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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.
  • Monitoring the viability of construction in Meia-Praia (pending for more than 30 years)

  • 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

  • Design and Licensing of the Subdivision.

  • Launch of Infrastructures.

  • Opening of the golf course, 27 holes, designed by Trent Jones Jr.

  • 25 lots for housing sold to individual customers, in the initial phase of infrastructure, at an average price of approximately 1M€.

  • Conquest of multiple international golf awards (includes 7 times the best course in Portugal).

  • Rounds growth from 35,000 to 55,000 rounds, far exceeding operating result benchmarks.

  • 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.

  • 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.

  • Sale of 10% of the capital to the same Investment Fund & assignment of the Onyria Brand Management Contract (June 2020).