Farewell to a Monumental 2016....
2016 has seen a change in market dynamics here in the Algarve, with more interest than ever from French and Scandinavian buyers, taking advantage of the superb NHR Tax Regime. British buyers also continue to a major driver in the market, and despite febrile exchange rates, interest remains high and many are buying now, especially as property prices continue to rise.
For Cerro Novo, we experienced a milestone year. In the summer we celebrated our 35th anniversary and welcomed over 300 friends to the esplanade at our offices in Albufeira. Sometimes, it’s easy to forget how much experience counts for many Clients, and since the publicity surrounding our birthday, we’ve seen a steady increase in both buyers and sellers wishing to take advantage of our individual, expert service.
Across the year, we’ve also expanded our brand; launching ‘Cerro Novo Golf’ in the Autumn, bringing a unique Golf and Property Finding Service to the Portuguese Market. In addition, we’ve consistently invested in marketing, taking Cerro Novo to over 3 Million people across Europe through exhibitions, outdoor billboards, press advertising and social media.
In 2017, our investment continues, with further website improvements, Property Exhibitions in Stockholm and London and increased high profile digital media. Why not follow us on Facebook and Twitter?
So with historically low interest rates, great tax advantages, a privileged climate and one of the healthiest, safest lifestyles in the world, the Algarve represents one of the best places to vacation, live or retire.
We look forward to welcoming you and wish all readers a very Merry Christmas and a Happy, Healthy New Year.
Robert and Ana