Press coverage; Bom Sucesso Resort declared insolvent 2014

Please read the full article at Publico, published June 22nd, 2014 

Summary: The luxury golf development company in Óbidos has been declared insolvent by the court, exacerbating financial problems for the Bom Sucesso Golf project, which had an intended investment of 150 million euros. Construction of a five-star hotel has been halted for six months. Despite the insolvency declaration, the golf operation, a cornerstone of the project, remains active, with workers still employed. However, further details regarding the situation have not been disclosed by the resort administrator.