Wife Says Lynn in Portugal

The wife of missing solicitor Michael Lynn has told the High Court that she saw her husband two weeks ago in Bulgaria.

Brid Murphy is giving evidence in an attempt by ACC Bank to recover a mortgage it gave Mr Lynn on a €5.5m house in Howth, Co Dublin.

Ms Murphy told the court that her husband collected her from the airport in the Bulgarian capital Sofia last Monday week.

She said she left Bulgaria seven days later and that Michael Lynn has now returned to Portugal.

From Irish Independent.

According to the Irish Times: "The wife of missing solicitor Michael Lynn has told the High Court she remains in touch with her husband and last saw him just over a week ago in the Bulgarian capital, Sofia."

"Ms Brid Murphy said she knows where her husband is, that he had collected her at the airport in Sofia from where she left on Monday week last and that he went to Portugal the following day. She remains married to Mr Lynn, she added."

"Ms Murphy told the court that, when she married her husband in April 2006 having been with him since 2004, he was a solicitor with his own practice and property company and she trusted him completely in relation to financial affairs, including dealings for the purchase of Glenlion. She had worked as a nurse earning some €46,000 a year before their marriage but gave up work in early 2006."

See the full article here.

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Michael Lynn/Kendar update

As per the post below, unfortunately it hasn't taken very long for more media coverage of the Michael Lynn/KenDar case.

There is a full two page feature by Simon Carswell in today's (Saturday Feb 16th) Irish Times in the Weekender section.

There isn't really much new in the piece except for a brief interview with Nuno Paulino, the accountant who's running Vantea. This is the company which took over KenDar's development in Cabanas on the Portuguese Algarve by purchasing most of Lynn's holding last December.

The article does give a good up-to-date summary of the entire case though so if it affects you in any way it may be worth getting your hands on it. The link to the pretty substantial piece is at http://www.ireland.com/newspaper/newsfeatures/2008/0216/1203093372498.html but you'll need to subscribe to get it online.

http://www.overseascafe.com/ - Ireland's Overseas Property Portal

Lisbon Coast

On a recent trip to Lisbon it was interesting to see what is planned for this region and all it has to offer the tourist, golfer and property enthusiast alike. In Ireland we are inclined to link Portugal with just the Algarve but the Lisbon area has an awful lot to offer, even for those just travelling for the golf.

There are a number of high quality courses in the region, some with property on them already such as Praia D'El Rey and CampoReal to the north of the city along the Silver Coast or Costa de Prata. Bom Sucesso is a very interesting project as well, a huge array of very talented designers have been brought together to develop one of the most courageous and innovative golf developments I've personally ever seen. The golf course isn't playable yet, it should be by June 2008, but from an in depth trip around the course it does look like it is going to be a very good one. The way in which the property is being hidden on the course is also very innovative. This isn't going to be one for the Portuguese purist however, none of your standard Portuguese property design to be found here.

To the south of the city, along the Blue Coast or Costa Azul, is if anything, possibly even more interesting. The news that the new airport is to be located in Alcochete, to the south of estuary to the river Tagus, has come as somewhat of a boon to those in the south, although the addition of a new bridge should ease matters somewhat for those heading north.

The TroiaResort is, apparently, very worthy of a look (it was closed for renovations while I was there) but the plum development here may well be the new project currently underway at Pinheirinho Golf and Leisure Resort. It is a truly marvellous site and the beach, although 500 metres from the golf course, will be a real attraction. It is being done in a natural and ecofriendly manner, which is in itself quite unusual. The golf course won't be ready for a few years yet, they're currently only clearing the site, but if properly done this could well be one of the best courses in Portugal in years to come.

Another notable to the south of Lisbon is the more mature Quinta do Peru golf and country club which has a range of villas around the course. This is a lovely course to play, unless you have a fear of bunkers, and the climate in this part of Portugal makes it a joy to play, even in the end of January. It is also a lot easier to play in the summer than the Algarve, which can become unbearably hot in July and August.

You'll find our columnist, Diarmaid Condon, writing about the Lisbon Coast in the Sunday Business Post this weekend (it's at this link). Ginetta Vedrickas has also done a piece for the OverseasCafe.com website based on this wonderful stretch of Atlantic coastline, click here to see it.