Luxury Residential Tourism in Portugal has excelled in 2009. Those that previously choose other exotic destinations, now see this region as a safer and cheaper option with the exclusive standards they would find anywhere else in the world.

“The Current Global Economical Predicament has caused many to have doubts as to how and when this cycle will finally end. This is also exactly what is causing many private investors to look for security by investing outside their usual areas of business, specifically into one that is apparently unaffected by this crisis: Luxury Real Estate” the British Portuguese Chamber of Commerce

About the eastern Algarve

The Eastern Algarve is over 55kms of Egg-timer Sandy beaches – parts of a Nature reserve from Faro to Villa Real do Santo Antonio, on the Spanish border.

Unlike many other popular holiday destinations, the Algarve, and particularly the Eastern Algarve has managed to retain much of its original charm and attraction. Here the locals go about their daily lives – Farming; Vine-culture; Orchards; Fishing enterprises; Handicrafts include Pottery, Basket-making, Embroidery etc.

Here too The Umbrella Pines; Fertile farming Land; The sand dunes; The coastline; and the Beaches are fiercely protected.

The regions Motto “Protect the Dunes - Beaches Forever”

History/Politics of Portugal

The Portuguese Republic is a European country with a population of around 11 million people. It is just three decades since Portugal changed from a dictatorship to a liberal democracy. In that time:

• The Algarve has always been a top spot for beach vacations.
• Tourism is the major contributor to the regional economy
• Astutely aware of the mistakes of other tourist destinations- Local Government; The Portuguese Central Government; and the European Union have come together to protect the character and quality of the area.
• UK and Irish nationals form the largest expatriate community in the Algarve, followed by German, Dutch and Scandinavians. Evident by the English; Dutch; German; Danish & Norwegian, language newspapers and publications printed here or widely available.

Tourist Trends

Tourists to this region want to go Cycling; Climbing; Fishing; Golfing; Horse Riding; Museum Visits; Sailing; Walking; - all manner of activities interests and pastimes.

Portugal’s Algarve has the Weather, Beaches, Mountains, Sea, Golf courses, and Luxury Detached properties necessary for the extend and discerning tourist demand.

Golf

Golf is particularly relevant to those purchasing properties in the region, as it ensures strong rental demand for much of the year. According to the National Golf Industry, the sport figure is expected to generate revenue of €1.8 billion in the near future.

The National Strategic Plan for Tourism has defined golf as one of the 10 key products that should underpin the development strategy for the Portuguese tourism industry.

In this context, Turismo de Portugal, I.P. organised the 1st International Conference: “Portugal, a Competitive Golf Destination” This addressed the issues of golf course management and design; The promotion of a golf destination; and associating Portuguese case-studies to international case-studies of recognized merit.

The conference was aimed at businessmen, investors, managers and other players in the golf industry, together with public and private bodies connected to the sector's value chain.

Food

The Eastern Algarve also has a rich gastronomic tradition offering dishes that range from Chicken; Beef; Pork; Seafood and fish through local traditional pastries based on almonds and dried fruit.

The Algarve - The traditional luxury real estate market of southern Europe.

If you are planning a trip to the Algarve, we would be pleased to show you the properties we are developing without obligation.