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Mourinho buying property in Quinta do Lago

Everything, or almost everything, stopped, to catch a glimpse of Mourinho in a hard hat visiting the building site of what will be the first six-star hotel in the country. The workers, many of them African, cheered at Mourinho, who was followed by a retinue of journalists, Portuguese and foreign. José Mourinho - the “Special One” - is investing in the purchase of one or more apartments at the Conrad– Palácio da Quinta Resort&Spa, at Quinta do Lago.

Mourinho believes in the de luxe resort and made a point of announcing this at a press conference at the Hotel Hilton in Vilamoura, without, however, saying how much he was going to invest.

He told the Algarve Observer that he had ties with the Algarve for a number of reasons (his father is from Ferragudo in Lagoa), and he had an emotional link to the Algarve which is why he was interested in this project.

Careful with his words but always well disposed, the best paid former manager in the world, who led Chelsea at one of the best times in its history, said that real estate was less risky than football, at least as far as this project was concerned. He said he was not a businessman nor was he a great investor, far from it. He said he just wanted a good, quiet life with his family and friends. The millionaire manager said he did not want to coach until he was 80, he wanted to have space to enjoy life in this way, he just wanted to be a person like everyone else, which is what he was. He said that the most important thing was that it was a way of defining objectives and of believing in the team you were joining; this was the most difficult decision, but it had already been taken. He added that he believed in the philosophy of Imocom and that this was a project with almost zero risk, it was a win-win situation.

Alejandro Martins, president of Imocom, the promoters of the project, said that Mourinho was interested in companies that were winners and in quality projects, and for them it was an honour to have Mourinho say that he wanted to invest in one or more luxury apartments, but he said that Mourinho's interest was genuine and it was not in exchange for the use of his image.

Named "Palácio da Quinta Resort & Spa", the first six-star hotel is a “PIN” (Project of National Interest), and represents an investment of 88.63 million euros and will have a total construction area of 61,000 square metres.

The project promoters envisage that the hotel will open towards the end of 2009.

The luxury apartment hotel, located in one of the top ten tourist destinations in the world, will offer a sauna, spa and jacuzzi on the balcony in each of the exclusive apartments and properties.

With a total of 620 beds, the resort will have 160 bedrooms and 80 apartments (1- and 2-bedroom).

According to the promoters, the Portuguese company IMOCOM, the development will be responsible for 0.22% of gross regional added value and 0.21% of regional employment, providing 404 direct and indirect jobs.

Six-star hotel, jacuzzi on the balcony, sauna and spa in the apartment, all seem to be tailor-made conditions for the “special one”, or at least, that is the way the world's most expensive ex-manager is thinking.

source: http://www.observatoriodoalgarve.com

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