/24-7PressRelease/ - LONDON, UK, July 16, 2008 - PURE International is delighted to offer the final release of properties for sale at Vilamoura prior to the launch of largest expansion and development programme to take place in the Algarve's illustrious history. Long established as an axis of the famed "golden triangle" prestigious resorts, Vilamoura's Master Developer Lusort will in 2009 embark on the eighth and final phase of the resort's development, Vilamoura XXI. At the centre of this 750 million development will be a new project named Cidade Lacustre. Bringing 900 hectares of residential, commercial and leisure amenities, the resulting increase in property values and boost to a rental market which continues to thrive mean now is the time to secure one of the limited number of properties remaining for sale off plan prior to the commencement of construction.
Fantastic current opportunities include:
Monte Laguna - a stunning collection one to three bedroom apartments and three or four bedroom townhouses in tranquil surroundings from 177,000.
Sunset Villas - a luxurious collection of golf front apartments and townhouses from 194,000.
Victoria Gardens - a closed community of 48 apartments and 8 townhouses next to the Victoria golf course from 263,000.
L'Orangerie - 93 stylish villas, townhouses and apartments with contemporary architecture from 286,000.
Why Vilamoura?
Simply put, the outstanding location, climate and enormous diversity of amenities explains why the rental market here continues to thrive. With six 18 hole championship golf courses, the resort was voted the 'World's Best Golf Destination' in 2000. It is also home to Portugal's most exclusive international marina with approximately 1,000 moorings, boasts outstanding beaches, incorporates a 200 hectare nature park, many and diverse bars, restaurants, clubs and a casino and is only 20 minutes from Faro Airport.
Situated within the Algarve's illustrious 'Golden Triangle' (which also includes Vale do Lobo and Quinta do Lago), Vilamoura boasts incredible value for money. A report from research firm IRG outlines that the average cost for spacious villas in Quinta do Lago are more than 5,000 per square metre, whilst Vilamoura offers around 3,200.
Looking to the future
With a vast network of canals and waterways branching off of the existing marina, the waterside homes at Cidade Lacustre will be situated in the centre of the Vilamoura XXI project and provide 2,490 properties, 200 new moorings, leisure areas, luxury hotels, athletic facilities, shopping centres, restaurants and spas within 900 hectares.
Sean Collins, CEO of PURE International, comments; "Lusort's plans for Vilamoura signify one of the largest examples of urban development undertaken in the Algarve and as such, represents an excellent opportunity for investment in the area. The reputation and potential in the Algarve and Vilamoura, as worldwide destinations for tourism and second homes, will receive a huge boost from Lusort's plans. Existing developments that are currently nearing completion will provide an excellent opportunity for potential purchasers to buy in an expanding resort."
For further information on properties available from Lusort, please contact PURE International on, Tel: 020 3031 2860 or visit: http://www.pureintl.com
About PURE International
PURE International offers a range of specialist services for the sale and marketing of luxury property in recreational destinations worldwide. Since its inception in 2004 PURE has established wholly owned offices in the UK, Canada, UAE and Switzerland, a partner office in Holland and has a growing database in excess of 25,000 people. The company has sold in excess of 600 residential real estate units with a value of 400 million and won several high profile awards. The current value of schemes offered by PURE is 3 billion.
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