The Spanish fund Azora has just purchased its third hotel in Portugal. After having bought two Tivoli hotels, the company has now added the five-star Vilalara Thalassa Resort at Porches in the [...]
Every euro invested by overseas buyers in residential property in Portugal generates €7 in the Portuguese economy for the next five years. This is according to a recent study from the Portuguese [...]
The coronavirus pandemic initially rattled members of the Portuguese Association of Resorts (APR) as they feared lockdown, travel restrictions and a continuation of restrictions this year would [...]
Hotel groups with units in the Algarve have seen bookings shoot up for the summer months of July and August. Those chains that are benefiting most from bookings for the peak summer months of July [...]
The Vilamoura Boat Show Golf Trophy will be held on 5 June as a side-show to the Vilamoura International Boat Show which takes place in the resort between 5-13 June. The golf competition will [...]
The residential sector for the elderly has enjoyed considerable growth over the past five years. According to the Senior Living Report by the real estate consultancy Savills, as average life [...]
Over the past five years, the residential operating sectors have experienced overall growth. As average life expectancy increases and people live healthier for longer, residential model choices [...]
Novo Banco financed the buyer of the luxury residential tourism development Herdade do Pinheirinho in a loan that had not been included in the sale contract. In 2020, Vic Properties won a bid to [...]
The man widely credited for having created the concept of luxury golf tourism in Europe, André Jordan, has been created an Officer of the Order of the British Empire (OBE). André Jordan received [...]
The British continue to show a particular preference for buying property in the Algarve, a phenomena which Brexit and the pandemic has only strengthened. In the second half of 2020, UK citizens [...]