New on the market, this spacious villa with lovely landscaped gardens, a large, heated swimming pool and jacuzzi and located in a well-kept condominium not far from town centre and beaches will be a popular choice for permanent residency, or as a home / income investment.

Located in one of Albufeira’s premier locations and within a few minutes drive to the Coast, Golf and the historic Old Town of Albufeira, Cerro Novo are proud to present this beautiful four bedroomed villa.

Stylishly designed and solidly constructed, the villa's elevated position takes full advantage of stunning south facing views across the valley to the ocean, and also features numerous terraces, a lovely pool and a bougainvillea shaded dining patio.

Adega, new off plan development lets you own more than a great property close to wonderful beaches! You and (if you choose to rent) your rental guests will be able to enjoy a special piece of Southern Portugal's infamous history!

Stunningly modern, this private condominium is situated in a privileged location in the centre of Lagos, Southern Portugal, with views of Lagos Bay, and just a short walk from two marinas. Excellent construction quality, modern architecture and exceptional solar exposition. Each unit will be completed with luxury finishes along with thermal and acoustic insulation. Air-conditioning, electric blinds and a central vacuum system can be found in all rooms, with underfloor heating in bathrooms and wooden floors in bedrooms.

The Algarve is a popular choice for a holiday home and also offers a solid property investment. With more and more tourists visiting Portugal each year, renting your Algarve property to cover the annual costs of owning a holiday home is an attractive option.

CLICK HERE to read Part 1, detailing the advantages of investing in the Algarve.

Why the Algarve? It offers many advantages. With plenty of airports and low cost airlines offering flights to Algarve's Faro International Airport, and flight times not more than a few hours from most of Western Europe, the Algarve is easily accessible. Voted one of 2018's most peaceful countries in the world Portugal has one of the lowest population to land densities in Europe. The strict planning regulations secure the natural beauty of the sandy beaches, open countryside and forests. This in turn limits the supply of new properties, keeping the demand of property for sale high! 

Building from scratch or renovating an existing Portuguese property is a popular way of acquiring exactly what you need. There are many rules and regulations to consider so it is essential to consult a professional before embarking on any building project here in the Algarve. 

As Brexit continues to dominate the news, it also continues to feed our market with keen investors. Not only across our residential property market at all price ranges but also large investors and funds are keen to invest in local hotel and residential developments. All of our ambitious sales targets have been achieved and now passed. What a year it has been.

ILM collaborated with twelve leading Eastern Algarve real estate agencies in undertaking the survey, to providing the market with key market intelligence and understanding.

CLICK HERE to read the report.