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Faro


Portugal - Algarve

24°C

Faro - Algarve

Faro is the capital of the Algarve region. Often neglected by tourists, the city of Faro has managed to keep its calm atmosphere and its unique charm, represented by its old town and its surrounding ramparts. This picturesque city traces several years of history thanks to many historical monuments still present today, an archaeological museum, a cathedral dating from the Renaissance and many others.

Access to the centre is reserved for pedestrians, who come to discover the charming dilapidated façades of the ramparts surrounding the city. Also located between the Ria Famosa National Park and the Lagoons, Faro is the witness of the passage of many migratory birds.

Discovering the city of Faro is far away from the other seaside resorts of the Algarve highly frequented by tourists and enjoy a calm and soothing serenity.

Aperçu du marché

Algarve is probably the most dynamic and sought-after region when it comes to real estate in Portugal. Its growing activity in recent years, has, in large part, contributed to the development of real estate activity throughout the rest of the country.

Since 2015, buyers have completely regained confidence in this region and have allowed the market to refocus.

With more than 50% of international investors, the market has not stopped growing and thanks to this craze, Portugal has been elected number 1 among the most attractive countries in terms of luxury real estate.

Qui sont les acheteurs ?

The real estate market in Portugal attracts mainly foreign investors. Among them, we find in first position the French investors (25%), followed by the English with a little less than 20%, the Chinese (13%), the Brazilians (8%) then the Belgians (5%). As these figures show, the majority of foreign investors are of European origin.

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Algarve
Découvrez les hotspots en Algarve

The Algarve region represents the southern coast of Portugal. Bordered to the south and west by the ocean, the Algarve region enjoys an excellent climate, where the sun shines most of the year.

This region is full of pristine sandy beaches and offers tourists a variety of activities for everyone to enjoy (golf, historical attraction, hot springs and other caves and cliffs).

This destination is ideal for holidays with family or friends and attracts more and more tourists from all over the world every year.

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