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In 2006, around 40,000 of Spain’s 80,000 small estate agents were forced to close following a dive in sales over the last two years and industry experts believed that this signalled the end of the Spanish property boom, which has been a driving force for the country’s economy for years. However, others believed that the industry was merely balancing itself out after the market became saturated with estate agents. |
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Boavista Golf Resort, near Lagos on the Western Algarve, has launched the ideal scheme for those ready to take the first step on the overseas property ladder. The Resort, developed by The Emerson Group of Alderley Edge, Cheshire, is offering a limited number of select properties under a freehold ¼ share scheme. The availability of such schemes is rare on The Algarve and it means some lucky owners can, for example, enjoy a luxurious, fully-furnished 2-bedroom 2-bathroom apartment with garage for just over £77,000, based on a 13-week per year rotating occupancy. |
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JJW Hotels and Resorts, a subsidiary of MBI International, owned by Sheikh Mohamed Bin Issa Al Jaber, announced today its acquisition of four prestigious luxury properties in the Algarve, Portugal. The 268 million USD deal with Starman Hotels encompasses the San Lorenzo Golf Course, widely considered to be the best golf course in Portugal and one of the top five courses in Europe; |
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February can be the cruelest of months, at least for residents of the frosty middle and northeastern parts of the country. Autumn departed long ago, the Holiday Season is behind us, winter has settled in and there will be at least another two months of chill before spring even thinks of raising her pretty head. February is a time when cold weather folks begin to come down with a complaint commonly known as cabin fever or, the winter blues |
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The Algarve Tourism Board (RTA) and several local câmaras are present at the Bolsa de Turismo de Lisboa, which this year celebrates its 20th anniversary, to promote the best the Algarve has to offer. A new, more colourful stand has been set up by the RTA to better illustrate the many ‘products’ that the Algarve has to offer its visitors. |
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If everything goes according to plan, the agreement with the company that transformed the eastern zone of Lisbon in the 1990s should be approved next week in a Council meeting, after the debate was postponed for a week at the request of the PSD. But the project will cover Faro's whole waterfront area from Bom João to Patacão. |
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Before the end of this month, it should be known who has won the tender for building the benches, i.e. the units for furnishing the facility, the first to be built in the Parque das Cidades for four years during which the area has had only a little used stadium and two or three leisure facilities mainly for children and young people. |
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