VGPT VIII owns Bayline, a luxury residential development in Armação de Pêra (Algarve), on the seafront, with direct beach access and views over the Salgados Lagoon.
Real estate
Residential
Details
VGPT VIII is a closed-end real estate investment company, established in 2023, whose main asset is Bayline, located in Armação de Pêra, in the Algarve, facing the sea and next to the Lagoa dos Salgados.
The development comprises 255 apartments set within a gated community with around 2 hectares of private gardens. The buildings have up to 6 storeys and include layouts from one-bedroom to three-bedroom units.
The project stands out for its premium positioning and wellness-oriented amenities, including indoor and outdoor pools, spa, gym and private parking, as well as apartment options with a private pool.
The location offers proximity to the beach and a privileged natural setting, with views over the salt pans and the habitat of birds such as flamingos.
CMVM Name
VGPT VIII - SIC Imobiliária Fechada, S.A.
Fund code
1994
Type
REIV - Real Estate Investment Vehicle
Status
Active
Fund status
Closed
Start of activity
Settlement date
Fund assets
