Are you considering buying a luxury Algarve villa like this in 2018? If the answer is yes, you’ll be pleased to know there’s every reason to do so.
2017 has seen the world wake up to the delights of Portugal. Since Lonely Planet revealed its top 10 countries to visit in 2018 – with Portugal at number 3 – publications from Le Parisien to The Daily Telegraph have made Portugal their favourite destination for summer holidays, city breaks and property investments alike.
In our roundup of Portugal-related property news from around the globe, the Winkworth Portugal property experts particularly like this blog from Well+Good, a New York wellness site that details the many health benefits of moving to Portugal. We couldn’t agree more.
With no less than 7 Michelin stars awarded this year, Portugal has a fast growing reputation for gastronomy. It’s a similar picture across the country’s wine producing regions too. Winkworth International’s David King says these factors are recognised by a shape shifting demographic of international property buyers, to whom culinary excellence is important. “European buyers, particularly buyers from France, are fuelling the demand for exceptional holiday properties in the Algarve. Here, they can enjoy la bonne vie just as readily as they could in traditional South of France holiday destinations.”
Other deal breakers are – in a European climate of financial uncertainty – property for sale in the Algarve remains affordable, property tax low and living costs competitive. The natural beauty for which the Algarve’s beaches are famous, together with the hospitality of its people, its championship golf courses and fascinating coastal cities is also irresistible.
Having sold properties around the world for many years, Winkworth International provide an expert and trustworthy service to sellers of all nationalities. In the Algarve we specialise in the classic white, bougainvillea clad villa, along with a growing portfolio of contemporary holiday properties, designed for a new generation of investors.
Throughout 2017, we wrote extensively about property in the Algarve. To keep up with all the Portugal property news and insights in 2018, why not sign up for our newsletter? Happy New year!