Portugal's Property Market is OPEN!
The sights and sounds of the Algarve are returning, and the heady aroma of grilled sardines, sunscreen and freshly baked pasteis de nata is in the air! You can even see a few ‘planes landing at Faro airport which is a great relief to every business in the Algarve.
While we’ve been helping a majority of Clients in the virtual world since last Spring, it’s great to see propertyowners, vendors and prospective buyers arrive back in the Algarve. Of course, we understand that a trip to the Algarve may not be possible for many people this year, therefore we will continue to offer a full virtual viewings service alongside our face to face operation on an ongoing basis.
If you’re considering buying an Algarve property, you’ll find the market has remained remarkably buoyant throughout the pandemic, and now people are travelling once again, the market is as competitive as ever.
As more visitors from across the world return to Portugal, we would expect sales volumes to return to pre-April 2020 levels very quickly. Larger properties with space for home working or opportunities to create ‘home and income’ remain incredibly popular, as does any property with easy access to the ocean and coast.
If you are thinking of selling, now is a good time for Cerro Novo to undertake a valuation of your property. With Portugal recovering well from the pandemic, the country remains high on the priority list for buyers and investors who are looking for a property such as yours.
Visit our website regularly for our new listings, bookmark your favourite page and like, follow and share our social feeds. It’s good to stay in touch!
We hope to see you soon!
Robert and Ana