Our commitment to Environmental, Social, and Governance (ESG) principles led us to create The Eco Estrela project, an emerging travel destination that is rich in natural capital. Baia Formosa’s coastal area requires sensitive development to create economic opportunities whilst preserving the environment for generations to come. Impact managed. Monitoring of waste diverted from landfill, food miles saved from local farms, the quantity of compost given back to the soil, plastic water bottles saved, and a number of meaningful jobs created locally. Culture – Connection with an internationally respected Annual Film Festival in Baia Formosa (FINC) since 2010. Education Community – “Clean up the World” educating local children about the environment. Architecture inspired by and integrated into, local culture and nature.
The first phase of the project is the Six Senses Formosa Bay Resort located in an isolated area where the distance between guests will be easily maintained. Fostering biodiversity Protection of 200 turtle nests in collaboration with local NGO; research partnerships. Respect for nature. Contribution to the preservation of 1 900 hectares of mangroves. Partnership with leading resort actors, including InterContinental Hotel Group (ca. 6 000 hotels worldwide). 154 ha waterfront site to be developed into an exceptional resort and residences – 185 units: 66 guest villas and 119 branded residences.
Accommodations vary and include from one to five bedrooms. Facilities will include different dining options, bars, a swimming pool, an organic farm, Six Senses Spa, and Experience Center to name just a few. Resort support infrastructure, including waste, power, road, etc. All building and environmental licenses are ready. Development timeline: 4 years. Branded Residences sales options to start in 2022. Resort operational from 2023 with Six Senses Hotels Resorts Spas which is part of the IHG. (InterContinental Hotels Group). Operating contract signed for 40 years (20+20). In the second phase, an exclusive condominium of 500 lots will be developed with an infrastructure for leisure, sports and adventure.
Sustainability as a key value
The basic concept of the “Eco Estrela” project is full integration with nature, with the harmonious coexistence of the resort’s buildings, sport and leisure facilities with natural features of environmental interest, which will be protected on the site. The concept for the investment is based on developing a range of sustainable tourist activities in harmony with local nature, meeting all the requirements and indices in the relevant environmental laws.
The “Eco Estrela” project is expected to include areas for the resort, branded residences, luxury non-branded residences, a technological center, retail and service facilities, a horse riding center, turtle research and protection center and a sport fishing and diving center, as well as extensive green areas, professional stables and game fields for the Polo Academy.
The combination of natural beauty and order aims to create a sustainable tourist destination focused on high-standard local and international niche markets. The suggested occupation model respects public space by creating elements that will emphasize the landscape’s value and natural road system. Use of solar energy, responsible management of water resources, landscape architecture based on endemic species and transport limited to electric vehicles are the foundations of the “Eco Estrela” concept.