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/.

 

Portugal Golf – Fauna: golf courses are safety

San Lorenzo Golf Course. Portugal Golf, Fauna: Golf Courses Are Safety.

San Lourenço golf course

Fauna: golf courses are safety

Golf courses represent safety for all animals, whether they are “residents” or just passing through during migratory seasons.

There are golf courses that are authentic “reserves” due to the diversity and quantity of animals that visitors may observe while playing.

In the lakes of the S. Lourenço golf course (Quinta do Lago), next to the Ria Formosa, hundreds of birds can be seen all year round, and during the migration period, thousands of them stop off there, like at an airport… (the observation posts around the course are always very popular).

At Castro Marim Golf the diversity of birds is abundant, but the majority are rabbits and partridges, as on many other courses in the Algarve.

At this time of year, the golf courses with many fig trees (Palmares, Vale do Lobo, Vale da Pinta, Benamor, Quinta da Ria, among others) are a permanent habitat for birds.

Morgado do Reguengo e Álamos (Monchique) is the preferred resort for storks, the dominant species, but there are also frequent encounters with rabbits and partridges. Yesterday afternoon, around the lake bordering Holes 1 and 2 at Álamos, hundreds of storks sought the cool waters.

On all the golf courses, the only species that is not well received, but unfortunately “visits” many, is the wild boar, because of the huge damage it causes.

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Portugal Golf Holidays – Algarve new Restaurants

Restaurant Well Vale do Lobo. Algarve new Restaurants

Restaurant Well Vale do Lobo

Algarve new Restaurants

With the arrival of the summer holidays and the warm and long days inviting for delicious outdoor meals, new restaurants emerge for lunch, dinner or a simple gourmet snack.

During the pandemic, the Algarve saw the emergence of new restaurants, which try to counteract current adversities. From the seafood of the Algarve coast to the flavours of the East, there is so much to taste in the Portuguese’s favourite summer destination. If you are in the Algarve or going there, take a look at some of the new spots.

Restaurant Al Sud

Chef Louis Anjos signs the menus of the new fine dining restaurant at Palmares Ocean Living & Golf Resort, in Lagos. Space invites you to enjoy various tasting moments, with the best that the region has to offer, especially the seafood diversity. Tuna with oysters from the Alvor river, oscietra caviar and granny apple, Iberian pork noodles with stew broth, Monchique corns and fine herbs, sea bass with rice from the Sado Valley region, mussels and saffron or Algarvian prawns with fatty bacon, are some of Al Sud’s proposals.

Location: Palmares Golf Course, near Lagos golf breaks

Restaurant Pier by the sea

The seafood restaurant and brewery owned by the chef César Lourenço left the Santa Eulália area, where it had been for three years, to settle right in the centre of Albufeira. Seafood continues to have the chef’s quality guarantee, who offers the Super Onda de Marisco boards as suggestions. Highlights include the seafood rice, but also the Tuna Prego in caco bread from Cais ao Mar, the loin Picapau and the Pata Negra ham, at the starters.

Location: Rua Almeida Garret, 27, near Albufeira golf breaks

Restaurant Tico Tico Algarve

Seafood and appetizers are the star of this new space on Quarteira’s waterfront, with the beach right at your feet. On the terrace facing the sea, entertain yourself with barnacles, crab or cuttlefish roe, octopus salad and fish-egg salad. For full meals, Tico Tico Algarve has xerém clams, Octopus Pataniscas and Bitoque.

Location: Avenida Infante de Sagres, Edificio Elegante, block C, Quarteira, near Vilamoura golf breaks

Restaurant Well Vale do Lobo

Sushi is a must in this new space at Vale do Lobo Resort. Inspired by Bali and Greece, the Well is located in Vale do Lobo square, right next to the pool and overlooking the sea. A sophisticated space, Well Vale do Lobo also has tacos, pokes, baguettes and snacks such as cuttlefish strips, chicken wings with chilli sauce and beef croquettes.

Location: Vale do Lobo Resort, near Vale do Lobo golf breaks

Restaurant Umami

In Quinta do Lago the first Asian restaurant opened its doors. Specializing in the Japanese cooking method robatayaki (food cooked over hot charcoal), Umami promises to combine a luxurious experience with a true sensory experience. The fish of the day is presented in caramelization of fermented soy, black garlic and fish liqueur, and the meat, Wagyu, with potato cream, a mix of wild mushrooms and mizuna. Then there’s Scallop Tempura, Chicken Yakitori and Gyozas, among other dishes.

Location: Rua das Palmeiras Rot.6, Av. André Jordan, near Quinta do Lago golf breaks

Restaurant Amare Beach Club

Hotel Faro‘s beach club returns renewed and with a new name for another summer. This is the ideal spot to have breakfast with toasted and bowls, lunch on hamburgers and salads, snack with oysters, clams and shrimp in tempura or dinner. Hotel Faro‘s Amare Beach Club is situated on Faro beach.

Location: Avenida Nascente 6, Praia de Faro, near Quinta do Lago golf breaks

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