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The building boom goes on
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pyrman View Drop Down
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Joined: 06/December/2012
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Points: 1133 		Post Options Post Options   Thanks (0) Thanks(0)   Quote pyrman Quote  Post ReplyReply Direct Link To This Post Posted: 12/May/2020 at 13:07
Those Prestige buildings on Oceano were started around the recession .. and finished after a long delay around 3 years ago. I advised some Americans on the location when they wanted to book .. there was a little sales cabin up near the roundabout which was smashed every which way ... 

Here is the streetview from last August .. this turn also on the blue/green giro route ..
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Jock View Drop Down
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Points: 1331 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Jock Quote  Post ReplyReply Direct Link To This Post Posted: 12/May/2020 at 19:13
Thanks for the link to the paper Tom.  Quite a bit to digest but I have plenty time at the moment.
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Points: 26866 		Post Options Post Options   Thanks (0) Thanks(0)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 16/May/2020 at 17:25
Work continues on the highly des.res. atop the ridge of Cerro D'Águia.
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Points: 26866 		Post Options Post Options   Thanks (0) Thanks(0)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 27/May/2020 at 16:23
In São Rafael the W Hotel and Residences are taking shape. Can't say I like the design!" The vast edifice all looks like this.
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Points: 26866 		Post Options Post Options   Thanks (0) Thanks(0)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 21/July/2020 at 17:00
Finisterra development on the way down towards the marina. Would you shell out the asking price for those available in excess of €750,000 if you had seen how they were built? Being sold by Sothebys.
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Points: 26866 		Post Options Post Options   Thanks (0) Thanks(0)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 02/September/2020 at 13:11
The new development almost opposite me. All finished and apparently sold. Certainly the 'for sale' signs have gone.
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Points: 1331 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Jock Quote  Post ReplyReply Direct Link To This Post Posted: 02/September/2020 at 13:22
And nothing to block your view. Great.
It is no coincidence that in no known language does the phrase 'As pretty as an Airport' appear. Douglas Adams
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Points: 26866 		Post Options Post Options   Thanks (0) Thanks(0)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 06/September/2020 at 13:36
The Albufeira Prime development opposite the town hall is coming along slowly. Asking price? A bargain at €350,000 for a T2.
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Points: 1133 		Post Options Post Options   Thanks (0) Thanks(0)   Quote pyrman Quote  Post ReplyReply Direct Link To This Post Posted: 07/September/2020 at 12:19
The bottom row is to be shops ... probably fashion, shoes, cafe, etc .. cleans up that corner.
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Points: 26866 		Post Options Post Options   Thanks (0) Thanks(0)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 07/September/2020 at 15:19
I still makes me wonder who would be mad enough to invest in any high end property, apartment or shop, with the end of mass tourism fairly nigh. We shall see.
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Points: 26866 		Post Options Post Options   Thanks (3) Thanks(3)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 18/January/2021 at 11:17
The Finisterra development on the cliff above the fishermen's harbour looks to be substantially complete. One penthouse has been sold for €1.37 MILLION!


I need to get some pictures of Albufeira Prime near the fire station which is also almost finished.
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pyrman View Drop Down
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Points: 1133 		Post Options Post Options   Thanks (0) Thanks(0)   Quote pyrman Quote  Post ReplyReply Direct Link To This Post Posted: 18/January/2021 at 16:19
Here`s an agent for Prime ..
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Points: 26866 		Post Options Post Options   Thanks (1) Thanks(1)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 19/January/2021 at 09:34
A snip at €435,000 but I bet they won't tell you that it's opposite the fire station and next to a busy road junction.

Handy for McDonald's and the shops though.
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Points: 346 		Post Options Post Options   Thanks (0) Thanks(0)   Quote cameroncleggout Quote  Post ReplyReply Direct Link To This Post Posted: 20/January/2021 at 19:00
And if other recent builds are anything to go by, most of the Shops on ground floor won`t be occupied 
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Points: 26866 		Post Options Post Options   Thanks (0) Thanks(0)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 21/January/2021 at 08:39
Originally posted by cameroncleggout cameroncleggout wrote:

And if other recent builds are anything to go by, most of the Shops on ground floor won`t be occupied 


Quite likely. Putting shop space on the ground floor is a sop to the local council to make planning permission easier. Plenty of examples I can think of.
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