Following one of the best summer and autumn sales periods since the recession started in 2008 we have now made a serious dent in the amount of properties we have for sale. Properties which have sold range from exclusive villas in the prestigious areas of Caliças and Funchal Ridge right through to residential apartments close to the town centre.
The appetite for buying property has certainly returned, and as previously mentioned, this is being bolstered by new markets being driven by new legislation, both European and non-Europeans are being incentivised to reside in Portugal. Therefore new markets of Scandinavians, French, Chinese, Russian and even Middle East buyers are coming to Portugal in good numbers.
With GBP hitting a near ten month high this week against the EURO, the picture is certainly improving for British buyers. So if you're looking for luxury and great value, the time to buy could be now!
To help you on your way, check out three of the best new properties on our books...
Since 8th October 2012, the Ministerial Deliberation has changed the conditions of authorisation of residence for investment activity in Portugal, namely regarding the requirements and minimum periods of stay and the means of proof. Diamond Properties have a selection of perfect Investment Properties to make the most of these Golden Visa opportunities.
To read more about the 'Golden Visa' please CLICK HERE.
We all know by now that to sell your property; dress it appropriately, always make it tidy, give a welcoming feel to the property and make sure the agent takes great photos that reflect the property at its best and tries to describe the property in a positive way. All these pointers are important, yet it is still the price that seems to be grabbing the glory.
To give you an example of this we have recently sold a lovely sea view villa in Praia da Luz. The villa had been on our books for around 9 months and had received a few enquiries but no viewings.
There is no denying that the Portuguese property market has suffered in recent years, with house prices dropping and many new developments standing unfinished.
However, we clearly have a strong affinity with Portugal with approximately 80,000 British people living there and OPP reporting that 53% of homes currently being bought are by UK residents.
7 top investments from Eurobrix vast collection. Starting with an opportunity in Brazil's Rio Hills Resort, featuring a private members club, tennis courts, pools, bars, restaurants and luxury water sports. Then all the way to Kittitian Hill, a master planned resort offering beautifully designed luxury villas and charming cottages.
Quinta do Lago are offering specific incentives on key properties including a Laranjal golf membership, Q Landscape services and Concierge Elite service. Contact them today to learn more, or start by browsing the homes featured HERE.
T: 351 289 390 700
W: www.quintdolago.com
Since launching in April this year, property website Meravista has revamped its unique map function and added thousands of homes for sale across Portugal’s Algarve region.
The Algarve’s newest property portal has improved its map feature to make it even easier and quicker for users to see the number of properties for sale in their chosen location. The map’s loading speed has been optimized, pushing it into the number one spot as the fastest property map platform available on the internet.
- More calls for UK stamp duty to be scrapped as super suburbs become the new buzz
- 'Golden visas' draw foreign buyers to Iberian real estate
- Exclusive Algarve Villas November News
- Theme park set to boost property market
- Sumptuous Villas from around the world
- Hot Properties from the Property Shop Portugal
- Energy Performance Certificate needed from Dec 1st
- Brand New Apartments For Sale in the Algarve... from €185,000