Saturday 10th January 2011

Prices have been adjusted downwards to reflect the continuing fall in the buying power of sterling. British buyers are in the overwhelming majority of villa owners and they have seen their investment grow enormously in the last 6 years.

"Now the pound has weakened by nearly 30% in the last year or so, we have reduced our Euro prices in line." said Keith Carre, a Director and Projects Manager for Reserva da Luz.