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Algarve Property Market Outlook for 2016, and review of 2015

Algarve Property Market Outlook for 2016, and review of 2015Every year in December we reflect on the past year and provide an outlook for the property market in the year ahead, 2016. As expected, trading conditions for real estate have improved over the past 12 months.

Looking back we can say that the market bottomed out in 2013/2014. During this period transaction volume steadily increased but property prices remained weak for most of this period.

However by the end of 2014 we saw some price improvement which continued more broadly in 2015 making this the first time in 6 years that vendors started to benefit from the recovery too.

10 years on, the overseas property market resets itself

10 years on, the overseas property market resets itselfOver the past decade, the landscape of the overseas property market has changed vastly. Property entrepreneur and Founding Director of Ideal Homes Portugal and Ideal Homes International Chris White has been selling property through the good times and the bad. After a turbulent 10 years, he believes the overseas property market has finally reset itself - and that now is the time to look to the future.

December Properties from Exclusive Algarve Villas

December Properties from Exclusive Algarve VillasExclusive Algarve VIllas, the Algarve's award winning luxury real estate agent brings you 5 beautiful properties for sale this festive season.

For more information about these, or any other of our properties, please contact us on +351 282 353 019, or email info@exclusivealgarvevillas.com.

Who is buying international property where?

villaEvery overseas property professional wants to know where the real estate hotspots are around the world, so the Rightmove guide, Who’s Buying Property Where? for 2015/16 makes fascinating reading.

In addition, investor demand is rising significantly, with Rightmove seeing overseas inquiries rise by half over the last year.

Experts agree - Portugal's property market is booming once more

Experts agree - Portugal's property market is booming once moreThe recently released September 2015 RICS/Ci Portuguese Housing Market Survey (PHMS) has revealed a swiftly moving market, with sale indicators pointing to the fastest level of monthly growth in sales volumes since they survey began in 2010. A sustained rise in demand has led to an acceleration in prices, with the market seriously gathering momentum.

A million pound property at less than half price!

4 bedroom villa with private pool and separate 1 bedroom Apartment suite

This spacious 4 bedroom villa offers a wealth of financial opportunities. With private pool and separate 1 bedroom Apartment suite it is set in large mature landscaped gardens, in a tranquil area just 5 minutes drive from the coastal town of Alvor.
As it is, it makes a beautiful home with seperate 1 bedroom annexe for visitors. Alternatively, you could use the annexe as a home office, or rent it out, either long term or as a holiday let, because it has it's own front door, bathroom, living room and kitchen!

What's more the property comes as two plots, current.y used as one huge garden. This is the perfect place to build another property next door, designed to your exact specifications, with the option to either sell it, or rent it. Either way, a wonderful investment  opportunity at €595,000, the equivalent of just £425,000.

Clean and healthy living overseas - the healthiest holiday homes around the world

Clean and healthy living overseas - the healthiest holiday homes around the worldA recent air pollution survey conducted by Airport Parking and Hotels warned that many popular holiday destinations may be harmful to visitors' health due to the quality of their air. Dubai's air quality ranking, based on data gathered during October 2015, was considered 'very unhealthy,' while Beijing was considered 'hazardous.' Indeed, according to a study by Berkeley Earth, every hour of exposure to air pollution in Beijing can reduce an individual's life expectancy by 20 minutes. Globally, air pollution kills more than 3 million people every year and the World Health Organization (WHO) has stated that just 12% of the world's population is living in cities with clean air.

New Masterplan brings golden buying opportunities to the Algarve

Portugal buying GuideHuge development plans are set to transform Vilamoura into one of the world’s leading tourist residential resorts and attract more international investment to Portugal’s Algarve, including Golden Visa applicants, say PortugalBuyingGuide.com.

The €1 billion masterplan, overseen by Vilamoura World, was announced last month and includes 18 new projects, combining property, leisure and retail units, in total covering a staggering 400 hectares,” says Marina Pasquill, who runs PortugalBuyingGuide.com’s office at Vilamoura Marina.