Padraig Harrington Invests in Oceânico Vilamoura Golf & Garden Resort

The Open Championship winner chooses luxury Algarve villa

25 July 2008 – Padraig Harrington, who successfully defended his Open Championship title this month, will have plenty of opportunity to practice when he takes ownership of a villa at Oceânico Group’s Vilamoura Golf & Garden Resort in Portugal.

With the first phase due for completion in Autumn 2010, property purchase at the luxury development includes membership to all seven Oceânico golf courses in the Algarve - five in Vilamoura; Oceânico Victoria (where the Portugal Masters is played), The Oceânico Old Course, Oceânico Pinhal, Oceânico Millennium and Oceânico Laguna – as well as the Nick Faldo and Christy O’Connor Jnr. designed golf courses at the nearby Amendoeira Golf Resort.

Padraig Harrington says: “Buying at Vilamoura Golf & Garden Resort not only gives me the security of a quality property investment, but it will allow me to practice on a different course every day of the week, a quality that very few resorts can offer. Away from the golf courses there are swimming pools, great beaches and fantastic leisure facilities, so I can spend some quality time with friends and family, and I’m already looking forward to it.”

Designed in a Moorish theme to complement the local architecture, Vilamoura Golf & Garden Resort is situated on a 170-acre site in the heart of Portugal’s Algarve. The new resort will include luxury two and three-bedroom apartments, three-bedroom semi-detached villas, and four and five-bedroom detached villas, together with extensive gardens crafted by celebrity landscape designer Diarmuid Gavin and a wide range of leisure facilities, restaurants, bars and children’s play areas.

Padraig Harrington has selected an Oceânico Prestige property providing outright ownership of a stunning five-bedroom villa with private swimming pool and a range of lifestyle services including use of a Sunseeker luxury cruiser, executive car transfers and an in-house concierge. Other Oceânico Prestige owners include Darren Clarke, Lee Westwood, David Howell, Paul McGinley, and Retief Goosen.

Oceânico Group Director Simon Burgess, added: “Vilamoura Golf & Garden Resort has been designed to offer the highest standards for owners, not just in terms of the build quality and design, but also the facilities we include for investors. Padraig, together with all of our owners, will benefit from membership of seven championship golf courses – an offer unsurpassed in Europe, and we are delighted that he has selected Vilamoura Golf & Garden Resort for a base in Portugal.”

Oceânico Prestige Fractional, the company’s luxury fractional ownership solution is also available at the resort. Representing the ultimate in fractional ownership it offers eighth share in a luxury four-bedroom villa, combined with access to exclusive lifestyle services, plus membership of the Oceânico Prestige Residence Club. This allows owners to stay as often as they wish at their ‘Home Club’ or at a growing range of other Prestige Residence Clubs around the World, subject to reservation policies.

Prices at Vilamoura Golf & Garden Resort are now fixed in Sterling for UK investors, with luxury two-bed apartments starting at £381,500, and the luxury villas ranging from £752,000 to £1,852,000. Oceânico Prestige Fractional starts from £185,500.

Oceânico Group is the leading developer of quality golf, beach and leisure resorts in Portugal, with a global golf and property portfolio worth over €2 billion. For more information call 0871 990 3388.

Sterling prices fixed at a rate of 1,35€ to 1 GBP.
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CAPTION: Open Championship winner Padraig Harrington has invested in a villa at Oceânico Group’s Vilamoura Golf & Garden Resort in Portugal

For more information please contact:
Context for Oceânico Group
oceanicodevelopments@contextpr.co.uk
Tel: +44 (0) 1625 511966
Fax: +44 (0) 1625 511967
www.contextpr.co.uk

About Oceânico Group

Oceânico Group is one of the leading property developers and golf operators in Portugal. The Group consists of Oceânico Developments, Oceânico Golf and Oceânico Resorts & Leisure.

Oceânico Developments is the market leader in high quality property developments in Portugal. Specialising in creating luxury four and five star properties for the holiday home, relocation and investment markets, the company’s fully completed developments include Jardim da Meia Praia near Lagos and Estrela da Luz and Vila Baía in Praia da Luz. Developments currently under construction include Belmar Spa & Beach Resort, overlooking Porto de Mós beach; Quinta do Monte Funchal on the prestigious Funchal Ridge; and Amendoeira, a €500 million golf resort in the district of Silves. Recently launched golf developments include Vilamoura Golf & Garden Resort in the Algarve and Royal Óbidos Spa & Golf Resort on Portugal’s Silver Coast.

Oceânico Resorts & Leisure, manages the range of developments to four/five-star luxury standard, and offers holiday rentals at the properties.

Oceânico Golf oversees the management and operations of the Group’s golf courses. This currently includes the Faldo and O’Connor Jnr. courses at Amendoeira Golf Resort near Silves (due to open autumn 2008), and five renowned courses in Vilamoura (The Oceânico Old Course, Oceânico Victoria, Oceânico Pinhal, Oceânico Millennium and Oceânico Laguna). Oceânico Golf will also manage the Group’s new Royal Obidos golf resort, which will feature a course designed by Severiano Ballesteros.

Marking its presence in the USA, Oceânico Group USA recently purchased Little River Golf & Resort in the Pinehurst golf area of North Carolina, which includes an 18-hole Dan Maples designed golf course.

This release was published on openPR.