The plans for Vilamoura have been unveiled just 4 months after the Dallas based Lone Star acquired it. The operating Company is styled "Vilamoura World" and is hoping to attract € 1 billion of investment from others to achieve this. Some local reports wrongly thought that it was going to make the huge investment itself but that's not how it works.
The outline plan nominates 18 plots of un developed land it owns and gives them individual names grouped under 5 themes as shown below.
The €210 million Quinta da Ombria tourist and golf resort in the unspoiled Loulé countryside forming part of the protected Natura 2000 area between Tôr and Querença now has an opening date of 2018, after a 30 year wait.
The US Viceroy Hotels & Resorts company which is in charge of the project said that it is nearing the end of the paperwork and of the public consultation period for the hotel and the golf club which finishes on 29th September.
We recently wrote about an opportunity for you or your family to relocate to 'the quintessential good life'.
A recent change in the ecological nature reserve ( REN ) boundaries covering our site, and just published into law by our local Camara, has opened up a better and more favourable location within the site mainly from an easier access and lower construction cost point of view, as well as the opportunity to create a man made lake to set the healthy living hotel and eco-lodges around, the intention now is to resubmit plans to construct at this new and better location within our site instead of our original submission.
Predictions of a hot August for the UK, made in such a carefree manner in July, didn't quite come to fruition. Instead, the month ended with bookmaker Ladbrokes simply stopping taking bets on August being the wettest on record. Enough said.
With the UK having endured another soggy summer, many individuals are turning their thoughts to sunshine overseas and checking out short-haul flight prices to see how quickly and cheaply they can transport themselves to the nearest suntrap.
Essential information regarding Local Lodging in Portugal, including Airbnb, property transfer tax, the abolishment of IMT, and more....
The National Association of Local Lodging Establishments has as its mission to provide essential information and support regarding Local Lodging; enhance security for holidaymakers and owner/operators; strengthen compliance and be a collective voice, representing all of those engaged in Local Lodging in Portugal.
One of our members was offered a property already “equipped” with AL license, at a higher price. We asked our President what the advantages are in this purchase.
Please find below the most recent listings at Abloom Boutique Real Estate.
For more information please contact Abloom on info@abloomproperties.com, or call +351 289 395 633.
Another agonizingly brief British summer has rocketed past, with citizens up and down the country now reaching for vitamin D tablets and sun lamps, after the scientific advisory committee on nutrition advised that the UK simply doesn't get enough sunlight to provide healthy levels of this essential nutrient. Some people are going one step further and chasing the summer sun overseas with a property purchase in Portugal.
Whether it's for occasional use as a holiday home or the perfect property to retire to, owning a home in Portugal is a sure-fire way to boost your vitamin D levels. For Ken and Marion Lamb, the Algarve's glorious sunshine was a key reason behind their decision to purchase a beautiful three bedroom home at O Pomar, in the sleepy eastern Algarve village of Cabanas.
