Kronos Group promotes golf and tourism in Portugal with real estate investment in the Algarve

Real estate investment in the Algarve
In a significant bid for tourism in the Iberian Peninsula, Kronos Real Estate Group announced a massive €700 million real estate investment in the Algarve region of Portugal and key assets in Madrid and Barcelona. This strategic move strengthens Kronos’ position in the real estate market and has profound implications for the region’s golf and tourism sectors.

 

Real estate investment in the Algarve

Kronos Real Estate Group will channel its investment into assets in strategic locations, including Madrid and Barcelona in Spain and the Algarve region in Portugal. This geographic diversification reflects Kronos’ vision to contribute to economic and tourism development in key areas.

Kronos’ investment will enrich the real estate landscape and positively impact tourism in the region. Madrid and Barcelona, known for their prosperous history and vibrant culture, will experience a boost in visitor attraction. In addition, the Algarve, famous for its golf courses and beautiful beaches, will benefit, consolidating its position as a top tourist destination.

 

A focus on the Algarve region

The Algarve region, a paradise for golf lovers, will benefit extensively from Kronos Real Estate Group’s investment. Thanks to its beautiful beaches and world-class golf courses, the region is already a popular destination for Portugal Golf Holidays. With more investment in tourism infrastructure, the Algarve will become even more attractive to national and international golfers. 

Kronos investment plan includes the construction of over 450 homes in Vale do Lobo Golf & Beach Resort, including houses and apartments, which will be part of Valle Real and Vale de San Antonio, as well as the Vale do Lobo area. The project also comprises the construction of a 5-star hotel, representing an investment of €500 million in 10 years.

This significant asset from Kronos Real Estate Group will positively impact the region’s tourism and real estate investment, with Madrid, Barcelona, and the Algarve also set to experience a boost in visitor attraction. The move highlights Kronos’ commitment to economic development and opens new regional perspectives regarding sustainable tourism and balanced growth.

For more information about Kronos Group real estate projects, we invite you to visit https://kronosre.com/es/noticias/.

 

7th edition of “Tee Times Open Championship”: the best of Quinta do Lago ready to celebrate golf and friendship

Golf fans, get ready to pack your clubs and head to Portugal for the Tee Times Open Championship. Celebrating its seventh edition, the tournament promises three exciting days (19-21 January) of golf and camaraderie on some of the most challenging courses in the Algarve region. 

Participants will play in pairs and be privileged to take on the magic of golf in Portugal on three outstanding courses: Quinta do Lago North, Quinta do Lago South, and Quinta do Lago Laranjal. These courses offer not only strategic challenges but also impressive views and the guarantee of a unique experience on every hole. Portugal has become a premier golf destination, and the Tee Times Open Championship highlights this with its three incredible courses.

Tee Times Open Championship Welcome at Chez Carlos Restaurant

The tournament kicks off with a warm welcome at the famous Chez Carlos Restaurant on January 18. Participants can relax, share anticipations, and enjoy delicious Portuguese cuisine. 

Portugal has established itself as a premier golf destination with world-class golf courses. The seventh edition of the “Tee Times Open Championship” highlights the excellence of golf in the country and offers participants the opportunity to enjoy Portuguese hospitality and the scenic beauty of the Algarve.

Portugal Golf Breaks

Golf courses in Portugal are known for their innovative design and strategic challenges, and the “Tee Times Open Championship” is no exception. Participants will experience first-hand why Portugal is a world-renowned golf destination.

Thanks to Quinta do Lago, which welcomes the tournament just like last year, and the sponsors (Hilton, Penina Resort, NAU Palm Village, Quinta do Vale, Espiche, Benamor and Quinta da Tor Wines) who make this competition possible, golfers can enjoy a memorable experience in Portugal’s golf majesty. 

In short, from January 19 to 21, Algarve will be the epicentre of the seventh edition of this exciting tournament that summarizes the camaraderie and more than 30 years of work of Tee Times Golf Agency. From the welcome at Chez Carlos Restaurant to the challenges on the courses at Quinta do Lago, this event promises lots of fun and immersion in the majesty of golf in Portugal. Prepare to score your perfect shot and enjoy three unforgettable days with friends at the Tee Times Open Championship.

The Michelin Guide Portugal 2024 Gala illuminates the Algarve: a culinary feast for the senses

This year, culinary anticipation reaches new heights with the news that the Michelin Guide Portugal 2024 Gala will take place in the charming Algarve on February 27. With its stunning beaches and unique gastronomic tradition, this region promises to be the perfect setting to honour Portugal’s culinary masters.

The event is expected to attract many tourists, especially those interested in golf in Portugal, as the Algarve is home to some of the best Portuguese golf courses.

Chefs Dieter Koschina from Vila Joya (2 Michelin Stars) and Rui Silvestre from Vistas Rui Silvestre (1 Michelin Star) will lead the Algarve chefs in charge of the Gala dinner. Guests at the NAU Salgados Palace & Congress Center in Guia, in Albufeira, can enjoy some emblematic dishes of Portuguese gastronomy.

 

Gastronomic and Portugal golf courses

The Algarve is a famous destination for Golf in Portugal, attracting worldwide enthusiasts golfers to its world-class golf courses. Apart from them, the Algarve’s exquisite gastronomic offerings make it a preferred destination for tourists seeking culinary experiences. The Michelin Gala in the Algarve adds a unique glimmer to the already rich culinary offerings of the region, making it an ideal choice for those who seek the best of both worlds.

After a day on the golf courses, visitors can relax in the Algarve’s restaurants, where the Michelin Gala adds a special touch this year. Fusing the game’s excitement and gastronomy’s sophistication creates a unique experience for those seeking the best of both worlds.

 

The flavours of Algarve

Located on the southern coast of Portugal, the Algarve is a culinary treasure that fuses the freshness of the sea with the richness of local ingredients. The Michelin Gala will highlight the diversity of flavours, from the emblematic cod to the fresh seafood characterising the region.

Portuguese cuisine is distinguished by its authenticity in dishes that combine fresh vegetables with fish and the best meats. In this context, cod is its ambassador. This fish is presented in various preparations, such as grilled cod or cod cataplana. Olive oil, another essential ingredient, adds its golden touch to iconic dishes, creating a symphony of tastes in every bite.

The Michelin Guide Portugal 2024 Gala in the Algarve will be more than a culinary event; We are facing a celebration of the rich gastronomic heritage and tourist attraction of Portugal. For fans looking for Portugal golf breaks, from the greens to the award-winning dishes, the Algarve offers a banquet for the senses that leaves visitors with unforgettable memories and satisfied taste buds. Welcome to a Portuguese feast!