The board at State-run bank Caixa Geral de Depósitos has given the green light for the separation of assets between Vanguard Properties and Amorim. It means that it has finally approved a change [...]

Novobanco has bought the Aqualuz Tróia Mar & Rio and The Editory By The Sea Tróia-Comporta from Sonae Capital. The two hotel units which wee part of Tróia Resort were bought by a Novobanco [...]

A Brazilian tycoon said last week that Portugal’s ‘maybe’ attitude to business deals is frustrating. In an interview with ECO, Ricardo Bellino said at a book launch in Porto that sitting on the [...]

The Conrad Hotel on the edge of the Algarve’s luxury residential golf and lifestyle resorts Quinta do Lago and Vale do Lobo, is celebrating its 10th anniversary with a series of events and [...]

The luxury resort and real estate developer Vanguard is to turn Comporta into a renewable energy community. It means that the resort will obtain around 80% of its energy needs for renewable [...]

The number of residential properties transacted in resorts skyrocketed by 70% in 2021 compared to 2020. In fact, the numbers of sales have already exceeded those in the pre-pandemic year 2019 by [...]

A Portuguese real estate development firm is to develop a new luxury tourism resort project on the Tróia peninsula near Setúbal. The developer plans to invest €116 million in a resort including a [...]

Novobanco has sold properties belonging to a luxury resort in Cape Verde which owed €90 million to now extinct Banco Espírito Santo (BES). The company that had owned it, developer Tecnicil had [...]

Covid-19 has given overseas locaters even more appetite to move to Portugal. The big difference is that residential house buyers in resorts want properties in low density areas say pundits. [...]

The Arab sheik Mohamed Bin Issa Al Jaber who is the owner of JJW Hotels & Resorts which has hotels and golf courses in the Algarve, has invested €42 million in the holiday region. His group [...]