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April 28, 2008

Luxury Property Investments in Portugal: Six-Star Palacio da Quinta Development Launched in the Algarve

Filed under: Real estate news and opinion — Rachel Newcombe @ 10:05 am

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Creative Commons License photo credit: cesargp

Life in Portugal’s favourite golfing region, the Algarve, is going up a notch, as the first ever six-star residential resort and hotel is launched. The Palacio da Quinta property development will be located in the exclusive Golden Triangle, next to the Quinta do Lago Estate, one of the world’s top 10 destinations. The Algarve is a beautiful coastal region in Portugal, which is already highly favoured by tourists, golfers, property investors and second home owners and boasts numerous golfing opportunities and a great climate.

The Palacio da Quinta development will be making the most of the benefits Portugal’s Algarve region already offers, but adding a whole new element of its own. Eighty luxurious apartments and penthouses will be set within 17 acres of lush sub-tropical gardens. Also on the property will be a six-star hotel and residents will be able to make use of a private chef and butler, 24-hour concierge service, chauffeur service, private jet and yacht quarter.

In addition, the resort will feature all the leisure amenities you’d expect, such as indoor and outdoor swimming pools, a health spa, gourmet restaurants, bars, designer boutiques, a tennis academy, cinema and golfing. Not surprisingly, property on such an exclusive development carries a luxury price tag, with one bedroom apartments starting at £800,000.

The developers behind the lavish property development are the Imocom group. Alejandro Martins, chairman, said, “The Palace is set to become one of the most sought after addresses in Europe, taking Algarve living to a whole new level of international opulence.”

The UK unveiling of Palacio da Quinta is taking place in London at 11-12 St James Square from 30th April to 1st May 2008, from 10am to 8pm. If you’re interested in attending, call 0800 085 6907 for further details.

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