Sunday, September 28, 2008

 

Coastline Conundrum?

The news recently included information about the proposed new marina at Ferragudo.

Although it's really just a small fishing village, it's obviously smarting from the success of its rival-across-the-water, Portimao / Praia da Rocha.

The plans as published are extensive and will inevitably alter the nature of the place - probably irrevocably.

I suppose that it's part of Algarve's strategy to attract a wealthier sort of tourist: certainly, the sort of folk who own or rent large boats are likelier to have more money than the rest of us...

The trick is to keep them returning, of course. And one thing I've noticed about ships (or boats or whatever they're called) is that you can take them anywhere that has water.

I suppose the credit crunch is going to result in less visitors to Ferragudo in the next few years, but will the sailors it hopes to attract (if and when the marina is complete) repay the vast amount of money it'll cost?

Answers (if you're a trained economist) on a postcard to Algarve Beach Life - and thank you in advance for sharing your knowledge.

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