Palmares Resort (Lagos | Algarve) → 2003-2020
Successful case as investor, developer and operator of an integrated resort (200 hectares) .
Investment Rational: Replicating in the Algarve the know-how Onyria obtained developing the Quinta da Marinha Resort.
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Monitoring the viability of construction in Meia-Praia (pending for more than 30 years)
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Success story as an investor, developer and operator of an integrated resort (200 hectares).
Investment Rationale: To replicate in Algarve the know-how that the Onyria group obtained in the development of Quinta da Marinha
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Design and Licensing of the Subdivision.
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Launch of Infrastructures.
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Opening of the golf course, 27 holes, designed by Trent Jones Jr.
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25 lots for housing sold to individual customers, in the initial phase of infrastructure, at an average price of approximately 1M€.
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Conquest of multiple international golf awards (includes 7 times the best course in Portugal).
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Rounds growth from 35,000 to 55,000 rounds, far exceeding operating result benchmarks.
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Sale of 90% of the capital to US investment fund & management contract for Golf and Hotel.
Opening 5-star boutique hotel with 20 rooms. Highly efficient investment per room compared to industry standards.
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Booking.com rating 9.4; TripAdvisor: "Portugal Top 10 Small Hotels" & "Top 20
Average annual occupancy +70% (12 months), generating positive operating results since the opening year and continued substantial growth.
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Sale of 10% of the capital to the same Investment Fund & assignment of the Onyria Brand Management Contract (June 2020).