Market intelligence
The Algarve, Portugal: An Outdoor Destination For Luxury Real Estate Buyers
October 31, 2013
· Admin Prestige
“The Algarve is an outdoor destination, a paradise for swimming, watersports and tennis.” Quintessentially
The Algarve is one of the best known regions of Portugal with a remarkable microclimate, which gives it at least a 10 month high-season.
The Algarve has always attracted international buyers seeking a second home
The luxury real estate market is showing signs of stability. The Algarve has always attracted international buyers seeking a second home with the advantage of a warm climate, championship golf courses, golden beaches and a rustic charm.
From the luxurious resorts of Quinta do Lago and Vale do Lobo to the traditional beach towns of Lagos and Praia da Luz, the Algarve offers a wide array of amenities.
Motivated by successive holidays and the lifestyle, Algarve second-home owners appreciate that the area offers a better value than many other European destinations. Properties in unique positions, such as those with beach access and located on the frontline of golf courses, remain the most sought after as many purchasers consider that they will sustain their value over time.
Where do prime property buyers on the Algarve come from?
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Admin Prestige
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