Property: Port of call

In the know

The Property Lounge A good spot to come if you want to get in contact with professionals in property in Portugal’s Algarve (Quinta do Lago to be precise) is The Property Lounge. This members bar and restaurant is for anyone working or interested in property. Membership costs a mere €120 per year and in return dedicated staff will provide property information and support; as well as facilitate meetings and contacts with everyone from landscapers to architects and estate agents. Plus you can have a drink, too!
FOR MORE DETAILS SEE WWW.THEPROPERTYLOUNGE.EU

Portuguese palaces

Pools, golf courses and modern living in the sun

PINE CLIFFS RESIDENCE, ALBUFEIRA
Price: From €710,000
Details: Awarded “Best Resort Portugal” in the World Travel Awards in 2004, 2005 and 2006 and “Best Golf Resort Portugal” in 2007, the properties have a 5% rental guarantee for the first three years. Facilities include 14 restaurants and bars, gym, health club with indoor pool, four outdoor pools, mini-golf, golf course and academy, five tennis courts and academy, and a children’s village. WWW.PINECLIFFS.COM, WWW.IFAHOTELSRESORTS.COM

VILAMOURA GOLF & GARDEN RESORT
Price: From €515,000
Details: With an overall sales value of €600 million, this 60-hectare resort boasts luxury apartments and villas, gardens designed by Diarmuid Gavin, and five world-class golf courses. WWW.OCEANICOGROUP.COM

BOM SUCESSO DESIGN RESORT
Price: From €500,000
Details: A modern living resort spread over 157 hectares, with 601 villas and townhouses, near the town of Óbidos and located less than an hour from Lisbon. The 23 architects used include Stirling prize winner David Chipperfield. WWW.BOMSUCESSO.COM.PT

PALMYRA, VILAMOURA, SOUTHERN ALGARVE
Price: From €649,000
Details: High-end apartments and townhouses with balconies, set within the fivestar Vila Sol Spa & Golf Resort. There are two swimming pools and the project is due for completion later this year. WWW.PALMYRA.IE

TROIARESORT, TRÓIA PENINSULA, LISBON
Price: From €290,400
Details: A 440-hectare resort development, which includes a Robert Trent Jones Sr 18-hole golf course, clubhouse, 12 miles of beach, two five-star hotels, a 184-berth marina, a casino, 211 beach apartments, 79 marina apartments and 99 private villa plots. WWW.IRGTROIARESORT.COM

PORTUGAL: Where’s hot right now?
The Holiday-rentals.co.uk website reports that the Costa de Lisboa has been the top-performing region in Portugal, with a slightly higher than average number of inquiries per property per month from holidaymakers, and a 34% increase in inquiries per property in 2007. It includes the Silver Coast, which has been touted as an up-and-coming spot thanks to low prices, unspoilt landscape and a fast-developing holiday market. Lisbon performed particularly well, as did the island of Madeira. While supply is high in the Algarve, demand has also been strong, with inquiries up 15% in 2007.

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