Latest news and stories about investment in Algarve, Portugal for expats and residents.
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The project has been dragging on since 2018, was previously rejected, and now returns reduced: 30% fewer panels and fewer trees cut down.
This webpage features premium property listings in Faro, Algarve, Portugal, including three- and four-bedroom flats and duplexes. Highlights include modern apartments built in 2020 with spacious layouts, balconies, sea views, and amenities such as private pools, garages, and communal facilities. Properties are located centrally, close to beaches, the airport, and city services. The listings emphasize high-quality finishes, energy efficiency, and excellent locations, making them ideal for investment or residential purposes. The agency, Castelhana (now part of Dils), offers over 25 years of expertise in the Portuguese real estate market, with a presence across Portugal and Europe, providing comprehensive support for buyers.
Home News New Algarve luxury development New Algarve luxury development A new luxury residential development in the Algarve will be marketed exclusively by Piquet Realty Portugal. By Bruno G.
The municipal council of Loulé has formally acquired 60 housing units for public rental in a €15.1 million investment backed largely by national recovery funds. The public deed was signed The post Loulé buys 60 homes for public housing in €15.1 million deal appeared first on Portugal Resident.
Update: Public deed signed and financing confirmed
The public deed has been signed, formalising the €15.1 million purchase, with the cost largely covered by national recovery funds to secure 60 units for public rental in Loulé.
Home Property Property of the Week: Architectural Masterpiece in Quinta do Lago Property of the Week: Architectural Masterpiece in Quinta do Lago Located in the heart of Quinta do Lago, one of Europe’s most prestigious residential resorts, this exceptional contemporary villa stands as a true arch
A public procurement process has been launched to build the new Central Hospital of the Algarve in Parque da Cidades, adjacent to the Algarve Stadium. The competitive tender marks a major step towards expanding regional healthcare capacity and modernising medical infrastructure. Located in a strategic urban area, the project is likely to strengthen access to a wider range of medical services for local residents and the expatriate community, attract investment and create construction and long-term healthcare jobs. Key issues to monitor include the procurement timeline, budget and financing structure, service mix and potential impacts on existing facilities and regional healthcare planning.
The Ministry of Health indicates that the management contract for the new PPP “will last for 30 years”, with three years corresponding to the construction phase and 27 years dedicated to conservation, maintenance, and operation.
Our guest today is Alda Filipe, partner and Regional Director at the Kronos Real Estate Group, who oversees the development and sales of an extensive asset portfolio in the Algarve, The post An Algarve ambassador – Interview with Alda Filipe appeared first on Portugal Resident.
The outcome of the casino tender was positive for the Violas family group, which paid out €1.2 billion in prizes in 2025.
The government has approved the launch of an international tender for the design, construction and operation of the HCA. The project was identified as the country’s second-highest priority in 2006.
A maximum amount of €426.6 million is expected to be spent, and the new facility is estimated to begin operations in 2031.
Construction was approved by the Government this Friday for a maximum amount of €426.6 million.
Vilamoura has unveiled Botanica, its latest residential development, promising a rare mix of urban convenience and nature-led living in one of the Algarve’s most sought-after destinations. Officially announced this week, The post Latest Vilamoura residential project revealed appeared first on Portugal Resident.
The Council of Ministers has approved an advance related to the Central Hospital of the Algarve, fulfilling a commitment that was first promised in October.
An investment of more than €420 million will be made through a Public–Private Partnership.
An investment of more than €420 million to be carried out as a Public-Private Partnership.
On Friday, the Government approved at the Council of Ministers an increase in health investment, including launching the public tender for the construction of the Algarve Central Hospital.
The Algarve’s elusive Central Hospital project is set to go back out to public tender, nearly two decades after the project was first announced. Prime Minister Luís Montenegro told Parliament The post New tender for Algarve Central Hospital appeared first on Portugal Resident.
The new facilities of the Regional Delegation of the Algarve cost around two million euros and were inaugurated in May of last year.
Tenders for the first health centres managed by the private and social sectors, which will be established in the Algarve and Leiria, will be launched later this year, announced a source from the Ministry of Health today.
Positioned as one of the region’s most exciting additions to the premium holiday home market, The Creek offers an exceptional opportunity for new owners looking to maximise returns while aligning The post Vilamoura’s new luxury opportunity appeared first on Portugal Resident.
The plan is to help SMEs by qualifying, modernising, and digitalising them to make them more competitive at home and abroad. Funded by FEDER, the program offers co-financing of up The post Algarve 2030 launches €4 million boost for SMEs appeared first on Portugal Resident.
The Portuguese company Cleanup, led by Rita Araújo, Afonso Pinheiro, Filipe de Botton, and Martim de Botton, will expand its industrial laundry business by opening a 'factory' for washing clothes in the Algarve. The entry into the Algarve market is expected next year with an investment of around 3.5 million...
