Portugal
Algarve could see potential growth of 360% over next 10 years
Portugal was recently awarded 3rd place for ’20 best places to make money’, as voted by Channel 4’s ‘A Place in the Sun’. It was also estimated that the potential growth in the Algarve region over the next 10 years would be up to an impressive 360%.
Quintas de Óbidos, Portugal
Top ranked Olympic show jumper and Irish television personality Jessica Kuerten (nee Chesney) announced this week that pre-construction has begun on her new equestrian centre in the Quintas de Obidos Country Club in Portugal’s Silver Coast.
The Algarve welcomes news of global investment for 10 new hotels
The Portuguese Algarve is currently celebrating the news of a global investment of 1.5 Billion Euros as 10 new hotels are planned to be built. Eight of the ten hotels will be premier 5 star hotels with the first scheduled to be open as soon as 2009.
Portugal receives 21 billion euro grant for development
Portugal has recently taken on the EU Presidency, which will undoubtedly raise its public profile, but in addition to this honour, they will now receive a 21 Billion Euro grant to help further develop the country.
Plans to expand Vilamoura Marina announced
Portugal has been among the UK’s top 10 destinations for more than 30 years and its long term popularity is now increasing, particularly in areas such as Vilamoura where there has been a dramatic increase in property investment, particularly in light of plans to expand Vilamoura Marina.
Brian and Anne’s dream home in the Portuguese sun!
Many visitors to the Algarve won’t remember the days before the A22 trans-Algarve motorway transformed the region, making both the west and the east easily accessible from Faro. Then it was the self-styled ‘golden triangle’, just 20 minutes from the airport, which attracted buyers seeking a dream haven. Everyone wanted to be in Quinta do Lago, Vale do Lobo or other localities around Almancil.
Oceânico appoints Troon Golf to manage Faldo & O’Connor Courses
Oceânico Developments’ new five-star Amendoeira resort, which features two 18-hole golf courses designed by Nick Faldo and Christy O’Connor Jnr, will be managed by Troon Golf®, the world leader in upscale golf course management, development and marketing.