American investors are looking into real estate in the Algarve, Portugal.
Golf, nature, friendly communities, good food, and high rental yields are just a few reasons why the Algarve region has become a key destination for real estate investors.
A recent report on the resort real estate market in Portugal from the agency Confidencial Imobiliário confirms that the demand for resort homes in the Algarve is stronger than before and indicates that prices continue to rise. The report, published in October 2022, shows that the resort real estate market in Portugal grew by 20% in the first half of 2022 compared to the second half of 2021. The report also shows that in the Algarve, prices for resort homes increased by 21% in the second quarter of 2022.
While the Algarve has always been a popular destination for property purchases by British and other European buyers, the market is seeing a growing demand from a variety of nationalities, including American investors.
26 October
Rent other properties in Vila Nova de Gaia 2 121,00 $
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3 Bathrooms
137 м²
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