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 [...]
Portugal’s banking sector has announced the real estate sale of the year by selling off an entire portfolio of luxury hotels to the Davidson Kempner fund The asset management entity has bought [...]
One of the biggest potential real estate deals in Portugal this year is reaching its decisive phase. David Kempner and the Bain/Cerberus consortium have submitted firm offers for the ECS [...]