At the recent 2008 Homes Overseas Awards held in London, Portugal�s Praia D�El Rey was named Best Golf Development 2008 by a distinguished panel of international judges.

Homes Overseas magazine has been the UK�s leading international property title for over 40 years. The 2008 Homes Overseas Magazine Awards � the �Oscars� of international real estate - are the only global property awards where every short-listed entry is visited by a judging panel made up of respected professionals from across the industry, including architects, surveyors and renowned property journalists.

In an overcrowded market, the Homes Overseas Awards have become one of the most credible and reliable industry standards for judging international property, allowing a discerning purchaser to know where to start searching.

The judges were impressed by Praia D�El Rey�s enduring reputation as one of the world�s best integrated luxury resorts, and by the fact that its famous golf course (ranked 13th in Europe by Golf World magazine) is the first course in Portugal�s Silver Coast to start implementing ISO 14001, the environmental certification programme now recognized all over the world.

Joao Richard Costa, Sales and Marketing Director at Praia D�El Rey, says �We are thrilled to have won this award, which recognizes how hard we have all worked to make this one of Portugal�s most famous and best established resorts.

�Over the last 10 years we have won many awards, among them Portugal�s Leading Resort at the World Travel Awards (2007 and 2008), European Golf Resort of the Year from the International Association of Golf Tour Operators (2007) and previous Homes Overseas awards (2004 and 2006) but we all feel this most recent award for Best Golf Development 2008 is a great honour.�

Praia D�El Rey, only 50 minutes north of Lisbon�s international airport, has over 250,000 visitors a year and the 230-hectare beachfront resort is already home to 850 international residents, who own a range of beautiful villas and townhouses spread around the golf course and overlooking the wide sandy beaches. New off-plan 3 and 4 bedroom golf homes at Vila do Golfe 2, overlooking the fifth fairway, are currently for sale from E570,000. Spectacular off-plan beach homes at The Beachfront, only 100m from the water�s edge and all with full sea views, are for sale from E458,000 - E1.4m. Property owners have the automatic right to join the famous golf club, and can use the resort�s large tennis centre and the top quality Atlantic Health Club and Spa at the 5-star Marriott hotel. Owners can also rent out their homes all year round through the resort�s busy rentals programme.

Praia D�El Rey Golf & Beach Resort 2510-451 Obidos, Portugal UK Telephone 0870 428 1128 International Telephone 00 351 262 90 51 00

www.praia-del-rey.com (golf and resort) www.pdrproperty.com (property)

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Notes to Editors

General background on Praia D�El Rey Praia D�El Rey Golf & Beach Resort won 2007�s coveted European Golf Resort of the Year, awarded by the International Association of Golf Tour Operators, and has twice been voted Portugal�s Leading Resort at the 2007 and 2008 World Travel Awards. It also won Best Golf Development (bronze) at the 2008 Homes Overseas Awards. This is the Silver Coast�s flagship resort and offers a range of excellent value, top quality luxury villas, townhouses and apartments, with over 800 homes having been sold in the last 10 years. The Beltico Group, owner of the resort, can help with all the financial, legal and administrative aspects of buying, maintaining and renting out your home. It is a Marriott franchisee and also owns and operates all the resort�s facilities, ensuring a high and consistent level of service. Apart from its famous golf course, the resort also has a 7-court tennis academy, a FIFA-standard football pitch � where Portugal�s national team frequently trains � and nature paths for walking and cycling, a children�s playground, a Kid�s Club, restaurants, bars and a clubhouse.

For further information and pictures contact Christina Hippisley christina@belticogroup.co.uk

Tel + 44 20 7317 1130 Mobile + 44 7779 270226