7 Reasons to Buy a Property in the Algarve in Portugal with Ideal Homes

Real Estate

(Spin Digit Editorial):- Quarteira, Algarve Mar 16, 2021 (Issuewire.com) – Ideal Homes is one of the largest privately-owned real estate companies in Europe offering properties for sale in Portugal, Algarve, and Lisbon. The company, established in 2021, has become one of the leading real estate services in the Algarve region through its expertise and experience in the relevant market catering to the international property sector across the globe. If you are looking to buy, rent, or mortgage a property in Algarve, Portugal through Ideal Homes’ guidance, there are several reasons to invest with flourishing prospects.

Nature at Its Best- Algarve is tropical and sunny that attracts various international homeowners. The balmy climate, beach resorts, leisure social structure, and the laid-backness of the people make foreign investors come back to the place time and again. Central Algarve is home to one of the highlights of the area, the Golden Triangle whereas Western Algarve is home to popular resorts such as Lagos and Carvoeiro. Eastern Algarve is a beautiful area with towns like Tavira and Olhao. Favorable mortgage rates and variable rates of less than 3% against a deposit of 30% typically for non-residents make for a convenient investment prospect.

More on Spindigit:

Golf Communities- Portugal’s endless lush lawns make it an ideal place for golfers from around the world. Penina in Portimao is the first golf course in Algarve that opened its doors to the public 50 years ago. Algarve is home to over 40 courses and is a hot spot as an international golf destination. There are various properties within these golf resorts that are lovely holiday homes for international investors. Golden Triangle in Algarve is home to three key resorts in the area hosting seven championship courses. The connectivity with the airport also adds to its convenience.

Holiday Market- Portugal is one of the booming markets for travelers which translates to a rise in the demand for accommodation. Algarve hosts consistent and moderate temperatures all around the year and hence, prospects of occupancy are also high. Since Portugal has a regulated rental market, the legal proceedings of owning or renting a house are easier and transparent. With quality control in the rental market and justifiable rental charges, the prospects are favorable.

Low Living Costs- Despite having lush, internationally-acclaimed golf courses, Algarve is also one of the most affordable places to live in. Portugal is the second cheapest holiday destination in Europe. Hence, one can maintain their lifestyles and also afford living spaces without burning a hole in their pocket.

Visa- Thousands of Americans are investing in Portugal and purchasing property for holiday rentals. Portugal, and particularly Algarve, has won a plethora of World Travel Awards; a whopping 23 this year alone. Americans can get up to 80% financing with interest rates as low as 1%. You can also make 20% ROI or more in the space of five years. Acting fast is the key as the sharpest of investors are diving in now as there has never been a better time to invest.

Safety- Portugal is the third safest country in the world and is fast becoming home to digital nomads, families looking for a fantastic place to raise their children, and also true adventurers looking for a new lifestyle.

Ideal Homes specializes in providing services for clients looking to purchase, rent, or mortgage in Algarve, Portugal. For more information, check out their portfolio at www.idealhomesinternational.com.

Media Contact

Ideal Homes International

[email protected]


Source :Ideal Homes International

This article was originally published by IssueWire. Read the original article here.