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New “mega touristic project” on track for Albufeira

New “mega touristic project” on track for Albufeira

Alfamar – the so-called rundown hotel years ago cited as one of the ‘quid pro quos’ of Portugal’s ruinous submarine ‘deal’ with German submarine consortium GSC – is finally on track for its long-promised revamp.

According to Correio da Manhã, a €119 million investment is going to transform the 4-star complex into a leading sports tourism resort.

Alfamar’s current quota of over 2,500 beds is to be upped by another 1004, and public consultation over the plans expires on Friday.

The project, explains the paper, covers 95 hectares between Falésia beach and Rocha Baixinha (next to Quarteira river) and has been presented by “groups Libertas-Investimento Imobiliário and Sun House”.


Read more in the Algarve Resident