Two Algarve tourism presidents head-to-head over strategy

JoaoFernandesRTAThe new head of the Algarve Tourism Region (RTA), is running for the presidency of the other tourism body in the region, the Algarve Tourism Association (ATA).

João Fernandes (pictured) wants the two tourism entities to ‘speak with one voice’ to promote the internal and external promotion of the Algarve.

2008 University report - Borba quarry wall 'likely to collapse'

BorbaQuarry2A fracture was detected at the marble quarry near Borba where the road collapsed into the quarry below, on November 19th, killing five people.

A study by a team from the University of Évora detected a fracture in 2008 and recommended that road be shut to traffic.

Herdade da Comporta finally sold to Paula Amorim and Claude Berda

comportaestateClaude Berda and Paula Amorim are the new owners of the tourist assets of Herdade da Comporta

The Vanguard-Amorim Properties consortium was used to buy the assets of the Herdade da Comporta Fund: Comporta Links and Comporta Dunes.

Quarteira - Tatiana Mestre murder - suspect arrested

PJBadgeA 21-year-old man was arrested on Monday on suspicion of killing a 29-year-old woman near Quarteira this summer.

Tatiana Mestre’s partially burnt body was found in a car on scrubland on August 27th. She had been beaten, tied up, gagged, murdered and the car set alight.

'Drunk driver' - latest Madeleine McCann theory dismissed by parents

praiadaluzKate and Gerry McCann have rejected the latest theory that Madeleine wandering out of the holiday apartment looking for them, was hit by a vehicle and hr body taken away and later dumped.

The latest theory doing the rounds is that the three-year-old left the apartment in Praia da Luz, of her own accord, before she disappeared but Kate and Gerry McCann insist that their daughter was kidnapped by someone while they were on holiday in May 2007.

Bank of Portugal's governor dampens 'feel good factor'

bopcarloscostaThe governor of the Bank of Portugal said at a dinner on Sunday that people’s aspirations simply can not be met in the current economy.

Speaking at the Porto Business School, Carlos Costa stated that, "It is clear to all that the aspirations of individual well-being and collective equity of Portuguese society today exceed the production capacity of the economy.

Owners of property valued over €2 million will pay more tax

villaThe Government has accepted proposals from the Left Bloc and the Communist Party to create a new tier in the IMI Additional Tax regime, raising the taxation rate on combined property assets above €2 million.

Of concern to only the wealthy, but yet another reason to question investing in Portuguese real estate, the current 1% rate will become 1.5% next year.

Comporta Estate will be 'filled with white elephants'

ComportaAerialIn attempt to scupper the sale of the Herdade da Comporta estate to developers, Portugal’s top environmental organisations, including Zero, Quercus and the League for the Protection of Nature, today issued a statement that there is no "public interest" that justifies the ruination of this natural area.

The former Grupo Espiríto Santo asset is to be sold off to Amorim Luxury SA and Port Noir Investments SARL - better known as Vanguard Properties – as long as the creditors of Gesfimo approve the sale at a meeting this week.