Overseas investment is becoming increasingly trendy, which is why an Algarve investment opportunity in Portugal may be something to consider.
There are many places around the world that are offering a great profitable return but for a lot of investors, it remains pivotal that understanding investment opportunities are a key priority. This helps buyers in the real estate market to predict future forecasts in countries that they’re keen on investing in.
Portugal is a beautiful, idyllic country that has always been wanted as a place of investment. It is a popular holiday destination for people from all over the world, as the country offers scorching sun, flawless beaches and a relaxing lifestyle, way beyond anyone’s imagination.
Investors look at Portugal as a major location as it has a strong real estate market and high rental yields. This comes at a time when Portugal has witnessed slower growth rates within their real estate market, but they have held on to their appeal as a second home/retirement home location as well as offering a safe and secure economic climate.
There have been many new development acquisitions recently, which is now a popular movement across many parts of the Algarve. Investors can expect and enjoy a 10% return yearly, especially for those who plan to invest in locations close by to golf resorts.
The Buy-to-let scheme seems very favourable as it provides reliable rental income from golf as well as beachside properties. Portugal undoubtedly has a lot to offer – they have an abundance of direct flights from the UK and Europe, so the accessibility factor is no issue. This helps to increase potential investment yields as well as reminding those involved in the continuous success in the Portuguese property market.
In Portugal, they offer a reasonably low cost of living lifestyle too, complimented with an exceptional quality of life, warm weather, stunning beaches and a welcoming environment – all of these factors have contributed to the success of Portugal’s property market.
So, if investing in Portugal is something you’re thinking about, then perhaps this article can help to explain what the current situation is within the real estate industry in Portugal. With so many benefits to invest in Portugal, it makes it simply hard to resist.
Algarve investment opportunities are on the horizon for you.
Written by Gemma Smith