Portugal Resident: Major projects in store for Lagoa

Major projects in store for Lagoa

Dutch businessman Erik de Vlieger turns ruins into modern homes

Dutch businessman Erik de Vlieger is developing seven major projects in Lagoa, which include turning derelict buildings into shiny new developments and building a “high performance sports centre”. The total market value of the projects amount to nearly €132 million.

Most people would likely jump at the chance of enjoying a semi-retirement in the Algarve.

Dutch businessman Erik de Vlieger gave it a try in 2006, becoming a shareholder at Carvoeiro Clube after moving from Amsterdam to the Algarve and working at whatever time he wanted to. But years later, he realised that he loved and missed the daily grind of full working days too much to leave it behind.

“I was that typical Northern European, semi-retired businessman who could go to work whenever he wanted,” Erik de Vlieger told the Portugal Resident. 

“But I am a businessman, and I am addicted to work. Around 2014-2015, I got fed up. I like to be at the office at 8.30am and go home at 6pm or 7pm. So, I had to make a choice: make a bit of money off buying and selling plots of land or start my own company.”

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Erik de Vlieger

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