The center and largest of the 3 car parks by MacDonald's was suddenly sealed off without warning. Rumours abound as to what is happening... from a paid car park to a shopping complex. Interestingly the mandatory information board required in Portugal showing the license number for any construction project and the duration etc. are no where to be seen.
Properties definitely appear to be selling at the faster rate we have seen since before the crash in 2008, so does that mean the price of real estate in the Algarve will start to go up as well?
I'm afraid that I don’t think so, but what we have seen over the last few years is two things; firstly we saw prices drop from unrealistic levels to levels that are more achievable and sustainable.
his weeks' sunny selection showcases the best homes in the Lagos region of Portugal. Located on the South coast, Lagos is not only a beautiful town full of things to do and stunning beaches, but is also steeped in heritage. Featuring a spacious apartment with excellent sea views in the center of Praia da Luz, a lovely recently renovated villa with sunny balcony, plus more.
Well, the French Revolution is still taking place here in the Algarve, since the start of the New Year over 70% of our clients have been French. But why have the French suddenly decided that the Algarve is such a great place to live? And why is it that Lagos specifically has such a wide appeal to the French?
Every year the AIPP (Associate Member of the Association of International Property Professionals) produces its annual consumer guide - 'How to Buy Overseas Property Safely 2014', with the aim of providing you with invaluable advice to guide you through the process of buying a property abroad.
The AIPP does not sell property but is an industry body established to help people to buy safely.
This year is going to be an interesting one for many global property markets with many expecting a rise in sales and prices.
It is interesting to look at the figures in the latest Fitch Ratings global housing report as an indicator of what lies ahead. Indeed, for all 17 countries in the report, the mortgage and housing market outlook has either improved or remained broadly the same compared to 12 months ago.
Although having said that, social media is becoming an integral part of our marketing and in fact supplements all of the media marketing we do.
- Lenders now “stress testing” home buyers across Europe
- Central Algarve properties For Sale
- 2014 property shock - Algarve property prices are now lower than bank valuations
- 6 Picturesque Portuguese Properties
- Is the 'London Property Bubble' about to pop?
- UK rental market expected to be strong in 2014
- Six Portuguese Homes close to the beach
- Vale do Lobo voted ‘Best Golf Resort in Portugal’