Real estate investment in the Algarve in 2022!

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The Algarve was in the spotlight last year as property investors sought out the best investment opportunities and we have no doubt that 2022 will continue to see increased demand for properties from discerning buyers. The choice of property largely depends on the financial strength of the investor as well as the purpose of the purchase.

Blessed with an exceptional climate, superb beaches and picture-perfect towns, the region remains popular with holidaymakers and property buyers.

Ideal Homes Portugal sold over 320 properties in 2021 and will continue to help property buyers around the world find their ideal property.

To help you narrow down your search for the ideal property, Ideal Homes highlights 5 of the most popular areas to buy property.

Lagos, West Algarve

Currently a hotspot for investors. This historic area, rich in detail and fascinating stories, is for beach lovers, golf fanatics and history buffs. With its history steeped in seafaring and naval exploration, Lagos is still a thriving fishing industry with a beautiful marina area.

One of the most popular property choices in the area is located in the Santa Maria 2 development. A two bedroom apartment in the condominium is currently on the market for €455,000. With luxury finishes throughout and close to the marina, this apartment is a great investment option that will generate lucrative rental income.

Albufeira, central Algarve

It is the largest tourist resort in the Algarve. Popular with tourists all year round due to the wide variety of things to do, it is also popular with expats moving to the Algarve, as much of the town’s population is non-Portuguese.

Known for its beautiful beaches, old town and golf courses, Albufeira truly has something for everyone.

An excellent choice of investment in the area are the new two and three bedroom apartments located in the contemporary condominium “Beach Garden Albufeira”. There will be a total of eighteen apartments overlooking the Atlantic Ocean, which you can enjoy from the comfort of your own balcony or you can head out to the rooftop terrace and savor a glorious sunrise/sunset.

Prices currently fluctuate between €395,000 and €640,000

Vilamoura, central Algarve

It is the largest private sports and tourist resort in Europe. There is an award winning marina and it is a golfer’s paradise with 6 championship standard courses.

There are 2 beaches in Vilamoura, one on either side of the marina, Vilamoura beach leads to Quarteira which is a 15 minute walk away and Falesia beach which is backed by red sandstone cliffs goes to Açoteias and is a walk of about an hour and a half.

Currently on the market at €550,000 is a stunning 2 bedroom apartment opposite the award winning Marina. Located at the Olympus Hotel with 360 degree views over Vilamoura, the marina and the hills.

Within walking distance and close to all amenities, the Casino and the superb beaches of Vilamoura. This apartment is located in a very popular and lively area and is ideal for generating lucrative rental income. If you have chosen to buy as a vacation home or even move into

Fuseta. Eastern Algarve

This charming little fishing village is located just east of Faro. It is a traditional town with a fish market and a local produce market right next to the quay. Fuseta beach is formed by a cove in the nature reserve. There is also the island of Fuseta which is accessible by water taxi and has a beautiful long ocean beach.

A new investment opportunity are these three bedroom townhouses located in the private Bella Vista condominium. They each come with their own individual pools, large terraces and fantastic views of the Ria Formosa.

There are ten townhouses and are an excellent rental investment opportunity in the Algarve if you want to generate income through holiday rentals and are in the market at €450,000.

Tavira, East Algarve

It is a very popular holiday destination that combines beautiful beaches and traditional Portuguese culture. Considered one of the most beautiful towns in the Algarve, you will find a unique blend of traditional architecture with Moorish influences. This historic town with its picturesque squares and cobbled streets has everything you could want for a great vacation.

“Portas do Sul” is a new investment in the area and offers a variety of one, two and three bedroom apartments for sale. There are a total of 20 apartments available. Construction is expected to be completed in May 2022 just in time for summer 2022.

Prices currently fluctuate between €210,000 and €400,000

Ideal Homes offers a variety of services, including a house broker if you need help with financing your property and with all your property and rental management requirements.

Contact Ideal Homes Portugal on [email protected] or call them on +351 289 513 434.