Algarve's regeneration programme gathers pace
30th June 2008
Algarve Property News
The largest ever urban development programme in the Algarve has been unveiled by Vilamoura’s master developer. It was announced that in 2009 they will start construction work on the eighth and final phase of Vilamoura XXI. Plans for this €750m developm... read more
Investing abroad could be lucrative
5th June 2008
Algarve & Costa de la Luz Property News
British investors have been told that the current downturn in the property market could make a foreign investment, such as Algarve or Costa de la Luz property, a better option. The Telegraph stated that house prices in the UK are currently falling and... read more
Portugal emerging as overseas property hotspot
30th May 2008
Algarve Property News
Portugal is proving to be a popular choice for second home buyers from the UK, according to experts. Currency specialist FC Exchange said that high net worth individuals who traditionally targeted the south of France for holiday homes are now choosing... read more
Brits find it easier to raise finance abroad
5th May 2008
Algarve & Costa de la Luz Property News
The ongoing credit crisis is prompting many people to take the plunge and invest in a foreign property, an expert has said. According to Paul Collins of the BuyAssociation website, foreign property ownership is becoming more and more popular in the UK.... read more
Algarve a summer hotspot
2nd May 2008
Algarve Property News
Owners of rental accommodation in the Algarve could be set to see strong demand this summer, according to Holidays-Direct. The Portuguese tourist hotspot has attracted considerable interest from British holidaymakers in the last few months. The trave... read more
Algarve property also offers off-season returns
7th April 2008
Algarve Property News
Buying property in Portugal’s stable and robust property market can offer an investor returns over the entire year. Property in the popular Algarve region offers the highest demand for tourism-based rental and experiences returns on a par with those in... read more
Still high demand for rental property in Spain
5th April 2008
Costa de la Luz Property News
Growing tourism in Spain is likely to push up demand for rental accommodation among holidaymakers. Thomson Financial reports that 3.3 million people visited the European country in February - 6.5% more than in 2007. Overall figures for 2008 are also up... read more
Algarve property is a safe bet for investors
7th March 2008
Algarve Property News
The property market in Portugal remained stable and profitable throughout 2007, with a 12% growth and strong rental yields for investors. For those looking for buy-to-let properties, the Algarve is a very good option, due to the year-round rental marke... read more
Huelva set to be Spain’s next property hotspot
6th March 2008
Costa de la Luz Property News
Following last month’s news of the approval for a new international airport in Huelva, it is now being said that this region of Costa de la Luz, the ‘Spanish Algarve’, could be Spain’s best investment. When the airport opens in 2012, the current 40 min... read more
New international airport to boost Huelva tourism
13th February 2008
Costa de la Luz Property News
Huelva is to receive its own international airport valued at 150 million euros, increasing demand for property in the area. Huelva, in the western Costa de la Luz, bordering the Portuguese Algarve, is a region that is seeing phenomenal growth in both i... read more
Marriott prestigious Renaissance brand in Algarve
13th February 2008
Algarve Property News
The existing Vila Sol Spa & Golf Resort in Vilamoura will be re-branded to Marriott International’s sophisticated and stylish ‘Renaissance’ hotel brand. The conversion and expansion is expected to take place during 2008. “The Vila Sol Spa & Golf Resort... read more
Spain & Portugal join forces to boost tourism
10th January 2008
Algarve & Costa de la Luz Property News
A new website designed to promote both Spain and Portugal as a single tourist destination has been launched after a consultation between the country’s respective tourism offices. Portugalspainboth.com, will promote the Iberian Peninsular as a destinati... read more
Substantial growth in 2007 for Portuguese market
14th December 2007
Algarve Property News
The property market in Portugal has remained stable and profitable throughout 2007, with strong rental yields for investors. It should receive a healthy 12% growth by the end of the year, according to 'The Move Channel'. With the double tax arrangement... read more
Spanish property - better value than UK
20th November 2007
Costa de la Luz Property News
People buying property in Spain can get better value for money than those buying in the UK, according to experts. Over-50s specialist Saga said that although Spain had similarly experienced a property boom in the last decade, the UK was a more expensiv... read more
Celebrities line up to promote the Algarve
19th November 2007
Algarve Property News
A number of Portuguese celebrities are in negotiations to participate in a new drive to boost the country's tourist trade. According to the ''Portugal Resident'', football manager Jose Mourinho is one of the people who is expected to be unveiled as one... read more
Algarve - a half term hotspot
15th October 2007
Algarve Property News
Good news for investors as many villa owners and resorts announce accommodation is fully booked for October half-term. The Algarve is set for a busy week during the October half-term as thousands of UK families plan to head off for a holiday in the sun... read more
Portugal receives 21 billion Euro grant
10th September 2007
Algarve Property News
Portugal has recently taken on the EU Presidency, which will undoubtedly raise its public profile, but in addition to this honour, they will now receive a 21 Billion Euro grant to help further develop the country. This grant will enhance its strong positi... read more
