- Algarve property for sale
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approximately 100 miles across Portugal’s southern coast, the
Algarve is the country’s Blue Riband destination. It enjoys over
300 days of sunshine annually, low rainfall and temperatures that reach
a manageable 35C in summer and generally not less than a bearable 16C
in winter. Unsurprisingly, it’s home to a cosmopolitan bunch of
northern European “snow birds”, tempted south in search
of winter sun and more golf courses than you can shake a stick at.
central Algarve is golf nirvana. There are a dozen or so courses from
which to choose – including Vale Do Lobo, Vilamoura and Vila Sol
– on each of which it’s possible to buy and apartment or
villa. Prices range from around the £200,000 mark for a one-bedroom
apartment on a golf development, rising to £1 million and more
for a villa, be that a “self” built one having first purchased
a plot, or buying a new one off-plan, or even a resale.
properties tend to be easier to find than re-sale
properties, which often sell exceptionally quickly. The trouble
is that even new properties are usually sold before a development is
completed, meaning high prices. Most Britons prefer to buy on high-profile
golf resorts such as Vale do Lobo and Quinta do Lago, which make excellent
buy-to-let purchases. A small apartment elsewhere on the Algarve will
set you back around £80,000 to £100,000.
on the central Algarve worth having a look at if your
budget is limited include Albufeira, situated around a 40-minute drive
from Faro International airport. Home to a pretty town centre that leads
down to an attractive beach through a dramatic cliff face, it is, to
be honest, a little overwhelmed by British tourists in high season,
but you can’t cock a snoot at the prices.
is a long-established haunt for holidaymakers from the UK, and with
over 300 days of sunshine a year, it’s a reliable best for a zap
of weekend sunshine. Although there’s a taste of old Portugal
in the narrow streets that weave down to the main square on the old
part of town, tourism has a firm grip on the resort, bringing an array
of European-style bars and restaurants concentrated in the Arelas de
Sao Joao. During the summer months tourists flock to the area for the
golf, blue-flag beaches (more than anywhere else in the Algarve) and
temperatures that can hit 31C in the hottest months of July and August.
Ski Property | TheMoveChannel.com
half of the golfers that come to this nirvana of greens are Brits, with
three main golfing centres offering spectacular courses: Salagados Golf
Course, Pine Cliffs and Balaia Golf Village. Although a popular holiday
spot, property price rises have been modest over the past year. While
it doesn’t promise the huge returns in capital growth that some
of the emerging markets do, Portugal has a strong rental sector due
to the small army of Brits that holiday in the Algarve each year.
the other direction, westwards – reached in an hour or so from
Faro Airport thanks to the completion of the motorway network –
is the significant town of Lagos. The largest city of note on the western
Algarve, it has a strong seafaring heritage and grew rich in
the 17th and 18th centuries on the treasures brought back from the “new
found lands” in the east. Today, buying a property there
need not break the bank – property for sale around
€100,000 (£69,000) will buy a studio or one-bedroom apartment
in one of several developments.