€40m - 224ha Golf resort with villas, apartments and hotel - Algarve, Portugal
Existing and Operational Facilities:
27-hole golf course
Clubhouse with restaurant, shops, and bar
Adjacent beach with restaurant/bar
Castro Marim a 8km from the beach
Project Overview:
Phase 1:
Size: 110 hectares
Construction approved for: 1,000 'beds' since 1999
Project Status:
88 semi-detached houses: 53 built and sold; 35 under construction
Luxury villas: 12 lots sold; 9 available
Villas: 61 built; 6 sold, 55 available
Hotel plot: 25,880 m² with permission to build a 4 or 5-star hotel with 210 beds
Commercial area: 21,960 m² plot with permission to build 4,392 m²
Phase 2:
Size: 114 hectares
Submitted project for: 1,000 beds
Details: 135 apartments and 55 luxury villas
Phase 3:
Submitted project for: 800 more beds
Eduardo Jose Santos
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