architect and getting approvals.
Among other projects in development are Muda, Dunas and Torre — all by Vanguard Properties, a Portuguese developer based in Lisbon.
Muda Reserve, a residential development where construction is expected to begin this spring on 175 villas with private pools, starting at 1.25 million euros ($1.385 million). The result is “for those who enjoy the calm of the countryside with the sea nearby,” said Duarte Zoio, head of corporate communications for Vanguard Properties. The development will also include children’s areas, a restaurant, bar, church, co-working space and a convenience store.
At Dunas and Torre — mixed-use developments with residential condominiums, hotels, wellness, gastronomic, and sports facilities and services — construction is scheduled to begin later this year on 245 villas set among on Torre’s 900 acres. At Dunas, with 2,500 acres, up to 750 villas will be built on 0.61-acre to 1.5-acre lots. Prices at both range from 1.5 million to 15 million euros ($1.65 million to $16.5 million), Mr. Zoio said.