This Summer Exclusive Algarve Villas have some beautiful properties for sale in Central and Western Algarve regions.
Fine & Country Algarve has been appointed as an official agent to promote the new Ombria Resort near Loulé. Located just a 7km minute drive from Loulé, with its fabulous produce market and a short drive from the coast, Ombria Resort’s will comprise a total of 381 homes once complete with an extremely low construction density of just 3.5%.
The first phase is quickly taking shape with the luxurious Viceroy Hotel and Residences on schedule to open by early 2022, along with the 18-hole golf course which was completed last year.
The small port town of Fuzeta in the eastern Algarve is well-known amongst foodies as being home to some of the Algarve’s best fish restaurants, but less known is the history of winemaking in the area and the new wave of wines being produced, and there is even a local craft beer. The Fine & Country East Algarve office, located in the nearby village of Santa Luzia, has a new listing on the books that it perfect for food and wine lovers.
This immaculate 3+1-bedroom detached villa with a built area of 231,30m² on a 1.016m² plot, located in the quiet and secure environment of the Gramacho Golf Resort with a nearby clubhouse, bars and restaurants, tennis courts, swimming pools and a health spa. Carvoeiro, Ferragudo and several beaches are just a short drive away and Faro airport can be reached within 45 minutes by car.
When the pandemic hit Portugal and most of Europe back in March, many were expecting a total meltdown of the property market, especially as far as international buyers are concerned.
But as we write this in June, whenPortugal is slowly emerging from lockdown, the reality is quite different. Here at Fine & Country Algarve we kept very busy during the lockdown.
At Fine & Country Algarve we have seen a strong surge in buyer interest from all of our key markets with May enquiries up by more than 30% compared to May last year. Overall, since the beginning of the Covid-19 pandemic we have registered an increase in demand and it seems to us that the desire to invest in Algarve property is stronger than ever.
Many people are wondering what has happened to the housing market in the Algarve during these extraordinary times effecting the whole World. Whether the property prices are dropping, or interest from buyers is decreasing and if contracts are not completing.
Portugal started to ease lockdown measures from Monday 4th May with a three phase plan to reopen the country’s economy. Joao Fernandez, the Head of Algarve Regional Tourism Board predicts that international interest will resume as of mid June; visitors from both inside and outside of Portugal will seek a getaway once restrictions are lessened across Portugal’s popular tourist destinations. Beaches are set to open in June with health regulations in place to ensure visitor safety is paramount and with the Algarve experiencing little effects from the Coronavirus, this places the region in an ideal position to slowly open its economic and social activities.
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