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The Albufeira Village development is positioned 2km from the coast of Central Algarve in Southern Portugal, and is the Algarve’s most popular holiday destination.
The Algarve rental market is flourishing due to the sunny climate, limited supply of quality rental property, and golf tourism. This has made a great economic impact and is regarded by local tourism developers as a vehicle for tackling the seasonal patterns of “mass tourism”. There are 45 daily flights from the UK and Ireland serving Faro International and Seville. Faro in particular has seen a 14% rise in arrivals 2004 to 2005.
Our International Property Sourcing Team was pleased to bring our clients this quality resort. Our extensive due diligence demonstrated good future capital growth, and because of the extended high season as a result of the excellent climate, we found that this areas appeals to both general holiday makers and enthusiastic golfers alike.
Since purchasing, our clients have experience capital growth of €36,324. In addition, for peace of mind and as a cost management tool, the developer offered our clients a 3 year rental guarantee.
Albufeira Village, Portugal demonstrates our policy to bring excellent off-plan investment properties in Europe with good capital growth and good rental coverage.