Hollywood Moving to Portugal

Algarve beach

It was announced last week that the south of Portugal (Algarve) is the likely home of a future Hollywood studio and theme park created by Universal Studios and CBS Paramount. It would be located in the city of Portimão, with the park costing 550 million euros and the studios around 200 million. The theme park would be about the history of cinema, and would be Universal’s first park in Europe, after the ones it has in Hollywood, Orlando, and Japan. The studios would be run by CBS Paramount, with a projected starting date of 2010, and would include post-production facilities and a “watertank” for the filming of underwater scenes. Portugal is an attractive country for such a project in part because of its near-perfect weather and competitive prices, as well as varied scenery.
Apparently also moving to Portugal is actress Angelina Jolie which the gossip columns have reported this week is also looking for a home in Algarve. Her chosen location seems to be Lagos, with the local media reporting a 10-million euro mansion in that seaside town as the possible future home of the actress.

One Response to “Hollywood Moving to Portugal”

  1. Go Lisbon Blog » Blog Archive » The Best of Go Lisbon in 2009 Says:

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