With the end of the year fast approaching, the Algarve has enjoyed a very good and strong year in terms of tourism and real estate sales. Buyers have not just come from the traditional markets like the UK+EU, but has also seen a strong influence from Asia and the Middle East.
We have seen a massive amount of ‘standing stock’ i.e. villas which have been on the market for a few years, now being sold, and we have also seen buyers bidding against each other to purchase a property.
Statistics have confirmed this, and also suggest we have turned the corner and that the market for villa sales in the Algarve is on the way up again. This, combined with buyers coming from non-traditinional markets, it’s safe to say that most agents in the Algarve will have had a good and strong year of sales in 2013.
With markets recovering worldwide and buyers returning to the market, the expectations for 2014 are positive……………finally !
We ourselves, have seen a lot of prime location villas with sea views being sold, and also properties in golf resorts have enjoyed a healthy boost. With vendors becoming less flexible and some putting prices back up, we feel it’s definitely a good time to get into the game now.
If you are still looking to get a good deal on a property in the Algarve, Lisbon or Silvercoast, don’t delay and call us today! We can do a property search for you and still negotiate a good deal for you before it´s too late!
Also, take a look at our, www.BuyPropertyPortugal.com which has been renewed and has plenty to offer in the most important areas of Portugal.
Please remember that not ALL of our properties are displayed on our website. For your personalised selection of properties, just contact us with your wish list. We do the rest!
Bart van Linden
W: www.ExclusiveAlgarveVillas.com
TM: +351 91 282 6969
T: +351 282 353 019
