Portugal - Attracting Property Investment from across the World
In a recent conference of Real Estate Professionals from across the World, the topic of the European Property market following Brexit and Trump was one one of the most popular plenary sessions.
Despite significant investment being drawn into cities most likely to benefit from the British Divorce from Europe (Paris, Frankfurt and Amsterdam), a number of other hotspots were highlighted, including Lisbon and also the Algarve Region as a whole.
Buoyed by investment, lifestyle advantages and “above average” infrastructure, the Region was cited as beacon for Property Investors from across the World, particularly for those looking for “solid, if not meteoric returns on investment”.
Closer to home, we’re looking at a property market in which demand outstrips supply, by a factor of two or three.
Quality properties, close to facilities and with great views will always sell in the Algarve, but of late we’re seeing a trend of increased interest in larger properties where home and income or home with income can be achieved. In addition, properties of all types which require a little work or offer possibilities of expansion are attracting interest, particularly as engineering and construction costs can be much lower than in Clients’ Home markets.
In February, our newsletter will feature a collection of Properties which offer our Clients the opportunity to invest in a growing market and with the potential to add value or gain a valuable income from your investment. If you’d like to subscribe to our monthly newsletter, please send an email with the word ‘subscribe’ in the subject field to: firstname.lastname@example.org
If you’re looking to invest now or to sell your existing Algarve Property with an Agent who truly understands the local market, contact us today.
Ana and Robert.