Please read full article of Gazeta Das Caldas from 20th April 2014 here.
Summary:
The Bom Sucesso Design Resort in Óbidos faces financial challenges, with dozens of house owners demanding payment of approximately one million euros related to the tourist exploitation contract. President of the resort’s board of directors, Paulo Graça Moura, acknowledges the debt and aims to propose an agreement ensuring payments to customers, contractors, and banks. The resort operates under two contracts: Vacations and Hotelier, with criticism mainly directed towards the Hotelier system, where owners use their houses for six weeks a year. Despite attempts to regularize the situation, some owners report unpaid returns and problems with construction and maintenance. However, the resort’s debts do not hinder the opening of the Hilton Hotel, as the company responsible for its implementation has no outstanding debts. Bom Sucesso remains optimistic about the hotel’s opening, seeing it as a potential catalyst for the resort’s growth despite challenges in the real estate market.