Some things are always in demand
The Algarve has always been one of the most in-demand destinations for
UK tourists. A wonderful climate, good food, sensational beaches and golf
courses and all just a few hours from most local airports. It's little surprise
that, even in the current financial climate, visitors continue to select the
region as their ideal holiday destination.
And with the recession perhaps more likely to impact on expensive, longhaul
holidays, there is a growing expectation that the demand for
vacations closer to home will become even stronger.
Against that background, it is of less surprise, therefore, that prices in the
Algarve have held relatively firm over the past 18 months. Portugal has
never been a "get-rich-quick" property market. Property prices have
shown consistent, not meteoric, growth over the past 20 years. By the
same token, however, they have not crashed in the way we have seen in
some of the "fad" countries either.
Instead, Portugal continues to offer the prospects for attractive, steady
growth.
And with the likelihood that even more tourists will choose tried and
tested destinations for their holidays in the future, those prospects can
only get brighter. But what makes this REALLY special?
Well, not only does Portugal offer the ability to benefit from stable,
sustainable property price growth, don't forget that, thanks to the
discounts we have negotiated exclusively for TSG members, you are
already off to a flying start by buying well below current valuation.
And with golf resorts enjoying a near 12 month rental season, there will be
fantastic opportunity for rental income as well!!
So, great prospects for investment and you get to enjoy it yourself. What could possibly stop you?
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