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| “With a strong and healthy growth rate, the Portuguese property market offers great scope for investment opportunities”. |
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Private Investment
Apart from the steady growth in property values, the Algarve continues to be a sought-after destination for holidaymakers. So, whether you wish buy an apartment, villa or land to sell on or to have ongoing income from rentals, you can enjoy a good return on your investment.
New Development Property
The benefit of buying a new development property is of course the appreciation that you will see in the property before you even start paying for it; if investment is your top priority in your purchase, then only recently-built new development property will do.
Off-Plan Purchases
If you are seeking a return on your investment and you have time on your hands to wait for the property to be finished, this is a low-risk way of making a significant return on your initial investment.
The advantage here is that you can secure a property well below its ultimate market value for selling on when construction is completed.
As with any property purchase, searches are essential, to establish factors such as planning permission, etc. The developer should provide a description of the project, plans and specifications, construction phases, a programme of stage payments and guarantees, all of which should be included in the contract.
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