I have noticed that some of the roads are being upgraded and surfaced, could have something to do with the nearby NEW Monte Santo resort , 5 start luxury etc etc, with apartments starting at over 400keuros.
I think there are two/three new developments in Mato Serrao one could be a Hilton appartment complex its in front of Villa Nova. One of the others is Hibiscus Gardens - two bed appartments and three/four bed villas.There is also a third development on land between Villa Nova and Solferias I do not Know what is to be built. I have been looking to buy for a while and think I have finally got somethig . Fingers crossed