Business

Normal to open second Algarve store at Mar Shopping

Normal to open second Algarve store at Mar Shopping
Portugal Resident
Danish retail chain Normal will open its second store in the Algarve at Mar Shopping Algarve in Loulé, reports Echo Boomer. The online newspaper says that the opening date is still unknown for the brand’s second store in the region following the opening of a store at the Aqua shopping centre in Portimão in July. Normal arrived […]
The post Normal to open second Algarve store at Mar Shopping appeared first on Portugal Resident written by Michael Bruxo Portugal Resident …


Vilamoura owners plan to invest €500 million in “historic relaunch”

Vilamoura owners plan to invest €500 million in “historic relaunch”
Portugal Resident
Asset manager Arrow Global, which owns Vilamoura World, has announced plans to invest €500 million in a “historic relaunch” of the Algarve’s famous resort town Vilamoura. In a statement to the press, Arrow Global revealed “plans to consolidate ownership of many of Vilamoura’s key assets with the aim of accelerating and coordinating their development, thus […]
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Premium Algarve products promoted in France and Sweden

Premium Algarve products promoted in France and Sweden
Portugal Resident
The Algarve’s Business Association was in Paris and Stockholm last week to introduce international prospectors to the region’s premium agri-food products. As part of the ALGARVE PREMIUM project, NERA, the Algarve’s Business Association, prepared two prospecting events that showcased the region’s premium agri-food products. The first event took place on September 19 in Paris at […]
The post Premium Algarve products promoted in France and Sweden appeared first on Portugal Resident written by Alexandra Stilwell Portugal Resident …


Autoeuropa car plant restarts production on October 2

Autoeuropa car plant restarts production on October 2
Portugal Resident
Portugal’s largest car plant Autoeuropa will restart production on October 2, according to a note sent to employees. The decision was taken after the company managed to find alternatives to its usual parts supplier in Slovenia. Last week, it was announced that Autoeuropa would re-continue production after having guaranteed the supply of a key part […]
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Algarve real estate entrepreneur unveils Bali Dream Workshop

Algarve real estate entrepreneur unveils Bali Dream Workshop
Portugal Resident
Portugal meets paradise at the first-ever Bali Dream Workshop, taking place from September 21 to 25 on the Indonesian ‘Island of the Gods’, promising a sun-kissed blend of business acumen, adventure and relaxation. Limited to a group of 20 attendees, and many places already sold-out, the unique event is the vision of leading real estate […]
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“A hidden gem”: property conveyancing solicitor in Lagos

“A hidden gem”: property conveyancing solicitor in Lagos
Portugal Resident
Rute Herdadinha is a Portuguese Solicitor based in Lagos, Algarve, since 2013 and originally from the Alentejo. She specialises in representing foreign clients in the purchase and sale of properties in Portugal and in obtaining licences for short-term rentals (AL) as well as other related services. In addition to her university degree and registration as […]
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Global Arrow purchases Algarve Dom Pedro hotels

Global Arrow purchases Algarve Dom Pedro hotels
Portugal Resident
The British fund-managing group has purchased the Algarve properties and golf courses in a deal valued at around 250 million euros. The British fund-managing group Arrow Global completed the acquisition of the Dom Pedro hotels and golf courses in Vilamoura, Lagos and Madeira from the Saviotti group, in a deal valued at around 250 million […]
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Details Hotels & Resorts welcomes new Sales Director

Details Hotels & Resorts welcomes new Sales Director
Portugal Resident
Details Hotels & Resorts, a group comprising eight resorts in the Algarve, has announced the appointment of Carla Branco as its new Sales Director. “With over 16 years of industry experience, Carla will play a pivotal role in driving strategic growth and maximising revenue across all units,” the group says in a statement. After graduating […]
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Carvoeiro Clube opens Virginia Guest House in Lagoa

Carvoeiro Clube opens Virginia Guest House in Lagoa
Portugal Resident
Traditional townhouse offers high quality at a low price Carvoeiro Clube Group, one of the Algarve’s largest property management companies, is expanding its offer for holidaymakers “preferring exploration over relaxation”. In the heart of Lagoa, the newly renovated Virginia Guest House opened its doors in the first week of May. With 10 rooms, a small […]
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Mapro Real Estate partners with Knight Frank in central Algarve

Mapro Real Estate partners with Knight Frank in central Algarve
Portugal Resident
Mapro Real Estate is now “officially a co-branded associate of Knight Frank, one of the world’s leading independent property agencies”, the companies have announced. In a press statement, Mapro Real Estate said: “Our partnership allows us to be proudly local with a deep understanding of the central Algarve region whilst calling on the support of […]
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