National award for Algarve resort

A new major golf resort in the eastern Algarve has been given the status of Project of Potential National Interest by the Portuguese authorities.

This status recognises Quinta do Vale’s privileged location, environmental sustainability, commitment to energy efficiency and generation of wealth for the local economy.

Quinta do Vale provides two low-density living options – 66 plots for substantial single family villas and 57 detached homes in a Riverside five-star tourist village.

With properties starting to take shape on the banks of the Guadiana River, the ultra contemporary two bedroom Riverside Village properties will share a reception, convenience store, restaurant and bar, two tennis courts, lawn bowls and two communal swimming pools.

Enjoying a combination of golf, lake and river views this resort-within-a-resort will also be closest to the private boarding pier giving access from both the river and the Atlantic, bringing Quinta do Vale within cruising distance of the rest of the Algarve.

Plans for a marina with 100 berths for boats up to 8m (26ft) are being developed. Prices at Riverside Village start from 650,000 Euros with a four per cent rental guarantee for the first two years from completion, expected for the end of 2010.

The colonial and Mediterranean-styled villas occupying plots of up to 1,700m² have three en-suite bedrooms, generous basement areas for perhaps a gymnasium or home cinema, garaging for two cars and landscaped gardens with swimming pool – all with golf views.

Prices start from 1.2 million Euros and various furnishing or golf membership offers are up for negotiation.

Meanwhile, the 125-bed Quinta do Vale hotel will offer panoramic views of the resort’s golf course complete with clubhouse and pro shop as well as spectacular views across the River Guadiana which separates Spain and Portugal.