A €55m investment in the the Meia Praia district of Lagos (Algarve) for the tourist sector should create 300 new jobs. Uniquely, the project targeting older tourists with a new resort, including two hotels, several apartments and a medical center. A foreign investor has put the project forward for consideration by the Municipal Council of Lagos which has approved it, largely because of the volume of the investment. The project is being designed to allow not just for summer investments but for use during low season periods. The operator is expected to provide nost just quality tourist facilities but modern healthcare monitoring practices.
