Despite the global economic turmoil, one place continues to defy the doom and gloom as even more tourists and investors are expected to flock to Portugal�s Western Algarve following the recent opening of the Aut�dromo Internacional do Algarve, a brand new state-of-the-art race track near Portim�o.

And, according to the annual top 20 survey in the current issue of A Place In The Sun magazine, Portugal is the biggest climber leaping from 12th to 3rd position as the UK�s favourite place to buy property around the world.

The Algarve is already renowned for its golf courses, beaches, water sports, culture and good food and wine. With the new venue, the region is expected to welcome a further 1 million tourists a year. In November it hosted the Portuguese round of the Superbike World Championships and Formula 1 testing took place in December. Other major international events are scheduled and there is talk of it trying to lure an F1 race in the future.

As well as the circuit, the complex includes a karting track, technology park, 5-star hotel and sports facilities. At around �195m it is the biggest single investment ever in the Algarve and as well as the creation of over 1,000 new jobs, tourist levels are expected to substantially increase as visitors flock to see the sporting contests, all of which should have a positive impact on the local and national economy.

A member of Alderley Edge-based The Emerson Group, Jones Homes Portugal has two residential and leisure developments just 10 minutes drive away from the Aut�dromo. Both look set to benefit as buy-to-let investors seek to take advantage of higher expected occupancy rates for rental properties in this area.

The opening last year of a brand new clubhouse with fully equipped gym and luxury health spa has enhanced Boavista Golf Resort�s claim to be one of the Algarve�s top golf and holiday destinations, bringing new levels of comfort and luxury to owners and guests alike. Located near Lagos, a choice of detached villas and golf village properties start at �365,000 and, under a new freehold quarter share scheme, a 13-week per year rotating occupancy can be purchased from just �112,000.

Jones Homes� other major development on the Western Algarve, O�sis Parque, is located between Alvor and Portim�o. With a country club atmosphere, O�sis Parque provides unrivalled facilities for residents and tourists � huge outdoor pool, kiddies� pool and playground, heated indoor pool, Jacuzzi, tennis courts and on-site restaurant. A range of detached villas and apartments start at �205,000.

Prospective purchasers hesitant about buying abroad need have no fears about the reputation of the Cheshire-based residential property developer, which has enjoyed almost 30 years of continuous successful development on the Algarve and almost 50 years here in the UK. Many property purchasers, whether they want a permanent or a holiday home, opt for a proven product, a recognisable name synonymous with quality and professionalism � for them, Jones Homes� developments in Portugal would seem to fit the bill.

For more information about Jones Homes� properties on the Algarve visit website www.joneshomesportugal.com or ring 01625-548405. For holidays to both O�sis Parque and Boavista Golf Resort book online at www.algarveselect.com, e-mail reservations@algarveselect.com or ring freephone 0800 716136.

-ENDS-

Notes to Editor:

Jones Homes Portugal - profile: Jones Homes Portugal is a Company within the International Division of The Emerson Group whose founding member, Jones Homes of Alderley Edge, is one of the leading developers of quality homes based in the North West of England. With almost 50 years experience it has established an enviable reputation for building homes of character and individuality in highly desirable locations. The hallmark of a Jones home is luxury accommodation coupled with high standards of design, construction and specification. The Company�s qualities have been recognised over the years with a number of major UK national housing awards. These include GreenLeaf awards, the prestigious Tree Council Award, New Homes Garden Awards and Gold in the 2007 British Housebuilder Awards. From its Cheshire base, the Company has expanded to establish regional offices in Yorkshire, Kent and The Fylde coastal area of Lancashire. Now with over 35 years experience in the Algarve, Jones Homes Portugal is behind several residential and holiday developments in the region including Boavista Golf Resort (Lagos), Lakeside Village (Quinta do Lago), O�sis Parque (Portim�o) and Jardim do Vau (Praia da Rocha), and in recent years the Company has won several prestigious Homes Overseas Awards.

Pictures Captions:

Buy-to-let property owners and investors are expecting higher occupancy rates as an extra 1m tourists a year flock to watch motor sport at the Aut�dromo

O�sis Parque, Portim�o, just minutes from the new track, offers a country club atmosphere

Boavista Golf Resort, Lagos, is handy for motor sport fans visiting the Aut�dromo

The circuit has been approved by FIA for Formula 1 races

The Algarve�s new race track has already hosted the Portuguese round of the Superbike World Championships

For more information please contact: Dawn Williams (Overseas Travel & Property Manager) Jones Homes Portugal, Emerson House, Heyes Lane, Alderley Edge, Cheshire SK9 7LF tel: (01625) 588415 fax: (01625) 588271 e-mail: dawn.williams@emerson.co.uk web: www.joneshomesportugal.com

Distributed by: Alan Sykes (Public Relations Officer) Jones Homes Portugal, Emerson House, Heyes Lane, Alderley Edge, Cheshire SK9 7LF tel: (01625) 588307 fax: (01625) 588310 e-mail: alan.sykes@emerson.co.uk web: www.joneshomesportugal.com