Time zone: GMT
A Bit of Background
Tavira is a city and municipality in the east of the Algarve, with approximately 25,000 inhabitants. The city has many 18th century buildings. A Roman bridge links the two parts of the town across the River Gilão.
There are beautiful beaches to be found here by visitors and Tavira island is a stunning hotspot to visit. For history and culture lovers, the town of Tavira is also no disappointment: it contains no fewer than 32 churches.
The church of Santa Maria do Castelo, built on the site of a Moorish mosque, holds the tomb of Dom Paio Peres Correia. The church dates from the 13th century and the tower has been remodeled from the original Muslim minaret.
Tavira is better value for money as a prospect, because it is removed from the saturated, central areas of the Algarve. The surrounding area is still fairly rural, but this is now changing due to the demands of the tourist industry and golf courses opening in the vicinity. As Tavira changes to meet demand its prices will increase, which makes now a perfect time to get to grips with the basics of buying property in this crucial area of the Algarve.
“With all its waterways and architecture, Tavira is very much the Venice of the Algarve.”
The Algarve’s main airport is Faro. This is the best place to start because Tavira’s other transport links all run from Faro. Flights to Faro are operated by all major airlines, with the most popular routes coming from the UK’s London, Dublin and Manchester airports.
TrainsOnce you’ve landed, the fastest route to Tavira is by train. There are services running seven times a day and the whole journey will take just over half an hour.
AutomobilesBuses run from Faro to Tavira at the same frequency as trains, but take an hour to complete the journey. Taxis are an option, but the distance makes them a little expensive, so should only be considered as a fall-back. Renting a car may be the best option, purely because it allows for the most scenic experience and a rented car will be useful for getting around Tavira itself.
With the UK expressing the most interest in property in and around Tavira, it is becomes clear that this is a demand area for investors and holiday home hunters because of its up-and-coming nature. Being far removed from the more popular areas of the Algarve creates not only a hefty relative drop in property prices but also a more authentic Portuguese holiday locale, which is sure to appeal to tourism-focused buyers.
Another good indication of Tavira’s authenticity is that fact that the area’s second most popular interest demographic are form Portugal; it makes sense that an area offering value-for-money and authenticity appeals domestically.
The next biggest sources of interest are the USA, Canada and Ireland. Investors from these countries tend to follow the habits of those in the UK and Tavira is becoming more accommodating to holiday-makers, while the strong dollar means that second homes and holiday flats are attractive to US investors as an alternative to lifestyle destinations such as South America.
Where to Buy
Popular hotspots in Tavira include: Santa Catarina Da Fonte Do Bispo, Santa Catarina, Luz, Ribeirinha, Luz De Tavira, Pinheiro
Useful Words to Learn
Imposto de Selo Stamp Duty
Valor Patrimonial Tributario Taxable value
Associacao de Mediadores Imobiliarios Association of Estate Mediators