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Luxury development wins international property award

Pine Cliffs Resort’s latest five-star development, The Terraces – Pine Cliffs, has won an award for Best Development at the Europe & Africa Property Awards, part of the CNBC Arabia International Property Awards.

The Terraces – Pine Cliffs comprises 20 terraced two and three bedroom townhouses at the Pine Cliffs Resort near Albufeira, surrounded by extensive gardens, an infinity pool and a stream.

The development will be managed by the Starwood Hotels – Luxury Collection.

The company has been invited to join other winners at a gala dinner at the Marriot Hotel in Grosvenor Square in London on October 16, when they will receive their award.

The event is part of the International Property Awards which aim to honour the best real estate professionals around the world.

Later this year, the winners from the Europe & Africa Property Awards will compete against other winning companies from Asia Pacific, UK, USA and Arabia to find the world’s best in each category.

The entries were judged by a panel of professionals from the property industry, which included Peter Bolton King, the group chief executive of the National Federation of Property Professionals, and Imtiaz Farookhi, the chief executive of the National House Building Council.