Top 10 Reasons to Buy in Portugal Now!

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Read about the real estate market in the Algarve, Lisbon and Portugal. As the leading estate agents on the Algarve and in Portugal we can help you find property for sale in Portugal and find a mortgage.

March 27, 2015

We have put together some of the reasons that buyers are currently so keen to purchase property in Portugal!

1,The Sunshine

How could anyone not want to experience over 300 days of sunshine per year. Maybe enjoying the rays by taking a relaxing holiday on the beach with the cooling breeze in the summer or playing a round of golf in the winter sun. Whatever your preference it is always better in the sunshine.

The maximum recorded temperatures in the Algarve fluctuate between 25 °C (77 °F) in winter and 48 °C (118 °F) in summer, with the temperature almost never falling below zero in the winter months.

2,Easy Travelling

One of the easiest and cheapest places to travel to from the UK and Ireland. You can choose form over 90 flights each day, in high season, to travel to Portugal. Getting to Faro from the UK and Ireland is getting easier and easier with all the main low cost and national airlines offering a wide choice of flights from 20 different airports.

Whether it be spending a last minute weekend away or a long term vacation in your own holiday home, it is now cost efficient and easy.

3,Low Prices for High Quality Properties

Property prices in Portugal are still way below their peak, and with the euro at an eight-year low against the pound, substantial savings are making right now the perfect time to invest in that second home.

In the Algarve you can always expect to find quality developments like this one.

Porto de Mos Beach Apartments now for sale, built by a long established construction company. The developer of this project has an outstanding portfolio of high excellence work. Past apartments have proven to be an exceptional and in demand choice for buyers.

4,High Rental Returns

Compared to the rest of Europe, expected gross rental yields in Portugal are amongst the highest. As high as 14% is achievable, this is helped by the extended season thanks to the quantity of high standard Golf courses scattered from East to west.

When the families move out, the Golfers move in.

5,Great Tax Advantages

Portugal is also one of the best countries for buying a house, because it has clear and transparent tax rules. Recently a new incentive for retired expats who spend all or part of the year in Portugal is that they are free of any income tax.

There is also no inheritance tax on your property when inherited by your family.

6,Beautiful Beaches

Boasting some of the cleanest and most scenic beaches in Southern Europe, one of the Algarve’s star attractions is without doubt the stunning coastline. Long expanses of soft, golden sand, secluded coves backed by ochre cliffs and topped by vibrant green pines. Each beach is a gem waiting to be discovered, each with it’s own unique charm. Explore some of these fabulous sands and see for yourself why the Algarve is consistently on the list of best beach destinations in the world.

A great way to see the coastline is from a boat, local Fisherman will take you right into the caves and to the secluded beaches that can only be explored by sea. He will even fish for Mackerel for you, so you can end your day of exploring with an evening BBQ of Fresh from the sea fish.

7,Super Cuisine

Eating out in Portugal is always a pleasure, restaurants serving traditional food and local wine are easy to find. Fresh fish on the grill, simple but tasty, every town has its own all you can eat fish restaurant at remarkable prices. Or why not try dishes that Grandma used to make such as Cataplana, Bacalhau or Pork and Clams, washed down with a Portuguese Green Wine.

Whatever your tastes you will always feel welcome wherever you decide to dine.

8,Award winning Golf Courses

For sheer quality and variety, golf in Portugal is hard to beat. Its the perfect combination of great year-round weather and award winning courses, that makes Golf enthusiasts choose to buy a property in Portugal.

You are never far from a good golf course in Portugal.

9,Low Cost of Living

The cost of living in Portugal is about 40% cheaper than the UK. Eating out is not a luxury its a way of life. Your money seems to go much further, giving you cash in your pocket for the good things in life rather than the necessities.

80 cents for a beer in the sunshine!

10,A Safe Place to Buy a Property

Buying property in Portugal is very safe as long as you work with a certified estate Agency like Ideal Homes. The bureaucracy in Portugal can sometimes become an annoyance but it is what makes purchasing in Portugal so safe. Every i is dotted and every t is crossed. Properties in Portugal are freehold, making your purchase solely yours. The process to buy a property is geared towards the buyer and is a simple worry free process.