New €25M Surf Park in Óbidos to Create Real Estate Opportunities
Construction has begun on Surfers Cove, Portugal's first large-scale wave park, a €25 million project in Óbidos that will include a four-star tourist village with 56 accommodation units. For foreign investors, this innovative development presents a unique opportunity to buy into a new, high-demand tourism and lifestyle hub on the Silver Coast.
What Foreign Investors Need to KnowSet to open in 2026, the project is more than just a sports facility; it's a comprehensive resort designed by famed architect Frederico Valsassina. The development includes not only the high-tech Wavegarden wave pool but also a restaurant, retail space, and other recreational facilities. The inclusion of 56 residential units makes this a direct real estate play. "This project represents a unique investment opportunity in a growing market, sustained by tourism and immersive experiences," said co-founder Ricardo Cunha Vaz. The development is backed by prominent investors, including international surf star Kanoa Igarashi, and is expected to generate €10 million in annual revenue.
Actionable Steps for Today's Buyer- Invest in a Niche Market: Lifestyle and activity-based resorts are a growing segment of the tourism market. This project offers a chance to invest in a property with a built-in, year-round attraction.
- Consider the Silver Coast: While Lisbon and the Algarve are well-known, the Silver Coast, where Óbidos is located, is an emerging region for property investment, offering strong value potential.
- Early Mover Advantage: With construction just beginning, early investors may have the opportunity to secure properties at pre-completion prices.
- Analyze Rental Potential: With a high-capacity wave park attracting thousands of visitors, the 56 accommodation units are poised for strong rental demand from surfers and tourists.
This landmark project is set to transform the Óbidos region into a major European surf destination. Explore opportunities with realestate-lisbon.com.
