Hot property for sale this August throughout the Central Algarve - Silves, Loulé, Albufeira, Carvoeiro and Lagos.
Albufeira’s Hotel Soláqua has been acquired by Luna Hotels & Resorts and will be called Luna Soláqua after a refit.
The hotel cost €12 million to buy and according to Luna Hotels & Resorts, the four star unit is firmly in the ‘sun and sand’ market sector.
We’ve all done it – gone on holiday, stepped away from the daily grind, relaxed in the sun, cocktail in hand, wondering how we can make this feeling last. So when we return to the unpredictable British weather, we hatch a plan of how to buy a property abroad.
Overseas property and finance specialist Simon Conn says he sees a surge in enquiries from people looking to buy abroad in August and September.
Despite the allure of exotic faraway destinations, more than 2.5 million online searches suggest that Britons prefer the sunny shores much closer to home when it comes to buying property abroad.
According to the latest research by property website Rightmove, Spain is the most popular European country for Britons looking to relocate or buy a second home. Average monthly searches for property in Spain total 2,513,374 a month - over 74% more than France, the second most searched for location in Europe.
With fast Alfa-Pendular trains to Lisbon, Albufeira and Faro, São Bartolomeu de Messines is a typical Portuguese inland town which is attracting significant investment from across Portugal and beyond.
On August 25th, the ceremonial first stone will be laid at the Ombria Resort, a 5-star tourist complex with hotel, residences, an 18-hole golf course at Estrada do Olival, between Tôr and Querença in the Algarve’s barrocal to the north of Loulé.
This is a first in Europe for the American Viceroy Hotels & Resorts group which will be managing the development, owned by the Finnish, Pontos Group.
Eduardo Peregrino is the new Operations Manager of Vale d´Oliveiras Quinta Resort & Spa.
The young hotelier has previously served as the commercial director of Vale d´Oliveiras for four years and has an impressive background in food & beverage, sales & marketing and front-office, working with several well-regarded brands including Vila Vita Parc Resort & Spa, Porto Bay Hotel Group, Martinhal Resort, Herdade dos Grous and latterly as the general manager of Malhadinha Nova Country House & Spa in Alentejo.
Situated a short walk from the 'Dolphin's Roundabout' and within a few minutes of the O'Leme Restaurant and Pastelaria Amêndoa Doce, this townhouse is close to every amenity but situated in a peaceful and friendly community.
- Feeling hot? Not? You want to be?
- From East to West
- Conveniently Located Family Townhouse with Pool, Terrace & Carport
- Oceanico Group to dispose of the bulk of its remaining assets
- Exclusive Algarve Villas' July Newsletter
- NEW to the market! An Individually designed Country Cottage on a substantial plot
- Herdade da Comporta investment fund has been sold
- A unique hillside villa capturing sunrise and sunset views