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Construction Work continues at Longevity Wellness Resort…

Check here for the latest photos (November 2008)

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ON THE HIGHLY PRESTIGIOUS “CNBC EUROPE & AFRICA PROPERTY AWARDS”

LONGEVITY is pleased to inform that LONGEVITY WELLNESS RESORT MONCHIQUE has won the highest award in the BEST DEVELOPMENT category for Portugal, a five star badge by CNBC EUROPE & AFRICA PROPERTY AWARDS.

“It is with great pleasure that LONGEVITY welcomes this award, an award which is comes as recognition of a vision, of a concept, of a company, of a location and of the efforts and dedication of a great team…,” stated Nazir Sacoor, Chairman and CEO of LONGEVITY Group.

This award also comes as confirmation of the market’s positive response to LONGEVITY WELLNESS RESORT MONCHIQUE, a development which sold 41% of its properties during the first nine months since launching.

Front and center to this Portuguese international real estate triumph, LONGEVITY WELLNESS RESORT MONCHIQUE can now proudly exhibit the CNBC EUROPE & AFRICA PROPERTY AWARDS logo, a symbol of excellence recognized and appreciated by an increasingly well informed and exigent global public. Read the rest of this entry »

LONGEVITY ANTI-AGEING SPA BY LA CLINIQUE DE PARIS

The LONGEVITY GROUP is honored to inform that it has established an exclusive partnership for Portugal with world leading expert Dr. Claude Chauchard from La Clinique de Paris. Both parties have created a Joint Venture in Portugal to launch a series of Anti-Ageing Spas & Cliniques both directly and through partner entities. Read the rest of this entry »

According to the World of Property UK, nearly half of British first-time buyers would be willing to purchase overseas in order to get their foot on the property ladder new research from independent online finance portal Fair Investment Company has revealed. Last year, National Savings and Investment found that 25 per cent of British people would consider buying overseas where property is cheaper and they could save for a deposit on a house back in the UK, suggesting that the number of first-time buyers willing to invest in overseas property may have doubled in less than a year. The Fair Investment Company survey found that 44 per cent of first-time buyers would consider buying overseas and eight per cent have already done so, meaning over half of first-time buyers may end up buying abroad before purchasing in the UK.

“First-time buyers are being driven to sunnier climes for a route onto the property ladder as a result of the credit crisis which has been shaking the foundations of the UK property market,” says James Caldwell, director at Fair Investment Company.

Another survey from HSBC has found that Britain is the third most expensive country to live in - after France and Norway -with wages going further in practically any other country. The study investigated how far British wages would go if an individual lived the same lifestyle abroad as they do in the UK, and found that a year’s salary would last 14 months in Australia, 15 months in America, 18 months in New Zealand, and a massive two years in Egypt.

These factors may drive many first-time buyers to not just invest in overseas property, but to go a step further and relocate overseas to live in their first investment in ‘bricks and mortar’.

The average price of luxury developments in Portugal continues to increase with the highest values in the Algarve. This is one of the main conclusions of the study “Portugal-The Luxury Residential Tourism Market 2008″. In the segment of residential luxury tourism the average price growth was of 18% in the apartments and about 19% in the Villas. In Condominiums with an integrated infrastructure management the average price increase was of 21% in the apartments and around 12,5% in the Villas. The luxury segment is pointed as a market niche, little explored and more stimulated in the last 3/4 years, being less vulnerable than the remaining real estate market.

This study was elaborated by IRG and Prime Yield and considered the analysis of 10 residential developments, 13 condominium developments and 4,200 individual units, during the year of 2007.

LONGEVITY is delighted to inform that LONGEVITY WELLNESS RESORT MONCHIQUE has won an award in the BEST DEVELOPMENT category of the 2008 CNBC EUROPE & AFRICA PROPERTY AWARDS.

“It is with great pleasure that LONGEVITY welcomes this award, an award which comes as recognition of a vision, of a concept, of a company, of a location and of the efforts and dedication of a great team…,” stated Nazir Sacoor, Chairman and CEO of LONGEVITY Group. Read the rest of this entry »

How it all started…

Check out here the beginning of the construction work at Longevity Wellness Resort

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