Premium Oceanfront Living

Near to the picturesque village of Praia da Luz on the stunning Western Algarve coast sits a hidden gem of cultivated oceanfront called Reserva da Luz.

Last Friday, the 17th of February, Reserva da Luz signalled the start of its spectacular future. The project is home to elevated, south-facing plots allowing for the creation of bespoke homes that capture the commanding panoramic views of the Atlantic Ocean in one of the most beautiful and authentic regions in Portugal.

Praia da Luz, which is within walking distance of Reserva da Luz, boasts a range of shops, restaurants, and all the essential amenities, including supermarkets and medical clinics, making this area the perfect base to explore the delights of the wider region, including the natural beauty, local cuisine, and world-renowned golf courses.

According to the Chairman of DDM & Reserva da Luz, Gerry Fagan, the site is a dream come true to manage. Thanks to Gerry's experience as manager and owner of the Oceânico Group, his expertise in developing and managing medium to large-scale resorts for the overseas second home, relocation, and investment markets over the last 30 years, and his successful record of accomplishments in the property sector, Reserva da Luz is undoubtedly in good hands.

Taking over the project in late October 2022, Gerry has already sold ten plots, one of which is his own slice of custom heaven. "I've been on the go and developing in the Algarve for over 25 years and I came across Reserva da Luz when I started as part of our quest in the region. My first impression was that it stood out as being exceptional in terms of what I'd seen along the coast. The strange thing is that this particular project hasn't lost its charm in all these years. Planning so close to the ocean is a rarity in Portugal and these 38 plots are gaining serious attention from young families, digital nomads, retirees, and remote workers to name a few."

The site's large plots, all with ocean views, range from 1,450 to 2,950 square meters, allowing for 300 - 400 square meter homes across one or two floors, excluding basement and garage areas, at truly competitive prices from €600,000 to €780,000.

According to Gerry, the current clients are in no way controlled by interest rates and inflation and tend to have the financial situation to enjoy this calibre of dream home while still preferring to shy away from ostentatious behaviour in favour of supporting local Portuguese businesses and keeping a low profile while out and about. This client type has previously leaned toward places like Quinta do Lago in the past but increasingly set their sights on Reserva da Luz for its natural surroundings and the area’s authenticity.

In line with the group's aim to deliver breathtaking homes, a team of experienced service providers and qualified constructors are on hand to transform plot owners' dreams into reality with significantly lower restrictions on the final product than in other areas.

Gerry says, "Rather than handing people what we think they want, we provide the plots to let people design and construct exactly what they want. It's all down to the client who we assist with our spectacular turnkey team. The local Portuguese team consists of architects, project managers, and constructors who, guide clients through local customs, laws, and planning regimes."

For more information on plot availability or to plan a visit, contact the team at Reserva da Luz and get ready to transform your dreams into a reality.

Website: www.reservadaluz.com

Email: sales@reservadaluz.com

Tel: (+351) 967 336 914