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Every year in December we reflect on the past year and provide an outlook for the property market in the year ahead, 2018. During the past 12 month’s real estate continued to be popular for both permanent living and investment. The total number of visitors to the Algarve continued to increase in 2017 and surpassed the all time high recorded in 2016. This is mainly due to the continuous popularity of the destination as well as the influx of hundreds of thousands ´newcomers´ from other holiday destinations in countries that are currently facing turmoil. The weather conditions have been very good all the way up to the end of November, much to the delight of visitors who will leave with fond memories of the Algarve. When back home, word... |
| Published on 01/12/2017 20:27:03 |
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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... |
| Published on 21/10/2017 15:33:33 |
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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... |
| Published on 01/12/2016 10:07:44 |
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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... |
| Published on 01/12/2015 12:01:07 |
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Every year
in December we reflect on the past year and provide an outlook for the
property market in the year ahead, 2015. Twelve months ago we predicted that
trading conditions for real estate would improve which proved to be an accurate
assumption. The increase in transaction volume which started in 2013 continued
in 2014 at even a higher pace. Also property prices are somewhat improving
which is good news for vendors. These are positive signs in light of a
lacklustre economic recovery in Europe with
unemployment... |
| Published on 01/12/2014 11:24:04 |
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New
legislation regarding short term holiday rentals requires attention and action.
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| Published on 30/11/2014 23:31:16 |
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