Close Menu
    What's Hot

    Crude climbs on supply worries after Iran rejects U.S. negotiation claims (CL1:COM:Commodity)

    March 24, 2026

    I’m Still Paying Off My School Loans As My Oldest Applies to College

    March 24, 2026

    Bitcoin Price Prediction: War De-escalates, But?

    March 24, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Money»Louboutin Tries to Shield Portuguese Town From Becoming New St. Tropez
    Money

    Louboutin Tries to Shield Portuguese Town From Becoming New St. Tropez

    Press RoomBy Press RoomNovember 24, 2024No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    • Christian Louboutin is working to protect his secret hideaway in Portugal from overtourism.
    • The French designer’s aim is to prevent the town of Melides from becoming the next St. Tropez.
    • But the area is becoming an A-lister hot spot, drawing the likes of Prince Harry and Meghan Markle.

    Christian Louboutin is trying to keep a tiny town near the coast of Portugal low-key, but as real estate developers open five-star resorts and sprawling golf clubs nearby, drawing A-listers and royalty, his effort might be in vain.

    The French designer, 61, told Bloomberg that the rural village of Melides, nestled within the Alentejo region of Portugal, is grappling with an influx of tourism and the impacts of climate change.

    Louboutin, who came across Melides over a decade ago, has a personal stake in the town with a population of around 1,500.

    Not only does he own a home there, but in 2023, he opened a 13-room boutique hotel in Melides with plans to open a second.


    Christian Louboutin.

    Christian Louboutin opened a small hotel in Melides, Portugal, and plans to open another.

    Victor Boyko/Getty Images For Dior



    While stopping tourism completely isn’t part of his mission, Louboutin is dedicated to preserving the Melides he first fell in love with.

    “People are touched by authenticity and we need to keep it that way,” Louboutin told Bloomberg. “Don’t expect Melides to become like St. Tropez. It’s not going to happen.”

    Representatives for Louboutin did not immediately respond to BI’s request for comment.

    A best-kept secret no more

    But whether Louboutin likes it or not, the once-upon-a-time lowkey getaway is now squarely on the map — thanks in part to the development of a series of luxury resorts and private members clubs nearby.

    Just a 15-minute drive from Melides lies Costa Terra, a 722-acre luxury resort community and gold club built by US real estate developer Discovery Land Company.

    The company is headed up by Mike Meldman, who cofounded Casa Amigos with George Clooney.

    The Telegraph reported that Prince Harry and Meghan Markle visited the club last year. Since then, speculation has been rife that the couple, who are based in Montecito, California, bought a property within the gated community.


    Prince Harry and Meghan Markle smile together in a crowd.

    Prince Harry and Meghan Markle in Colombia in August 2024.

    Eric Charbonneau/Archewell Foundation via Getty Images



    The Sussexes aren’t the only A-listers rumored to have bought into Costa Terra — reports have also associated George Clooney, Paris Hilton, and Sharon Stone with the development.

    Related stories

    Representatives for Costa Terra did not immediately respond to requests for comment.

    Alongside Costa Terra, several other glitzy developments are cropping up near Melides, including a 175-house residential project under development by Vanguard Properties and one on the Tróia peninsula built by Inditex billionaire Amancio Ortega’s daughter.

    Priced out

    Vitor Paiva, a license partner at the Comporta branch of real estate agency Engel & Völkers, says the Portuguese government has set limits on touristic beds that prevent the area surrounding Melides from becoming as saturated with tourists as hot spots like St. Tropez or Monoco.

    However, Paiva said the tourists that are now coming to the area are more affluent and “sophisticated” than those before, which means the small villages are changing from their rustic roots.

    “New investors, customers coming, they ask for more modern services,” he told BI. “They want to have the very good beach restaurants, luxury restaurants, high-quality services.”

    As a result, some locals in towns in the region are feeling priced out, Paiva said.

    “Local restaurants are closing, even the small coffee shops for the locals, they are closing and being upgraded with more sophisticated coffee shops,” he said. “In some cases, we are seeing the locals struggle.”

    In Melides, the idea of a rustic town remaining a secret oasis is slipping away.

    But Louboutin isn’t giving up on his aim to protect it.

    He cofounded Intertidal Melides, a community-led organization rallying local landowners and business owners to preserve the local environment.

    “Tourists come here for the beauty of this place,” Louboutin told Bloomberg. “So we need to just keep it that way.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    I’m Still Paying Off My School Loans As My Oldest Applies to College

    March 24, 2026

    Employees Are Taking Pay Cuts in Huge Numbers

    March 24, 2026

    Perplexity CEO Said AI Could Spur a Small Entrepreneurship Boom

    March 24, 2026
    Leave A Reply Cancel Reply

    LATEST NEWS

    Crude climbs on supply worries after Iran rejects U.S. negotiation claims (CL1:COM:Commodity)

    March 24, 2026

    I’m Still Paying Off My School Loans As My Oldest Applies to College

    March 24, 2026

    Bitcoin Price Prediction: War De-escalates, But?

    March 24, 2026

    Hesai Group Non-GAAP EPS of $0.16, revenue of $143.1M; gives Q1 outlook

    March 24, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.