4 months new. The best intercontinental with around 50 rooms. Extremely modern, beach facing views. If you are in the Ambassador Club you get free breakfast with great Portuguese champagne and also happy hour with great Portuguese champange. Really unbelievable experience when you are adding new modern cutting edge hotel. I would travel to Portugal just stay at this hotel. Great staff. This hotel also has residences starting from 3 to 4 million dollars that share the amenities. During high season I would be interested in how they handle the traffic.