Algarve Properties For Sale

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'Fonte Santa' Cacella €495,000

4 bed villa in the heart of the Eastern Algarve.
Learn more..		 Cacella

Ribeiro Do Alamo €395,000

3 bed villas just minutes from Altura beach Eastern Algarve.
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Bella Vista €650,000

4 bed villa project with sea views near Tavira Eastern Algarve.
Learn more..		 Bella Vista

Cerro Azul Villa €450,000

4 bed Villa, own private pool,  near the village of Moncarapacho Eastern Algarve.
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Vista Elite €595,000

4 bed villa with private pool, near the village of Moncarapacho Eastern Algarve.
Learn more..		 Vista Elte

Aldea Nova €350,000

3 bed townhouse, incorporating a separate, self-contained 2 bed apartment. Eastern Algarve.
Learn more..		 Vista Elte

 

 

Guide to buying in the algarve

Although the Algarve has not suffered from over development or speculation, in today's economic climate ivernico for cash-flow reasons in a "must-sell-one" position.

If you are ready to move quickly, contact us today to discuss this property

Services that we have in place

We have put together a choice of independent Lawyers Banks and Mortgage Brokers.

Funding

If you choose to secure a mortgage in Portugal the lenders ensure that legal checks are made on the property title and that a valuation is taken.

These appropriate due diligence checks offer the client a confidence in the value of the property they intend to purchase.

Instructing a Lawyer

It is highly recommended that you use a Portuguese property lawyer to assist with the purchase of a property in Portugal.

Lawyers here undertake the work usually carried out by solicitors in the UK. They will check that all of the relevant documentation is in place, carry out all of the relevant searches, and also check that there are no outstanding debts against the property.

You can give your lawyer a Power of Attorney to act in your absence, which will avoid the need for you to keep returning to the Algarve to deal any issues relating to the purchase of a property. We would be happy to introduce you to a choice of Lawyers that speak good English.

Property Surveys

If you are taking out a mortgage on the property, a valuation will be carried out by the mortgage lender. Every new build is accompanied by a 5 year builders’ guarantee.

Fractional Ownership

Detached villas are ideally suited to Fractional Ownership. Fractional Freehold Shared Ownership is simple and safe. You enjoy all the benefits of a luxury second home without the full capital outlay. Each partner has a Fractional Freehold ownership 2 or more people share the investment cost, the running cost and the usage of the property for one, two or three and up to Six Months in perpetuity.

We at ivernico advise groups to form their own legal structure of ownership either with a Solicitor of their home-country, or with the Portuguese Lawyer.

More & More of different age-groups or with different holiday requirements are opting for this style of ownership.

The combinations are endless. Young Parents who can only use the regular School Holiday times of the year, Active Retired people whose vacation criteria is not so restricted, and ‘Snow-Birds’ who come to the Algarve for the winter – thereby avoiding the harsher Northern European climate.

Benefit from the Credit Crunch.

The best time to get a property bargain is now!

Q Why is the Algarve property market strong? And in particular why Villas for Sale in the Eastern Algarve riding high with prices still increasing significantly?

A Demand exceeds supply! The Portuguese government has introduced strict building regulation laws - Because of this, the Algarve property market is rising steeply and will always retain its value as demand outstrips supply.

Yes! Those interested in buying Algarve Property are the greatest contributors to its popularity. 

  • It is the most popular region in Portugal but its property prices are cheaper than those in the most popular regions of Spain and France.

  • A solid Stable real estate market that is continuing to offer excellent investment returns.

  • The Algarve has a slightly more exotic charm to it than Spain for example. 

  • Everything from the 200kms of coastline, 3,000 hours of sunshine (which is more than Florida gets)

  • It has not experienced the over development and exploitation that Spain has. 

  • Low crime, absolutely no terrorism threat (unlike Spain or Florida for example),

  • Cheaper flights, Approx 2 hours from most Northern European Airports

  • A fast, toll and congestion free motorway (A22/IP1) has opened up the Eastern Algarve

  • Planners in Portugal have also been careful to protect the entire Algarve region from beachfront development thus retaining the stunning coastlines’ appeal It is prohibited to build closer than 500 meters to a beach and building above 4 stories is now almost entirely prohibited.

  • A very straight forward and regulated property buying process,

  • No corruption or organised crime (unlike some new investment countries)

  • In excess of 30 golf courses.

  • Buying in the Eastern Algarve for lifestyle is buying a solid long-term investment – one, which could (if desired) provide an income stream as well. 

  • Buying to let in the Eastern Algarve is a real value added bonus opportunity for many.

Dual season Location

People are looking at Dual Season or All Season Locations more and more these days; They want an all season experience. The Eastern Algarve is actively developing that year round experience and new properties here should show a good return.


The Algarve remains a firm favorite for property investors