In the first week of April 2015 news was released that an affiliate of the American 'Lone Star Real Estate Fund III' had acquired the Vilamoura resort and building land for just €200 million, a significant reduction on the €380 million paid to resort development legend André Jordan in 2004.
To any developer, the jewell in the crown is the proposed Lacustre resort area due to be excavated and flooded to make way for a series of lakes connected to the existing Vilamoura marina and surrounded by a resort with 3,000 new beds.