Exclusive Algarve Villas has a wide selection of property for sale throughout the Algarve.
Visit them online or at their offices in Vilamoura and Lagoa to fond out more.

House prices in the euro area were up by 3.4% in the third quarter of 2016 when compared to the same period in 2015, Eurostat reports.

When compared to the second quarter of 2016, prices in the area rose by 1.3%.

The Palácio da Fonte da Pipa, a 19th century building located in the Goncinha area of Loulé has been irreparably damaged by fire.

The palace roof has collapsed and the building’s interior almost totally destroyed by a fire that started just after 06:00 this morning, Tuesday, January 24th

There is a brand new website promoting winter lettings in the Algarve: www.winterinalgarve.com. The site contains lots of information about spending winter in the Algarve and home owners can advertise their property for letting.

Advertising on the site is free. The purpose of the site is to attract more guests to the Algarve in the quiet season, thus promoting the Algarve as a year round destination. It also contains a section that explains home owners how to rent out their property, as they often underestimate the perks of winter lettings.
Though revenue is likely to be lower than in summer, the typical winter guests stay longer and are often pensioners or early-pensioners that take very good care of a property.

WinterInAlgarve is for now only available in English under the .com and .co.uk extensions, translations to Dutch with the .nl extension and German with the .de extension are foreseen for April 2017.

The latest update on our living in harmony with nature project, The Green Man Hotel, a soon to be healthy living rural oasis, after the minor border infringement problem we had with our original submission and then the major realignment of the ( Reserva Ecológica Nacional ) borders on our land and the systemic slow progress to get to this point, we are at last reaching the final planning stages for phase one of the project, the first stage of which we will be creating a 100% carbon negative infrastructure for our hotel building and this could potentially and probably will end up being the greenest, the healthiest, the most sustainable, the most eco friendly, user friendly hotel in the world.

After the “shocks” of 2016, how will the overseas property market be affected in 2017 and will the most popular areas still be of interest?

Although the Trump and Brexit decisions did have an initial effect on clients potentially purchasing an overseas property - where some people have deferred until the markets have settled down in the USA after the Presidential inauguration and Article 50 is finally implemented - others have seen this as a good time to look for opportunities and bargains available in the market.

Albufeira’s ‘Pine Cliffs Ocean Suites, a Luxury Collection Resort’, has won the ‘Best New Hotel & Design Construction’ in Europe at the International Property Awards in London.

These awards are given for "the performance of companies operating in all sectors of the real estate and property industries," after a jury of 70 people asses design, quality, service, innovation, originality and commitment to sustainability of the entrants.

State-owned bank Caixa Geral de Depósitos remains headline news as one of its more ambitious loans seems to have turned sour, leaving a potential loss of €278 million to be accounted for.

The bank, troubled by recent poor management appointments and a huge overhang of bad property debts, loaned millions to companies involved in the Keys development at Quinta do Lago – money that the bank is unlikely to see repaid in full as Birchview Imobiliária has applied for protection under a Special Revitalization Process.