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Surge In Interest - International Property Buyer Enquiries Up 30%

Surge In Interest - International Property Buyer Enquiries Up 30%At Fine & Country Algarve we have seen a strong surge in buyer interest from all of our key markets with May enquiries up by more than 30% compared to May last year. Overall, since the beginning of the Covid-19 pandemic we have registered an increase in demand and it seems to us that the desire to invest in Algarve property is stronger than ever.

Coronavirus Impact on the Algarve Housing Market

Coronavirus Impact on the Algarve Housing MarketMany people are wondering what has happened to the housing market in the Algarve during these extraordinary times effecting the whole World. Whether the property prices are dropping, or interest from buyers is decreasing and if contracts are not completing.

Surge in user traffic from European countries suggests interest for holiday making, according to Imovirtual

Surge in user traffic from European countries suggests interest for holiday making, according to ImovirtualPortugal started to ease lockdown measures from Monday 4th May with a three phase plan to reopen the country’s economy. Joao Fernandez, the Head of Algarve Regional Tourism Board predicts that international interest will resume as of mid June; visitors from both inside and outside of Portugal will seek a getaway once restrictions are lessened across Portugal’s popular tourist destinations. Beaches are set to open in June with health regulations in place to ensure visitor safety is paramount and with the Algarve experiencing little effects from the Coronavirus, this places the region in an ideal position to slowly open its economic and social activities.

Fine & Country Get Back To Business (not quite) As Usual

Fine & Country Get Back To Business (not quite) As UsualPortugal has begun a partial relaxation of lockdown regulations from Monday May 4th, with many businesses allowed to return to operation along with outdoor activities such as golf, tennis and surfing. There will be a gradual return to a new state of normality with hygiene and distancing measures in place whilst all of us adapt to the new reality of living and working with the threat of the Coronavirus for the months ahead.

Exclusive Algarve Villas - April 2020 Newsletter

Exclusive Algarve Villas - April 2020 NewsletterWelcome to our April newsletter! With businesses in lock down (locally we’re now at 2 months), we can see some light at the end of the tunnel with various countries in Europe slowly opening up for business again.

In Portugal, the official lock down is announced until the 2nd of May, and afterwards, measurements have been put in place so that businesses can start reopening sector by sector every 15 days.

Coronavirus – A turning point or a pause for breath? A view from Cerro Novo Estate Agents in Albufeira

Coronavirus – A turning point or a pause for breath? A view from Cerro Novo Estate Agents in AlbufeiraStuck at home or safe at home? Stagnation or peace and quiet? Distant or connected? The way that each of has reacted to the Coronavirus crisis is potentially shaping our ‘new normal world’ before our very eyes.
Families and friends are reconnecting in the virtual world. Time spent commuting is being repurposed into productive thinking space, and teams across the world are reaching out to customers to refocus on business relationships and overcome economic challenges.

House price growth rises to 12% in March 2020 compared to the same period of the previous year

House price growth rises to 12% in March 2020 compared to the same period of the previous yearIn Portugal, the average announced sale price rose from 316.629 € in March 2019 to 354.757 € in the same period of 2020 (12%). As for the average announced rental price, it has decreased 8% from 1.349 € to 1.243 € in March of the current year.

Since the beginning of the year 2020, there has been a gradual upward trend in the average prices announced in the rental segment, particularly in March. In the sales segment, the average prices announced have been increasing since September 2019 until now, however, in March 2020 there was a slowdown in this growth.

Limited Time Offer - Great Reductions and Special Extras!

Limited Time Offer - Great Reductions and Special Extras!A brand new, private condominium situated in a privileged location in the centre of Lagos, Southern Portugal, and just a short walk from an award winning marina. Excellent construction quality, modern architecture and exceptional solar exposition. Each unit will be completed with luxury finishes along with thermal and acoustic insulation.