Looking towards the future
The natural beauty of Palmares has always been evident, however it has taken visionaries to develop the resort into the unique destination that it is today.
Originally, Palmares was owned by a Portuguese family who first built a golf course on the site in 1975.
In 2001, one of the largest Portuguese companies - Sonae – bought Palmares, and in December 2003 Palmares was bought by family owned company Onyria Golf Resorts.
It was only in December 2008 that a permit for the development of the land for real estate was granted. In 2011, a new golf course on-site was inaugurated.
In November 2017, Palmares was acquired in a joint venture by Kronos Homes, one of the most prestigious residential developers in the sector and a large international investment fund.
From 26 September 2019, Palmares moves forward into its next chapter, as the resort itself is officially launched, finally bringing to fruition the true potential of this stunning location.