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A surge in US buyers is driving up property prices in the Algarve, where demand is outpacing supply in a market once dominated by British buyers.
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Claiming nearly a quarter of Portugal's luxury real estate market, the Algarve is a top destination for high-end buyers.
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Following the U-turn on tax breaks for overseas residents, the new government now has its sights on reversing Alojamento Local (AL) restrictions.
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Summer in the Algarve is synonymous with sun-soaked days, warm evenings, and an exciting array of festivals that celebrate the region's rich culture, history, and love for music.
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The number of house sales may have dropped in 2023, but property prices in Portugal are now surpassing global averages.
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- Mature and experienced team
- Successfully selling properties since 2003
- Weekly newsletter circulated to a large database of prospective buyers
- Proactive marketing, both national and international, including partnerships with leading real estate agencies e.g. Winkworth in the UK, listings on international and national property portals along with online and traditional advertising
- Sophisticated technology platform enabling a fast response to buyer enquiries and synchronisation of property listings with online portals
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