Continuous fiber-reinforced thermoplastic (CFRTP) composites have attracted significant attention in various industries due to their exceptional mechanical properties and lightweight nature. Various methods have been applied to improve the mechanical properties of parts produced by fused deposition modeling (FDM), such as printing in a vacuum environment. Vacuum is utilized during printing to minimize heat transfer by convection, improve interfacial bonding, and reduce void formation. This study investigates the effects of vacuum and process parameters on the mechanical and microstructural properties of continuous fiber-reinforced thermoplastic composites. The goal was to investigate the effects of the printing parameters in a vacuum environment and therefore, enhance the mechanical properties. CFRTP test specimens were produced under various vacuum levels and processed at nozzle temperatures, heated bed temperatures, and printing speeds. Three-point bending tests were conducted to evaluate the flexural properties, and microstructural analysis was performed using optical microscopy. The results demonstrate the positive influence of vacuum on flexural performance and highlight the importance of controlling parameters, such as nozzle temperature and heated bed temperature for achieving enhanced mechanical properties. This study provides valuable insights into the production of higher mechanical properties of CFRTP composites and contributes to advancements in their manufacturing.