Acacia Point advised on the acquisition of Iberostar’s new 5-star resort hotel in Lagos on behalf of a European high-net-worth family office.

The 220-key beachfront resort, overlooking Meia Praia in the Algarve, was fully refurbished and repositioned to align with Iberostar’s “Selection” brand standards prior to reopening. The transaction marked Iberostar’s second hotel in Portugal and involved a prime leisure asset located near leading golf courses and the historic town of Lagos.