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.

Martinhal Cascais Lobby and Reception
Martinhal Sagres Family Beach Resort
Roman and Chitra Stern are the entrepreneurs behind the Elegant Group. Together, the international and dynamic couple from Switzerland and Singapore, parents to four children all born here in Portugal, developed award-winning hotel and residential properties with a unique proposition for family holidays. They have worked hard to establish their businesses and reputation in Portugal and they have been recognized with various awards as successful entrepreneurs.

In 2015, they opened the Martinhal branded 180 villa resort in Quinta do Lago. In 2016 they opened the first city-centre luxury family hotel in Lisbon’s cultural quarter, Chiado, and a newly refurbished hotel in Lisbon’s coastal village of Cascais.


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 operation began in 2010, Martinhal has paid each and every owner their rent on time.

Their development in Martinhal Sagres established a reputation as a leading developer in Portugal. The 5-star resort on a 220.000sqm plot on an unspoiled location on the Algarve coast includes 37 hotel rooms, 132 village houses, 50 townhouses and villas with unique designs and a range of high quality leisure, sports, food and beverage facilities.

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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, Founder / Owner / CEO
Chitra Stern, Founder / Owner / CMO


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.”