New Pestana Ferragudo Village brings 91 villa plots and 226 apartments to the village, with completion set for 2027
Pestana Residences, the real estate arm of the Pestana Hotel Group, has announced its latest residential venture in the Algarve: Pestana Ferragudo Village, a premium, eco-conscious development located just one kilometre from the picturesque village of Ferragudo.
The project comprises 91 plots for detached villas (ranging from 150 to 300 square metres) and 226 apartments across six residential clusters, offering a variety of housing options – from apartments with private gardens and pools to penthouses with rooftop swimming pools and exclusive villa plots.
It is being built on a sizable plot of land near the Bela Vista neighbourhood, just a stone’s throw away from Ferragudo’s support centre for the elderly (Centro de Apoio a Idosos de Ferragudo).
The architectural design, led by Gonçalo Salazar de Sousa, Rui Pinto Gonçalves, and Miguel Passos de Almeida – the team behind Pestana Tróia Eco-Resort – developed the project with “landscape integration and environmental efficiency” in mind, the group says in a statement to the press.
One of the highlights of the development is the planned 18-hole golf course, which will be maintained exclusively with reclaimed water sourced from a local wastewater treatment plant (ETAR).
Construction of the Pestana Ferragudo Village is already underway, with the first properties scheduled for delivery in early 2027.
“Pestana Ferragudo Village is more than a real estate development – it is a natural extension of what Pestana Residences has been building over decades: places where living is good and is in balance with the territory, architecture and sustainability,” said José Roquette, Chief Development Officer of the Pestana Hotel Group.
The group has over 50 years of experience in the hotel industry and now owns and manages a diversified portfolio of 110 hotels, branded residences, real estate, six golf courses, casinos and other tourist developments. Pestana also describes itself as “the largest leisure and hospitality group in Portugal” and says it is “among Europe’s top 20 hotel owner-operators, present in 16 countries in Europe, Africa, North America and South America.”
