With the Portuguese real estate market returning to form and property prices steadily rising across the country, there has never been a better time to invest.
Property prices here have remained consistently stable, especially in comparison to prices in other Southern European countries where a glut of properties have left supply out-stripping demand. In Portugal and the Algarve this has not been the case, and now that confidence has returned to the market, so too have buyers.
According to a new survey by Idealista, property prices in Portugal have risen by some 5.4% during the second quarter of 2016, in comparison to the same period during 2015.
The Algarve continues to be one of the most popular areas in Portugal for overseas buyers, with increasing numbers of French, Scandinavian and Belgian property buyers looking to invest in the region alongside the traditional buyers from the UK, Ireland and Germany.
Of course, not everyone is looking for somewhere to live full-time, which is why many are turning to Quarter Share.
An ideal option for those looking for a ‘lock up and leave’ solution, Quarter Share allows property owners the opportunity to enjoy their home for set periods but without the stress of managing the property the rest of the time, or incurring maintenance or housekeeping costs.
There are a limited number of Quarter Share properties available in the Algarve, with the only five star offering located at Vale d’Oliveiras Quinta Resort and Spa near Carvoeiro.
Many people have opted to take advantage of the benefits that come from purchasing a Quarter Share of this luxurious and relaxing resort’s one of the one and two bedroom townhouses. If you can spend only a few weeks a year in your holiday home, a quarter share property saves you the time, effort and expense of maintaining your property all year round, leaving you free to relax and focus on your holiday.
All purchase options allow full access to the resort’s facilities, housekeeping and maintenance, with the option to benefit from the Touristic Rental Agreement for those that don’t wish to use all their allocated time and instead achieve some income.
The resort is managed by Macdonald Hotels & Resorts, a UK based Hospitality Company with many years’ experience in this sector that currently runs 800 holiday homes in 10 luxury European resorts.
At Vale d’Oliveiras you can indulge yourself in 5 star facilities including the spacious open-air swimming pool and terrace, The Olive Tree restaurant and Olive Bar, the tropical poolside Jasmin Bar and the renowned Lisvaÿa Spa, which offers a steam room and a large range of massage and beauty treatments. The Health Club features a fitness room, heated indoor pool, jacuzzi and sauna, whilst the Kids Park includes an outdoor playground and activities program.
If you’re looking for a flexible option, there has never been a better time to invest in this property solution made to suit you.
Contacts:
W: www.valedoliveirasresort.com
E: realestate@valedoliveiras.pt
T: +351 282 380 560