João Vieira’s New Project for Fercopor Featured on Anteprojectos Portal

Original Publication: Anteprojectos

Fercopor Launches Second Luxury Real Estate Project in Vilamoura, Designed by Architect João Vieira

Less than a year after launching the Serenity project, real estate developer Fercopor is doubling down on Vilamoura and the luxury housing segment. Lumare features 62 apartments ranging from T1 to T4 Penthouse in a contemporary architectural design by Architect João Vieira.

In August, Fercopor made its debut in the Algarve real estate market, anticipating an investment of 100 million euros in two projects near the Vilamoura Marina. Following the market interest generated by the Serenity project, which includes 53 apartments with construction starting in April, the developer now presents the Lumare project.

“The Algarve real estate market has always been dynamic, but there is increasing national and international demand for housing projects with different criteria, such as comfort or space dimensions. Therefore, our focus has been on creating developments for those looking to reside or spend extended periods in this region— a unique profile in the Algarve with significant growth potential,” says Mário Almeida, Administrator of Fercopor.

“We wanted to develop a comprehensive proposal for those looking to enjoy all that the Algarve has to offer. The location, close to the Vilamoura Marina, was once again essential for the project’s value,” he adds.

The new project includes four buildings with 62 apartments, among which six penthouses (two T4 and four T3) stand out. Identified as Sky Residences, all feature a large terrace and swimming pool with sea views, with outdoor areas reaching up to 358 m2. The interiors are also the largest in the development, reaching up to 195 m2.

The project also includes 56 other apartments ranging from T1 to T3, following two distinct housing concepts. The Garden Residences feature private gardens within the apartment, while the Essence Residences emphasize the size of the indoor and outdoor spaces.

Common to all units are features considered “key” in the housing profile developed by Fercopor across all its projects: generous areas, superior quality finishes, and a strong connection between the interior and exterior, which is particularly relevant in a region where the sun and sea define the landscape.

“The layering provides a variety of spaces, such as terraces and projections, offering diverse experiences of light and shadow, ensuring areas for both privacy and exposure,” explains Architect João Vieira, responsible for the project.

“As a result, the variations in apartment types on each floor give the building a unique identity,” adds João Vieira, who has leveraged his over 20 years of experience in this project. João Vieira has projects across Europe, North America, and South America, having lived and worked in cities like New York, Copenhagen, Oslo, Amsterdam, Rotterdam, São Paulo, and Lisbon.

All units also have exclusive access to a range of amenities, including a massage room, sauna, gym, and lounge. Of the total 7,794 m2 of land, more than 30% is dedicated to condominium green spaces, highlighted by the central garden with an outdoor pool that connects all the buildings.

The development of Lumare involved careful landscape architecture work by Porto-based Oh!Land Studio, which prioritized ecological and climatic diversity, reflected through the vegetation.

In addition to Lumare, the developer is preparing to launch two new luxury housing projects later this year: one on Avenida da Boavista, near Porto’s City Park, and another in Vila do Conde.

In Boavista, Fercopor is constructing three developments (Enlight, Pure, and Prisma), and in Vila do Conde, the Casa Verde project is underway.