The Algarve has seen a significant increase in real estate demand, especially from foreign investors. Recent data indicate that, in Vilamoura, 80% of buyers are foreigners, coming from countries such as Germany, Belgium, Switzerland, the United Kingdom, the United States and Canada. In Carvoeiro, this percentage is 67%, while in Albufeira about 50% of buyers are international.
Most of these investors are looking for second homes, attracted by the mild climate, relaxed lifestyle and safety of the region. Preferences range from detached villas with large gardens and pools, to spacious apartments with good interior areas and balconies. In addition, the proximity to beaches and the quality of local infrastructure are determining factors in the choice of properties.
This scenario presents promising opportunities for homeowners in the Algarve, who can benefit from the growing demand from foreign investors interested in purchasing properties in the region.
If you are interested in buying a villa in the Algarve, you can check the VAP Real Estate website to see the available options: VAP Real Estate - Properties for Sale.
Source: PORTUGAL resident