Monte Rei to undertake landmark course renovation as part of long-term vision
Iconic Algarve resort to undergo six-month upgrade to further elevate golf experience
Monte Rei Golf & Country Club is set to undergo a defined six-month course and facility improvement program from this spring designed to safeguard its legacy and elevate the experience at one of Portugal’s most highly regarded golf destinations.
Details – Hospitality, Sports, Leisure, the asset management company of Arrow Global in Portugal and Monte Rei’s new management company, has unveiled a period of fresh investment for the iconic European course to protect and preserve the Algarve resort’s renowned reputation for quality, sustainability and resilience for the long-term future.
Following a detailed assessment of its signature North Course – which was designed by 18-time Major winner Jack Nicklaus – and its supporting infrastructure, Monte Rei has announced that the 18-hole championship layout will close from April to September to undergo a major renovation.
During this period, work will include landscaping restoration, upgrades to the irrigation system and pump station to improve water efficiency and selective course enhancements including the reconstruction of greens, bunker upgrades and refurbishment of cart paths.
In addition, improvements will also be made to the resort’s practice facilities including the practice tee and training technology, alongside quieter and more sustainable maintenance operations supported by modern equipment.
Nuno Sepulveda, co-CEO at DETAILS, said: “Monte Rei is already one of the finest golf courses in Portugal and Europe and that is something we deeply respect. This project is about taking a long-term view – protecting the character and playing qualities that members and guests value, while making thoughtful improvements that will allow the course to thrive for decades to come.
“At the same time, as the management company, we are ensuring that Portugal’s leading golf venues, particularly heritage courses like Monte Rei, are preserved and enhanced through careful considered evolution, without altering their essence unnecessarily. When Monte Rei reopens, it will be stronger, more resilient, and better equipped for the future, while remaining unmistakably Monte Rei.”
Nestled among the picturesque foothills of the Eastern Algarve, Monte Rei is one of Portuguese golf’s most iconic resorts with many people regarding it as the number one golf venue in the Algarve. Away from the fairways, non-golf facilities include high-end dining, 24/7 concierge service, heated swimming pool, gym, tennis courts and children’s play area, while guests can choose from an array of luxury apartments and villas with accommodation to suit all tastes.
The course improvement program forms part of a wider commitment by Arrow Global in Portugal to invest responsibly across its growing portfolio of assets and destinations managed by DETAILS and From: the new B2C platform focused on support development, marketing and commercial management in real estate.
Monte Rei Golf & Country Club is part of the portfolio of assets managed by DETAILS, Arrow Global asset management company, responsible for managing its tourism assets in Portugal. DETAILS currently manage 23 hotels, 12 golf courses, a sports centre, an equestrian centre and several dining venues.
ENDS
Information for journalists
Press release written and distributed on behalf of Monte Rei Golf & Country Club by Azalea.
For further information, high-resolution imagery, please contact Luke Frary at Azalea on +44 (0)1730 711920 or email luke.frary@theazaleagroup.com
About DETAILS
DETAILS is a sports and hospitality platform owned by Arrow Global, responsible for managing a diverse portfolio of tourism assets in Portugal. The company currently has 28 hospitality projects either in operation or under development, including six units formerly part of the Dom Pedro group, Hilton Vilamoura, Palmares Beach House Hotel and Signature Apartments, as well as Editory By the Sea hotels in Tróia.
Within the Sports & Leisure segment, DETAILS manages the largest portfolio of golf courses in Portugal, including the iconic Vilamoura courses – Old Course Vilamoura, Pinhal, Millennium, Laguna and The Els Club Vilamoura, the Algarve’s first private golf course and the first Ernie Els-designed club in Europe. The portfolio also includes PGA Aroeira Lisboa, Palmares, Vale Pisão, Tróia Golf, Monte Rei and San Lorenzo.
The sports portfolio further comprises the prestigious Vilamoura Equestrian Centre and a modern Sports Centre currently under development.
About Arrow Global Portugal
Founded in 2005 and headquartered in the United Kingdom, Arrow Global is a leading European vertically integrated alternative asset manager, specializing in credit and real estate.
The Group identifies, acquires and manages credit portfolios as well as real estate assets, primarily originating from banks and financial institutions. Arrow Global operates under regulation across eight Western European countries, currently managing €112 billion in assets and employing more than 4,400 people.
Since 2020, the Group’s asset acquisitions have been carried out through its Investment Funds division, which invests not only in Credit and Real Estate, but also in Hospitality and Tourism.
In Portugal, through Arrow Global Portugal, and in addition to direct investments in Real Estate and Credit made since 2013, the Group holds direct or indirect stakes in Norfin SGOIC and Norfin Serviços (Real Estate), Whitestar (NPLs), Restart Capital (Private Equity), DETAILS – Hospitality, Sports and Leisure (Hotel Operations), Hefesto (Credit Securitisation), Nexor (Affordable Housing), CredImediato (Credit Intermediation), and more recently, From: (Commercialisation and Activation of the Group’s Real Estate Assets).
Arrow Global Portugal also holds significant investments in high-profile destinations and assets, including Tróia, Vilamoura, Palmares, Aroeira, Monte Rei and Vale Pisão, among others.