Hello Villas

 Residential resort with 58 units in the Algarve, Portugal  

• Distressed acquisition of a bank repossessed resort with 58 units, swimming pool areas, parking spaces, a playground, gym and garden areas

• The asset is situated in Carvoeiro, Algarve, a popular holiday location with a cluster of nearby hotels, golf courses, and beaches nearby

• Refurbishment and operations are being undertaken with leading specialist local operating partners

• The fully finished resort was a REO of a Portuguese bank and has significant value-add to be realised from renovation and repositioning