Vilamoura marina expansion
19th July 2007
Algarve property news
Vilamoura marina expansion Portugal has been among the UK’s top 10 destinations for overseas property investment for more than 30 years and this is set to continue as plans to expand the Vilamoura marina have been announced. The Algarve has seen a resu... read more
New law will ‘clean up Spanish property industry’
14th July 2007
Costa de la Luz Property News
A new Spanish law brought into force on the 1st July has been designed to bring greater transparency to the planning system and increase confidence in the Spanish property industry. This new Spanish law, which covers the Land Legal System, Property Val... read more
Portugal a favourite with Brits
21st June 2007
Algarve Property News
France and Spain may be the UK’s favourites for overseas property, but Portugal is racing ahead as one of the places Brits prefer abroad. Over 200,000 Brits already own property in the Portuguese sun, which accounts for 11% of the UK’s overseas buyers.... read more
Spain remains a property hotspot despite problems
12th June 2007
Costa de la Luz Property News
The latest ‘Hotspots Report’ from currency exchange, HiFX, shows that 27% of all enquiries relating to people buying abroad concern Spanish property – which is good news for everyone involved. While some areas of the Spanish Costas are certainly cooling a... read more
Investors more comfortable in western Europe
24th May 2007
Algarve & Costa de la Luz Property News
The Algarve property market and other real estate sectors in western Europe are more attractive to investors than emerging industries to the east, owing to the stability and reliability they offer. According to some agents, over 200,000 Brits already o... read more
Long term rental market in Spain is ''Superb''
18th May 2007
Costa de la Luz Property News
Spain still represents a good long-term investment, especially when it comes to the rental market, one expert has said. Tim Hodges, local director for the County Homesearch Company in Spain, told news provider ‘About Property’ that rental returns for h... read more
Growth predicted for Algarve property
21st April 2007
The Portuguese property market is set to perform well this year and offer good returns to investors, it has been predicted. There will be steady growth in the Portuguese property market, despite the competition it is set to encounter from eastern Europ... read more
Design your own villa property in Costa de la Luz
9th April 2007
A great opportunity to create an individual property in Costa de la Luz. You choose the design & all specs. The price of land on the Costa de la Luz is from £100 / €150 per m². The cost of construction depends on the final specification; bespoke build... read more
Golf Drives Spanish & Portuguese Markets
14th February 2007
According to a leading expert, the countries' range of top courses, created by some of the world's best designers and properties set back from the fairways in specially built complexes are proving extremely popular with foreign investors. Golfers... read more
Spain Boosts Appeal For Investors
11th February 2007
Those looking to buy a property in Spain have received a boost from news that mortgages are coming down in price. Spain continues to be the most sought after destination among Britons looking to buy a second home, according to recent research from Mint... read more
Spanish Capital Gains Tax Cut
9th January 2007
The 500,000 Britons who own property in Spain can continue to celebrate this New Year thanks to changes in Capital Gains Tax (CGT) legislation for non-residents. In October, the Spanish Senate approved Legislation to reduce the CGT whi... read more
Interest in Portuguese Property on the Up
7th January 2007
According to currency specialist HiFX, enquiries from British people buying property in Portugal have more than doubled since March 2006. On this basis, Mark Bodega, marketing director for HiFX, said that Portugal is ''in the first tier'' of destinati... read more
80% Mortgage For Spanish Investors
5th December 2006
The largest British bank in Spain is now offering property buyers the opportunity to obtain flexible 80 % mortgages. This is the highest ever loan to value ratio offered by the bank in Spain and it also has the longest ever mortgage term of 30 y... read more
Spanish Property Attracting Youth
2nd December 2006
According to a new survey by Banco Halifax Hispania, overseas property buyers in Spain are now younger than ever. 50% were found to be less than 34 years old with only 4% over 65. With average prices much lower in Spain and communication links so good, it... read more
Record number of Brit's to retire abroad
4th November 2006
A record 1 million Britons retired abroad over the last decade, official figures have revealed. And it's estimated that currently one in three is planning to have a place in the sun. They settle abroad for better weather, a better lifestyle and less cr... read more
Spanish Property Prices Rising
3rd November 2006
House prices in Spain have increased by an average of 15 per cent annually for the last seven years, according to La Caixa research. Furthermore, this trend shows no significant signs of slowing, as Spain's biggest real-estate company Metrovacasa says... read more
Playing Around On The Costa De La Luz
2nd November 2006
In the western Huelva Province, there are half a dozen golf courses alone - with three more due to open this year and another four in the pipeline. According to the Golf Federation of Andalucia, it's the fastest growing golf tourist destination in the... read more
Algarve Tourism On The Increase
1st November 2006
The Algarve Tourism Board (RTA) has predicted good news for the region's coffers this summer (especially the owners of rental property on the Algarve), with its official estimate for the forthcoming season showing an expected increase of app... read more