It’s been a busy week for me, as I swapped the sunny skies of the Algarve for the more inclement climes of Chester to help Portugal Property Guides readers take the next step to buying their dream property at Your Overseas Home. Meanwhile, summer festival season is in full swing and Portuguese sardines are finally back on the menu!
Portugal has generous financial incentives for overseas buyers, and now you can add 0% municipal taxes around Albufeira for anyone renovating. Hyatt is entering Portugal with a €70 million investment, in a strong sign of confidence for tourism growth. The property market’s busy, too, with huge regeneration schemes in Almada and Olhão kicking off.
If you crave a new life in the sun, or even just a bolt-hole away from Britain’s gloom, it needn’t cost the earth. While property prices are rising in most European sunshine destinations, affordable options still exist – especially in Portugal. While the country’s popular Algarve region has plenty of glitz, glamour and multi-million euro villas, there’s plenty of affordable Algarve homes to choose from too.
Are you keen to move to Portugal and wondering what you could do for a living? How about the prospect of a genuine lifestyle business? One that could enable you to do the things you love and help pay for your property? If this appeals, it’s well worth doing some research around rural tourism in Portugal. Here’s what you need to know.
The sun’s shining here in Portugal, with temperatures of 25ºC all week, and we’ve got good news as Parliament passes a law on rights after Brexit. Brexit’s not the only thing on the agenda, as we’re named the top destination for many European buyers, and new developments open on the Algarve (and a swish 5-star hotel’s selling our portal).
