We count down to the UK referendum on remaining in the European Union with a tour of properties in our favourite countries on the continent.
This week, we take a look at Portugal. Arguably one of Europe’s biggest property destinations, Portugal’s Algarve region is an area that sees constant demand for property from all over the world. But this sun-drenched nation is seeing more diversity from investors with 2,000 property sales in the city of Lisbon last year. Both commercial and individual investors are sure to find success here, thanks to a strong tourism industry and favourable climate.
1. Portimao, Faro – 3 Bed Villa
Asking Price: £352,971
This very well maintained, bungalow-style villa is a great example of the kind of property to be found in the Faro region. It’s located in a very tranquil area and all kinds of fruit trees surround the property and add to the serenity of the area. You only have to go 10 km to the nearest beach, 16 km to Lagos and 7 km to Mexilhoeiro Grande. It is big enough that it could be separated into two residences to maximise rental returns.
2. Ferragudo, Lagoa – 3 Bed Apartment
Asking Price: £388,268
An excellent three bedroom duplex apartment, it’s part of a luxury development, close to Praia Grande in Ferragudo. Built from high quality materials, this apartment consists of a fully equipped, open kitchen and a combined dining and living room with access to a large covered terrace. The apartment overlooks the heated communal swimming pool.
3. Porches, Lagoa – 4 Bed Villa
Asking Price: £391,798
It’s property perfection with this excellent villa in a quiet and privileged area in Porches. It has spectacular sea views and is only a short walk from the beach, the supermarket and other shopping areas. The property is made up of three bedrooms (one suite that serves as an office), a living room, dining room and a bathroom.
4. Carvoeiro, Lagoa – 6 Bed Villa
Asking Price: £980,475
Here’s a spectacular four bedroom villa close to Benagil, Lagoa city. It has excellent privacy and fantastic sea views as well as being close to many beaches, golf courses, the city of Carvoeiro and supermarkets. The ground floor features an entrance hall, living room, dining room, equipped kitchen, two bedrooms and two bathrooms. The first floor houses two bedrooms with en suites. In addition, there is an outdoor swimming pool, bar, large terraces, a beautiful garden and an annex with two bedrooms, bathroom, equipped kitchen and living room. This is the ideal holiday villa.
5. Silves, Faro – 4 Bed Villa
Asking Price: £1,176,570
This newly completed four bedroom hillside villa is perfectly situated in an amazingly peaceful location, with private swimming pool, gym or cinema and spectacular, far-reaching views across the valleys to Silves and Portimao.
6. Lagos, Faro – 4 Bed Villa
Asking Price: £1,317,758
This villa was completely rebuilt in 2007, to much higher standards than before. Those with green fingers will love it, not only because of its beautiful landscaped garden, but also because said garden is equipped with automatic sprinklers! The house consists of four suites and features tonnes of luxury amenities.