Duo Village

 Residential resort with 53 units in the Algarve, Portugal  

• Distressed acquisition of a bank repossessed residential resort in Alvor, Portimão, over-looking the Alto Golf & Country Club and a short distance from the beach

• The resort includes 53 finished residential units divided across 2 blocks, with 4 swimming pools, leisure areas, a children’s playground and parking

• Refurbishment and management are being undertaken by a leading specialist local operating partner

• The resort was acquired in good condition, having been refurbished by the previous owners, and so minimal additional capex was required before beginning sales to individual buyers