Coronavirus – A turning point or a pause for breath? A view from Cerro Novo Estate Agents in Albufeira

Coronavirus – A turning point or a pause for breath? A view from Cerro Novo Estate Agents in AlbufeiraStuck at home or safe at home? Stagnation or peace and quiet? Distant or connected? The way that each of has reacted to the Coronavirus crisis is potentially shaping our ‘new normal world’ before our very eyes.
Families and friends are reconnecting in the virtual world. Time spent commuting is being repurposed into productive thinking space, and teams across the world are reaching out to customers to refocus on business relationships and overcome economic challenges.

House price growth rises to 12% in March 2020 compared to the same period of the previous year

House price growth rises to 12% in March 2020 compared to the same period of the previous yearIn Portugal, the average announced sale price rose from 316.629 € in March 2019 to 354.757 € in the same period of 2020 (12%). As for the average announced rental price, it has decreased 8% from 1.349 € to 1.243 € in March of the current year.

Since the beginning of the year 2020, there has been a gradual upward trend in the average prices announced in the rental segment, particularly in March. In the sales segment, the average prices announced have been increasing since September 2019 until now, however, in March 2020 there was a slowdown in this growth.

Limited Time Offer - Great Reductions and Special Extras!

Limited Time Offer - Great Reductions and Special Extras!A brand new, private condominium situated in a privileged location in the centre of Lagos, Southern Portugal, and just a short walk from an award winning marina. Excellent construction quality, modern architecture and exceptional solar exposition. Each unit will be completed with luxury finishes along with thermal and acoustic insulation.

Virtual Property Tours with Ideal Homes!

Virtual Property Tours with Ideal Homes!Don’t let being stuck indoors put a halt to your property search overseas… What better way to view properties for sale across the Algarve than from the comfort of your own home?
Viewing properties virtually with an expert consultant that can answer all of your questions regarding purchasing in the country you are interested in, along with queries on the properties you are viewing, is currently the most efficient way to purchase a holiday home in the sun, rental investment, relocation and retirement home in Portugal. 

Algarve Property Market Outlook 2020 Revised for COVID-19 | Estate Agent Land & Houses Algarve

Algarve Property Market Outlook 2020 Revised for COVID-19With the outbreak of the COVID-19 virus and subsequent economic fallout we are revising our already cautious annual outlook for resale property in the Algarve for 2020. As a result we expect a sharp drop in transaction volume of existing home sales and significant downside to property prices.

To read the full article, see CLICK HERE.

 

Fine & Country lockdown news from the Algarve & market update

Fine & Country lockdown news from the Algarve & market updateIn our 3rd week of lockdown, but life goes on! This photo was taken at around midday on April 3rd, with glorious sunshine and the temperature in the early 20’s C. But of course, Carvoeiro beach is empty and this is not only because there are no tourists in the Algarve at the moment. Part of the latest lockdown measures mean that access to beaches, boardwalks and other places that attract public gatherings is strictly prohibited.

Recently Reduced Properties in the Algarve

Recently Reduced Properties in the Algarve"When life gives you lemons, make lemonade." A worldwide phrase used to encourage optimism and positivity in the face of adversity, and with everything that is going on at the moment it has never felt more appropriate. So, here at Ideal Homes we're bringing you the lemonade in the form of our latest reduced properties across the Algarve.

Exclusive Algarve Villas - March 2020 Newsletter

Exclusive Algarve Villas - March 2020 NewsletterAt Exclusive Algarve Villas we’re like most of the world in the ‘corona virus lock down’ with the difference that we’re enjoying the great sunny weather the Algarve has to offer us. After a few super busy years we have time to catch up on work and to make improvements to our business.