Vilamoura’s future as a desirable hot spot in the Algarve was confirmed in April after the Portuguese Government gave the green light to a huge billion-euro project between Vilamoura Marina and the village of Açoteias in Albufeira.
Called Cidade Lacustre, which translates as Lakeside Town, the development will see a network of canals, lakes and lagoons linking various residential, commercial and tourist properties. According to a report, some homeowners will have the option to sail their boats practically to their front door, as at least 150 of the properties will come with a private mooring.
A further 150 docks will be available throughout the development and the entire project is planned to cover around 1,680,000 square metres of land, 360,000 square metres of which is protected and belongs to the National Agricultural Reserve (RAN). Special conditions have been imposed before any development can begin on the RAN land, a strip of land near the coast that will be the site of lakes and canals, as well as natural flood defences. Red tape means work is not expected to begin on Cidade Lacustre for up to two years, however the project will be a shot in the arm for owners of property in the Algarve.
Meanwhile Vilamoura Marina has been names the Best Marina in Portugal for the fourth year in a row, at the Portugal Trade Awards 2014. In the last five years, much time and money have been invested in upgrading the Marina’s infrastructures. It is one of the first marinas to be awarded quality and environmental certification by ISO 14001 and ISO 9001, as well as the European Blue Flag and the maximum 5 Anchors distinction by the Yacht Harbour Association’s Gold Award Scheme.