Quinta do Lago
Overview
Premium gated community and golf resort in the Algarve region of southern Portugal. We partnered with SPX Capital for a co-investment deal and acquired a stake at Quinta do Lago developments. It was a combination of value-add from an opportunistic distressed acquisition. The Sponsor is retrofitting 63 luxury houses, 35 new developments and coordinating hospitality management.
Investment Thesis
Co-investment alongside SPX Capital to acquire a strategic stake at an attractive basis through a distressed special situation. The thesis centers on Algarve's structural appeal as a European destination of choice — favorable tax regime (NHR), flight connectivity to major EU cities, and a constrained supply of premium resort-residential assets driving sustained pricing power. The value-add plan includes retrofitting existing luxury houses and new development.
Outcome & Status
Active investment. The Sponsor is executing on the retrofitting of 63 luxury houses and 35 new developments, while coordinating hospitality management across the property.
