
Development: Vista Das Ondas
Location: Olhos D'Agua, 5kms east of Albufeira, in a prime, front-line location on the Algarve, Portugal.
Project Overview: A development of 96 apartments in an area that is currently experiencing significant growth and development. The location and proximity to desirable coastline were key-drivers in choosing this particular development site.
Project Timeline: June 2006 - green field site acquired. September 2006 - March 2007 - all apartments pre-sold off plan. March 2007 - April 2008 construction period, completion April 2008. Currently closing remaining sales.
Target Market(s): Investment and lifestyle purchasers and second home purchasers
Partner(s) / JV: N/A
Current Status: Project on target for sales close-out
Our Role: Promoter and majority shareholder