Do you own a property in the Western Algarve from which you need some income? Is the property closed with no use and you don’t know what to do? It kills you to think that the potential guests will spoil everything?
Or can you be able to respond to any issues that may arise? Perhaps the bureaucracies of legalizing the property are considered to be hell for you?
Cerro Novo are pleased to present this magnificent villa with annexe, situated in an elevated position to the west of Albufeira.
Beautifully proportioned and having been subject to quality long term remodelling, this highly desirable residence would suit Clients looking for a permanent home, family holiday home or even a home and income investment.
The popularity of Portuguese property has reached a nine-month high, reveals new research from TheMoveChannel.com.
The international portal's latest Top of the Props index shows that Portugal reentered the top three destinations in July 2017. This is the first time that Portugal has been in TheMoveChannel.com's top three since October 2016. Portuguese real estate accounted for 1.87 per cent of all enquiries on the portal in July, with enquiries rising 2 per cent month-on-month in real terms.
FamLife is a simple and reliable rental property investment product that generates a guaranteed monthly income stream from month one.
Ideal for those looking for a regular monthly income, such as retirees or those nearing retirement, it offers a dependable income compared to building society savings or pension plans, all with the peace of mind that your capital is secure in your own bricks and mortar ownership.
Much discussion has surrounded Brexit recently, and rightly so, but with it needs to come the understanding this is a British political issue and not one of foreign countries like Portugal. For Brits however it begs the question, how does an investor navigate this turbulent time when buying property abroad?
Since these talks began, both the Portuguese and the British governments have noted they do not intend on changing the relationship between the two countries. The Anglo-Portuguese alliance dates back to 1294 and is considered to be the world’s oldest economic alliance. During periods of political instability some investors will naturally be more reserved, others however will see an opportunity to invest.
For the latter, along with those looking to increase their knowledge, what should you consider when searching and buying property in Portugal?
Increasingly seen as a desirable permanent residential location, Páteo is perfectly situated a few minutes drive from the bright lights of Albufeira and the Marina but with the relaxed feel of a traditional community.
This is a two bedroom townhouse of local vernacular, with a superb south-west aspect, lawned garden, communal pool and plenty of inside space.
France is still the number one location for British buyers looking to purchase abroad, according to overseas property and finance specialist Simon Conn.
Simon, who has been in the overseas property business for more than 35 years, said: “France has always been a hot spot and despite Brexit and all its possible implications, it is still proving to be the country we receive more enquiries about than any other.
Environmental association, Almargem, has hit out at the Sunset Albufeira Sport & Health Resort, an expansion of the Alfamar hotel site into the seafront pine forest to the east of Albufeira.
As reported in algarvedailynews.com last week, the rehabilitation of the old Alfamar hotel, between the beaches of Falésia and Rocha Baixinha in Albufeira, involves an expansion into ecological land to build additional sports facilities, villas and apartment blocks. (here)
