# €300 Million BelaOlhão Redevelopment: ANTRIX Ushers in a New Era for Algarve Real Estate ## Introduction A major transformation is underway in the Algarve as ANTRIX, a new internationally backed real estate developer, launches a €300 million redevelopment of the iconic BelaOlhão factory site in Olhão’s marina. This ambitious project is set to deliver around 500 modern apartments and a luxury hotel, revitalizing a key waterfront location and signaling a new chapter for the region’s property market. ## ANTRIX: Vision and Track Record Founded by Dutch entrepreneur Erik de Vlieger and a group of investors, ANTRIX builds on the legacy of Carvoeiro Branco, bringing decades of experience in real estate and urban regeneration. The company is committed to architectural integrity, long-term vision, and community relevance, aiming to create spaces that reflect how people aspire to live—now and in the future. ## The BelaOlhão Project: What Investors Need to Know - €300 million investment in Olhão’s marina - 500 modern apartments and a luxury hotel - Prime waterfront location with marina views - Focus on residential, tourism, and leisure - Designed for international investors and future residents ## Strategic Impact for the Algarve This landmark investment not only revitalizes Olhão’s waterfront but also sets a new standard for sustainable, well-located developments in the region. As ANTRIX expands its portfolio across Portugal and Spain, the BelaOlhão project stands out as a flagship opportunity for those looking to invest in the next wave of Algarve real estate growth. For more details, visit the [official ANTRIX website](https://antrix.pt/) or read the [full news article](http://www.theportugalnews.com/news/2025-06-20/new-real-estate-developer-launches-in-the-portuguese-market/98632).