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Algarve: Why is the Algarve UK and Ireland's top destination?

Date: 13/11/2008

Many more people are now recognizing The Algarve as a prime overseas property destination with a very strong real estate market with high rental potential and high returns on investment, which explains why many UK and Ireland buyers are now snapping up homes there.

The Algarve attracts beach lovers and their families, as well as those looking for world-class golf courses and it is very easily accessible via budget airlines. The mild year-round climate this area has to offer, means people can cash in on their investment for 12 months of the year, and property prices are a lot lower than those in France and Spain. It also has beautiful landscapes from rivers, cliffs, and sandy beaches to mountains and championship golf courses, making it popular with all kinds of visitors or investors.

A lot of money is being invested into the country for improvements to its road infrastructure and the building of new airports, which means many areas are now offering fresh new markets for buyers who want affordable homes close to towns and beaches.

The Algarve has been popular with British buyers for the last couple of decades and more recently, the Irish have also become top investors in this beautiful part of the world. Many new up market resorts and developments are continuously coming on to the market, to keep up with the demand.

The Algarve will remain a fantastic property investment prospect for a good number of years and is only two-and-a-half hours away from the UK or Ireland by plane, meaning that your villa is easily accessible for weekend sun and sea breaks or Golf escapes. Source: Algarveproperty

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