Considered to be one of the world's leading golf events, the Masters is to hold its first ever edition in Portugal from October 18-21 and an attractive €3m prize money is on offer.

The course at the Victoria Golf Club was designed by Arnold Palmer and alternates well-positioned bunkers with lakes and waterfalls, and offers a continuous challenge for players.

With a guaranteed presence in the PGA’s European Circuit until 2009, the Portugal Masters is sure to consolidate Portugal’s position as Europe’s finest golf destination. The mild, year-round climate of the Algarve means golfers are attracted to the region 12 months a year. This is why so many people choose to buy properties on our near golf courses, to reap maximum rental returns.

Turismo de Portugal, the Portuguese Tourist Board, has offered significant financial support for this tournament and is hoped to be rewarded with the increase in tourists this event will attract.

The Portugal Masters is guaranteed international television exposure with worldwide TV agreements, and all four days of the tournament will be shown live in all the major golf destinations across the globe.

For more details please visit www.oceanicogolf.com