Ombria Algarve, the luxury and sustainable resort in the Algarve, will officially open its 5-star hotel Viceroy at Ombria Algarve on 1st October 2024, giving guests and property owners access to 76 beautifully appointed hotel rooms, 65 branded residences and a selection of onsite amenities.

Ombria's CEO, Patrick Freeman, comments: “We are delighted to confirm the launch date for Viceroy at Ombria Algarve which marks a particularly joyous milestone that will see the resort spring to life. Not only will owners of the Viceroy Residences be able to enjoy their property and the completed amenities but start generating a rental income when letting their abode to holidaymakers.”

According to Portugal's National Statistics Institute, the Algarve remains one of the country's most popular travel destinations and registered 2.2 million overnight stays in 2023; an uplift of 11.2% from 2022*. “It really is the unique combination of our local culture, history and natural beauty that makes it such a diverse and sought-after destination. With continuous demand for quality accommodation the Viceroy Residences present an attractive option for savvy investors”, adds Ombria Algarve's CCO, João Richard Costa.

The brand-new development is situated in a tranquil countryside setting, 2km from one of the Algarve's largest Nature Reserves and 7km north of the town of Loulé, with Faro airport and the beaches a mere 25-minute drive away.

Guests and owners of the Viceroy Residences will have access to Ombria's 18-hole signature golf course, clubhouse and all the facilities of the hotel including six restaurants that each pay homage to the resort's locality by utilising produce either grown onsite or sourced locally.

Viceroy at Ombria Algarve will also be home to a fitness centre, four swimming pools with valley and sunset views, whilst the Kid's Club will provide both outdoor and indoor spaces including a large playroom, mini kitchen and nursery. Holistic-focused Spa by Viceroy, equipped with a thermal pool, eight treatment rooms and beauty outlets such as a hairdresser and barber, will open in early 2025.

Most importantly, however, Ombria Algarve is dedicated to the health of the local land and ecosystem. A plant nursery will ensure the development and growth of local species and preservation of the existing flora and fauna, whilst over 700 oak trees have been planted and 1,800 linear metres of river habitat restored.

To ensure the company's commitment to sustainability is incorporated in Ombria's architecture, the team partnered with WATG who are responsible for the landscape architecture, WATG's interior design firm Wimberly Interiors and award-winning Portuguese architect firm Promontorio. True to its slogan 'Carved by Nature', Ombria's design features bioclimatic architecture, local materials and geothermal energy whilst focusing on low building density to perfectly integrate the properties into nature.

With only three of the 65 Viceroy Residences available for sale, buyers have already begun reserving homes at Oriole Village; a collection of 83 villas, townhouses and apartments that also form part of Ombria's first building phase and will too be operated by Viceroy Hotels & Resorts. Ownership at Viceroy Residences and Oriole Village both come with various advantages and discounts on golf as well as at the hotel facilities. This includes all of the Viceroy Hotels & Resorts' 10 locations such as in the USA, the Caribbean, Central America and Europe.

The hotel, Viceroy at Ombria Algarve, will be open year-round with rates starting from £450 / night for a Deluxe King Room on a B&B basis. Ownership for the remaining Viceroy Residences starts from 782,000 Euros for a spacious, fully-furnished one-bed apartment whilst properties at Oriole Village start from 900,000 Euros.

-ENDS-

Source: Instituto Nacional de Estatística

Notes to Editor

About Ombria Algarve
Located in the heart of Algarve's countryside, Ombria is a naturally exceptional destination fostering a harmonious balance between its surrounding landscape and the local communities. With a genuine commitment to authenticity, sustainability and to the highest international standards of design and service, Ombria's state-of-the-art facilities include:

• Several different types of homes for sale, including villas, townhouses and apartments
• 'Viceroy at Ombria Algarve', a 5-star hotel managed by Viceroy Hotels & Resorts which includes 141 rooms, a spa, fitness facilities, 8 restaurants and bars, kids club, a conference centre and several heated swimming pools
• 18-hole golf course designed by Jorge Santana da Silva
• Leisure and entertainment facilities include an organic farm, honey harvesting, hiking trails, mountain biking tracks and a beach club at one of the nearby beaches. Ombria's owner and developer is Pontos Group, a Finnish family office, investor and active owner that seeks to transform the real estate industry through digitalization. For more information, please visit www.ombria.com

About Pontos Group
Pontos Group is a Finnish family office that invests in real estate development and digitalization, growth companies and private equity funds in Finland and globally. The company is an active and long-term owner committed to the continuous development of its portfolio companies. It seeks to increase investments in the development of real estate lifecycles, all the way from construction to usage. Pontos pursues strategic actions to develop cities and population centres in a way that is sustainable for people and the environment. Visit pontos.fi

About Viceroy Hotels & Resorts
With hotels and residences in Los Cabos and Riviera Maya (Mexico), Snowmass (Colorado), Kopaonik (Serbia), St. Lucia (West Indies), Santa Monica (California), Chicago (Illinois) and Washington, D.C., Viceroy offers a fresh take on hospitality, centered on the richness of experiences and genuine connection. Guests can expect intuitive service, elevated design, and carefully designed moments inspired by the culture, artistry, and natural wonders of each locale. Viceroy is a member of the Global Hotel Alliance (GHA) DISCOVERY, a unique loyalty program offering exclusive benefits and experiences to its members at over 550 hotels around the world. Learn more at www.viceroyhotelsandresorts.com, facebook.com/viceroyhotelgroup, and @viceroyhotels.