With the outbreak of the COVID-19 virus and subsequent economic fallout we are revising our already cautious annual outlook for resale property in the Algarve for 2020. As a result we expect a sharp drop in transaction volume of existing home sales and significant downside to property prices.
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In our 3rd week of lockdown, but life goes on! This photo was taken at around midday on April 3rd, with glorious sunshine and the temperature in the early 20’s C. But of course, Carvoeiro beach is empty and this is not only because there are no tourists in the Algarve at the moment. Part of the latest lockdown measures mean that access to beaches, boardwalks and other places that attract public gatherings is strictly prohibited.
"When life gives you lemons, make lemonade." A worldwide phrase used to encourage optimism and positivity in the face of adversity, and with everything that is going on at the moment it has never felt more appropriate. So, here at Ideal Homes we're bringing you the lemonade in the form of our latest reduced properties across the Algarve.
At Exclusive Algarve Villas we’re like most of the world in the ‘corona virus lock down’ with the difference that we’re enjoying the great sunny weather the Algarve has to offer us. After a few super busy years we have time to catch up on work and to make improvements to our business.
This month's selection of new listings and interesting properties for you from each of the areas we cover: Silves, Lagoa, Alvor, Lagos and west Algarve.
This is an incredible opportunity to purchase a substantial country estate with approved project consent to develop a thirteen-bedroom aparthotel with pool, gardens and underground car parking. Currently comprising of a large, five-bedroom traditional Quinta, this superb 70,000m2 countryside estate offers rustic accommodation for a large family.
This stunning, spacious villa offers well-appointed accommodation for a large family or as a potential holiday rental / second home. Located in a residential neighbourhood within ten minutes walk of the beach, this luxury home is both convenient and practical. Situated on a slightly elevated and walled plot, this property is surrounded by mature, lawned gardens and boasts a lovely swimming pool, large shaded terraces and BBQ area.
Welcome to another month and our latest selection of the hottest properties in Portugal right now! February is the month of love and at Ideal Homes we enjoyed matchmaking our clients with their perfect property and we know that we can do the same for you!
