Every year in December we reflect on the past year and provide an outlook for the property market in the year ahead, 2019. The past 12 months have been very exciting as real estate continued to be popular for both permanent living and investment purposes. The total number of visitors to the Algarve decreased a bit year-on-year, but this was to be expected after two consecutive years of record breaking numbers. Strong demand for both residential and investment property saw prices of existing properties rise by 9.5% which is just above the top end of our expectation of 9% made in December 2017.

In the current buoyant property market, there is logic in taking a step back and reassessing your investment goals in light of potential risks, especially as some areas are becoming priced for perfection.

If you bought an investment property or are considering to down size you may want to consider selling into a strong market. Can property prices go higher? Yes, but nobody ever lost money taking a profit. When new price...

On average a person moves house 8 times during their life time mainly due to changes in lifestyle. Some want to be closer to amenities and/or family and friends, while young families may have outgrown their home and need a larger property as their family grows in size. When the children have grown up and left, a family home that was perfect before can become a burden due to high running cost and maintenance. As one is getting older the work in the garden especially can become too much. Downsizing or rightsizing is the next step and when living on a countryside location this often goes hand in hand with relocating...

Every year in December we reflect on the past year and provide an outlook for the property market in the year ahead, 2017. Looking back we can say it has been a busy year indeed. During the past 12 months trading conditions for real estate continued to improve both in transaction volume and price. It was also a record breaking year in which the total number of visitors to the Algarve reached a new all time high due to the continuous popularity of the destination as well as the influx of hundred of thousands...

Every year in December we reflect on the past year and provide an outlook for the property market in the year ahead, 2016. As expected, trading conditions for real estate have improved over the past 12 months. Looking back we can say that the market bottomed out in 2013/2014. During this period transaction volume steadily increased but property prices remained weak for most of this period. However by the end of 2014 we saw some price improvement which continued more broadly in 2015 making this the first time in 6 years that vendors started to benefit from the...