PORTUGAL MASTERS 2009

15th October - 18th October 2009

This year the Oceânico Group are welcoming some of the World's greatest golfers to the Oceânico Victoria Golf Course in Vilamoura, to compete in the Portugal Masters 2009 which is on from 15th October-18th October.

Considered one of the leading European golf tournaments, the Masters will be held in Portugal for the third time offering a prize fund of €3m.

Not Just Golf

A new generatlon of buyers get more than golf from the Algarve. They find bargain prices and a fresh lifestyle, says Cathy Hawker in the Evening Standard.

Tourism Figures Announced

This week State Secretary for tourism Bernado Trinidade claimed the tide had turned. Official figures supplied by the office of National Statisitics showed occupancy levels in the Algarve to be at 90%, the same as those recorded for the same period in 2008.

Trinidade said; "What 2009 is proving is that despite the crisis this is in fact the third best year."

Sadlers support new local charity

Madrigada means "dawn" in Portuguese and has been used to symbolise the start of a new charitable project which aims to help patients and family deal with serious illness.

Launched by psychotherapist Alison Blair, the Sadler family donated the premises in Luz, for the charity shop which aims to raise money to operate the advice centre.

Herald Tribune uses Sadler´s Figures in report on Algarve

The article argues that in challenging times British buyers will play is safe and focus on established areas with good infratructure, like the Algare.

Sadler´s colleague Georgina Richards who works in the Knight Frank Baker Street office in International sales said "British and Irish buyers tend to look at villas, because they offer more privacy; Close proximity to restaurants and the beach is also important to them."

Knight Franks figures point to prices haven falled 25% in most areas since the end of last year and buyers are easing back into the market as there is a feeling that there are bargains to be had.

Sadlers client Pierre Doyle was used as a case study having bought a villa for €400,000 which last year was on the market for just under €600,000.