Meet the Martinhal Team

The team

The Elegant Group is built on 17 years’ experience creating and managing high-quality assets in Portugal. We are the developers, owners and operators of the Martinhal brand of luxury family resorts and real estate.

Park Of Nations in Lisbon
Martinhal Sagres Family Beach Resort

The resort development in Martinhal Sagres
established the group’s reputation as a leading
developer in Portugal. The 5-star resort on a
415.000 sq m plot at the corner of the Algarve’s
stunning coast includes 37 hotel rooms, 132 village
houses, 50 townhouses and villas with unique
designs and a range of high quality leisure, sports
and food and beverage facilities.

Between 2015 and 2016, they opened 3 other
Martinhal hotels and resorts in the Algarve and
greater Lisbon. Their latest opening of the world’s
first city-centre luxury family hotel in Lisbon’s
cultural quarter, Chiado is especially interesting
as it is a truly unique property in the middle of
Lisbon’s old town.


All four Martinhal hotels & resorts are based on private investors acquiring
villas and apartments with the option to enter
their property into the letting pool of the operator.
Since its inception in 2010, Martinhal has had
an excellent reputation with owners.
The couple has become known for creating
destinations that have global appeal. To date, they
have sold over 300 Martinhal branded apartments
and houses to individual expatriate buyers alone.

Savills has recently picked Martinhal as one of the
top 3 branded residences brands in Europe. They
have also invested and delivered in other real-estate
classes in the Lisbon area such as the neighbouring
Ageas headquarters to Martinhal Residences
(completed in December 2021) and the United
Lisbon International School, which opened in
September 2020 and already has more than 310
students and still growing.

Play Video

The couple have become known for creating destinations that have global appeal. To date they have achieved 239 sales of apartments and houses to individual expatriate buyers alone.

Roman Stern, CEO, Owner, Founder of Elegant Group

Chitra Stern, CEO, Owner, Founder of Martinhal
Resorts and United Lisbon International School

Architect Eduardo Capinha Lopes

Roman and Chitra Stern are honoured to be working with Capinha Lopes Consulting on the Martinhal Residences project. With offices in Lisbon, Porto, New Delhi and Port Louis, architect Eduardo Capinha Lopes has carved out a reputation as one of Lisbon’s leading architects working across a mix of commercial, high-end residential and luxury hotel projects around the world.

The works of Hundertwasser in Vienna and Bosco Verticale by Stefano Boeri in Milan provided inspiration to incorporate natural elements in to the building’s façade. Keen to optimise Martinhal Residences’ position next Jardim do Cabeço das Rolas within the landmark mixed used development, the architect says of the project :

“I have worked hard to integrate nature in to the project. I have designed a luxury hotel residence building with superb facilities to meet the needs of great urban living, with views across the Tagus River, as well as the iconic 17km Vasco da Gama Bridge – all with nature integrated into the façade.”