Algarve Race Track VIP Lounge: Shared Usage Opportunity

August 25th, 2010

Algarve Property Race Track: An exciting opportunity has arisen to own a luxury trackside VIP lounge at the new Autodromo in Portugal at a fraction of the price with the following exclusive benefits.

* Enjoy personal use for 10 People for at least 4 world class practice and qualifying days.
* Enjoy shared use for at least 10 world class race event days including paddock access.
* Hostess, parking and entry tickets included.
* Lounges are fully equipped with luxury furniture, TVs, drink coolers and coffee machines.
* Entertain clients or have exclusive use for your business at least 6 days per month.
* All lounges have fantastic panoramic views over the world class Fl track.
* Enjoy discounts on all driving experiences, merchandise and Algarve Racing Packages.
* Algarve Racing will maintain the lounges and arrange hostess services and catering as required.

Great potential for corporate clients or people with a holiday home in the Algarve that enjoy watching motor sport events. Contact us today for more information.

Posted by Rob Shaw
Elite Algarve Properties
T: +44 (0) 208 529 3635
E: info@spanishalgarveproperties.com
1: www.spanishalgarveproperties.com
2: www.elitealgarveproperties.com

Spanish Algarve Repossessed Property: 55% Below Market Value!

July 9th, 2010

Distressed Algarve Property: Buy repossessed apartments adjacent to the championship 36-hole Costa Esuri golf course on the Spanish Algarve. Surrounded by beautiful countryside, green and landscaped areas and with comprehensive facilities.

The properties have been priced for a very fast sale by the owning bank and are an amazing 55% below market value. Pre-arranged mortgages are available for up to 100% + meaning all costs could be covered and there are no price variations for units in the best locations. THE PROPERTIES ARE SELLING VERY QUICKLY SO ACT NOW. Read the rest of this entry »

Algarve Property Sales Increase As Sterling Bounces Back

July 9th, 2010

Algarve Property Sales News: The current sterling position vs the Euro (1.20 in June 10) has sparked a dramatic rise in demand for property on the Algarve with the number of Brits searching online for foreign property doubling in the last year according to leading online property portal Primelocation International. Rival portal Rightmove has also seen a 60% annual increase in searches with Portugal among others seeing the biggest benefits.

Enquiries were 95% higher in March 2010 than a year earlier, with the top three locations recording increases of 108%, 153% and 105% respectively. Searches also increased on a monthly basis for most countries, with Bulgaria’s 11% decline the only fall out of the top ten most popular destinations.

“Pent up demand now appears to be on the brink of converting into sales,” said Ann Wright, international development manager of Primelocation International. “Several signs are now indicating that the economy may have escaped a double dip and be stabilising in earnest and potential buyers are picking up this optimism.”

Posted by Rob Shaw
Elite Algarve Properties
T: +44 (0) 208 529 3635
E: info@spanishalgarveproperties.com
1: www.spanishalgarveproperties.com
2: www.elitealgarveproperties.com

Portugal Property Market: Investor Demand Rising

July 9th, 2010

Portugal Property News: The number of overseas property investors in the Portuguese real estate market is beginning to rise in line with the country’s economic recovery, it has been claimed. Overseas Property Professional (OPP) has reported that foreign buyers are returning to the market and replacing the influx of distressed bargain hunters that emerged last year.

Both developers and agents are reporting the rise, with the move being cited as an example of the returning confidence to the European destination. Typically the amount of money that investors are putting down as a deposit has gone up. “This is money that was sitting in buyers’ bank accounts but now they have a better sense of where the market is going they are ready to spend. People are a lot more quality-conscious and the developers that have built high-spec are the ones that are selling.” Read the rest of this entry »

A Quick Guide To Quinta Do Lago And Property For Sale Here

May 14th, 2010

Quinta do Lago Algarve Property News. Quinta do Lago is absolutely exclusive and different from all other luxury leisure communities on the Algarve. It is truly an oasis and property owners all boast of the rare combination of world-class sports facilities, deluxe services, natural beauty, a sophisticated lifestyle and yet still with the most important aspect of all – privacy. Read the rest of this entry »

Algarve To Get Eight More 5-Star Hotel Properties

April 22nd, 2010

Algarve Properties For Sale. Eight brand new 5-star hotels will be opened in 2010 in the Algarve where there are already 15 five-star units. This represents an investment of more than 500 million EUR.

According to reports, 2 of the new hotels will be in Lagos (which does not have any hotels in this category), 2 will be in Albufeira and 1 will open in Lagoa, Portimao, Olhao and Loule.

The hotel in Loule has been confirmed as the Conrad Algarve Palacio da Quinta, which is actually categorized as a 6-star hotel.

Eliderico Viegas, head of the Algarve’s main tourism association AHETA (Regional Algarve Hotel and Tourist Resort Association), said that the hotels would “bring more balance to the region as well as making it more competitive”.

Posted by Rob Shaw
Elite Algarve Properties
T: +44 (0) 208 529 3635
E: info@spanishalgarveproperties.com
1: www.spanishalgarveproperties.com
2: www.elitealgarveproperties.com

Traditional Holiday Home Property Destinations Are A Safer Haven

April 22nd, 2010

Algarve Property News. Over the last 10 years there has been a more demand for property in emerging areas and countries around the globe, often with a view to profiting from increasing property values. However, in today’s economic climate, buyers have returned to traditional, established second home destinations and are buying for lifestyle, rather than purely investment purposes according to the latest results of a survey carried out by Savills. Read the rest of this entry »

Algarve Golf Property News: New Iberian Golf Tour

March 3rd, 2010

Eastern & Spanish Algarve Golf Property News: Both amateurs and professionals will be able to play in a new European golf tour during the winter months thanks to the newly formed Iberian Golf Tour (IG Tour). Read the rest of this entry »

Spanish Algarve Property News: Capital Gains Tax Rebate

February 24th, 2010

Spanish Algarve Property News: Great news! If you sold a property in Spain between 1997 – 2006 you may be entiled to a Spanish Capital Gains Tax rebate

Between 1997 and the end of 2006, UK citizens paid 35% Capital Gains Tax (CGT) when selling their property, whilst Spanish nationals only paid 15%.

The ECJ ruling has confirmed legal arguments and states that this overpayment contravenes European Community Treaty discrimination rules and should not have been charged by the Spanish Tax Authorities.

Therefore, if you meet the requirements, you are entitled to reclaim this overpayment, plus approx 6% interest annually from the moment you present your claim (estimated average to reclaim: 15,000 €).

The ECJ ruling means that as many as 90,000 people could now make a claim.

Claims must be registered within 12 months of the ruling, so make sure you don’t MISS OUT!

Contact www.spanishalgarveproperties.com to find out more.

ALGARVE PROPERTY: A GUIDE TO VILAMOURA

February 16th, 2010

Vilamoura Property For SaleAlgarve Property News. The Algarve started to become a hotspot for northern Europe tourism as far back as the 1960s and since then British, Irish, Dutch and Germans have been regular visitors to the region. The market for holiday homes in the area has developed slowly and responsibly over time and is stable and robust today with new and old homes alike sharing a very high build quality – much higher than many other popular second home markets. Read the rest of this entry »