Construction to Start on €232 Million Beach Resort in Silves
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As Portugal attempts to extend its influence in the tourism industry, we are seeing a number of new resorts pop up throughout the country. One such resort will be located in Pêra and will create hundreds of jobs in the area. This resort will cost €232 million to build, but will bring a great deal to the region’s economy for years to come.
This tourist resort will be one of the largest investments into tourism in the history of the country. With the economy currently struggling, it is good to know that the government is attempting to bring in tourist money to help. Overall, the construction phase will employ 1,516 people and once built, the resort will employ a number of other people.
The resort is to be built on a 247-hectare piece of land that will be divided into five different phases. When completed the resort area will be home to 1,594 beds found in two five-star hotels and a separate four-star hotel. The project will actually include two separate resorts in the same area, which allows for further tourism opportunities.
The project will include the construction of a golf course and a shopping area, which are sure to attract people from all over Europe and the rest of the world. The golf course will have scenic ocean views and the shopping area should attract a variety of different vendors for visitors to enjoy.
Keep in mind that the construction of these resorts will be a process, as the first hotel is not due for completion until 2017. The second hotel will then be completed in the following year, while the third hotel will not be completed until 2023, as it will be located on the second resort. The good news, however, is that this will create years for construction jobs in the area.
Much of the excitement regarding these hotels is based on the clientele that they will attract. These properties are meant to attract middle and upper class tourists, which will bring a great deal of money to the local economy. Promoters of this project do not wish to attract low cost tourists, since they tend to spend less money on vacation.
This, however, could be a problem because the majority of people who arrived at Faro Airport last year flew on low cost airlines. As a result, this resort complex will attempt to change the face of the region as a whole by seeking a new class of visitors for the area.
The resort area will not have any buildings higher than three storeys, which will preserve the sightlines and will be easier on the environment. This will ensure that this does not become an overcrowded area, since no large hotels will be built.
The project will begin with the building of local infrastructure, since there is no road access to this stretch of beach between Armação de Pêra and the Salgados resort. Construction on the roads will begin in 2013, which will provide access to the beach for those working on the actual construction of the resort.
The developers of this project are happy to create new jobs for the people of Algarve, since the region has some of the highest unemployment levels in the country. These resorts will employ people of all ages once they are opened and will create countless opportunities for the region.
Silves is an important historical site in Portugal and many visitors will be made aware of this importance when they visit. Being able to generate more tourism will ensure that the region survives well into the future, which is vital in protecting the area’s legacy. If these resorts are able to make the region more popular with tourists, while protecting the environment, they will be a huge success for the people of Silves and the rest of Algarve.
Overall, tourism is sure to help this area, especially if richer tourists are attracted to these five-star resorts. We will not know the entire economic impact for years, but this project is sure to create a buzz and more jobs in this region immediately.
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Published in: News and Updates / Portugal Property / Portuguese Life