Portugal's $9 Million Villas Lure Investors Sifting Over Crisis

A luxury apartment block stands beside a disused swimming pool at the closed Herdade dos Salgados Resort, operated by ECS Capital, near Albufeira, Algarve region, Portugal, on Saturday, March 9, 2013. The tourism and real estate sector's recovery is crucial for Portugal's economy, which the government projects will return to growth next year, after shrinking an estimated 1 percent in 2013 and 3 percent in 2012. Photographer: Mario Proenca/Bloomberg via Getty Images
A luxury apartment block stands beside a disused swimming pool at the closed Herdade dos Salgados Resort, operated by ECS Capital, near Albufeira, Algarve region, Portugal, on Saturday, March 9, 2013. The tourism and real estate sector's recovery is crucial for Portugal's economy, which the government projects will return to growth next year, after shrinking an estimated 1 percent in 2013 and 3 percent in 2012. Photographer: Mario Proenca/Bloomberg via Getty Images
Portugal's $9 Million Villas Lure Investors Sifting Over Crisis
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Credit:
Bloomberg / Contributor
Editorial #:
163505945
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Bloomberg
Date created:
March 09, 2013
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Rights-managed
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Source:
Bloomberg
Object name:
PORTUGAL REAL ESTATE