Oceanico Group Launches Sterling Price List
16th September 2008
The strengthening Euro has led Portugal’s leading luxury property and golf developer Oceânico Group, to launch a fixed Sterling price list to provide British property investors with the security of a set price.
Nikki Loker, Sales and Marketing Director of Oceânico Group, says: "To date our prices have been published only in Euros, but with the fluctuating exchange rate we wanted to protect the interests of our UK customers and provide them with a set price that gives them greater security and control over their property investment.
"Portugal continues to be one of the top choices for British buyers, due to the stability of the market, together with the quality of the homes and the lifestyle available. Our launch of the Sterling price list means investors can now consider an investment in an Oceânico property in Portugal at a fixed rate of 1,35€ to 1GBP."
Oceânico Group is the market leader in luxury golf, beach and leisure resorts in Portugal, and owns seven golf courses in the Algarve – five in Vilamoura (Oceânico Victoria Course where the Portugal Masters is held, The Oceânico Old Course, Oceânico Pinhal, Oceânico Laguna and Oceânico Millennium) and two new courses at its Amendoeira Golf Resort near Silves due to open later this year (one designed by Nick Faldo and one by Christy O’Connor Jnr).
The company’s other developments include Vilamoura Golf & Garden Resort, which offers owners membership of the group’s seven Algarve golf courses, and Royal Óbidos Spa & Golf Resort on Portugal’s emerging Silver Coast, which features a golf course designed by Severiano Ballesteros.
Prices for a two–bedroom apartment now start from £367,000 at Amendoeira Golf Resort, from £381,500 at Vilamoura Golf & Garden Resort and from £315,000 at Royal Óbidos Spa & Golf Resort.
