New Zoo car parks
Lisbon Câmara has given permission for four new underground car parks to be built close to Lisbon Zoo. The right to use the land has been awarded for a period
A sporting investment chance
South Africa’s potential as a major investment opportunity for Portuguese business was highlighted by its Ambassador at a lunch organised by the South African Chamber of Commerce in the Hotel
Portugal must cut ‘red tape’
‘End the red tape – it’s strangling foreign property investment in Portugal!’ This was the message from Beltico President, Stuart Swycher, to the British Royal Club on Friday. Swycher informed
Arab sheikh denies alleged “debt”
A Portuguese popular daily newspaper has alleged that Sheikh Mohamed Bin Isser Al Jaber, owner of many prestigious Algarve investments, has serious financial problems and owes money to a building
Vilamoura Marina sold
It’s a sale that has been described as one of the most significant foreign investments in Portugal in the last few years. Planfipsa, the André Jordan group holding that includes
Vale do Lobo III gets go-ahead – 500 M euro plan approved
After a long wait, government ministers have approved the plans for Vale do Lobo III, a major new development project for the luxury golf and beach resort, which represents an
Major developments for Silves
Six-luxury hotels – all of four or five stars – including various holiday villages and five new golf courses are to be built in Silves, the second biggest concelho in
Money for ports
Government ministers have agreed to invest 300 million euros, between now and 2006, on modernising Portugal’s main harbours and introducing cargo handling specialisation, according to Public Works Minister António Pedro
Pestana invests abroad
Pestana Group, the largest leisure operator in Portugal, is considering fresh investments in Poland, the Czech Republic, Hungary and Croatia, markets that it says are set for strong short-term growth.