Why buy a property in the Algarve?
The climate is healthy and one of the most moderate in the
world. In many ways it is close to the weather in California.
Even though the Algarve has a variety of changes in the weather
pattern during the cause of the year, the summer is hot and the
winter is not too cold.
The Algarve is still marching on a much slower pace of life and
has not lost its charm. The increase in tourism over the years
has contributed to the stability of the economy on which this
region of Portugal depends almost 100%. The increase in the
amount of foreign property buyers has given the region more
wealth and stability.
The legal system in Portugal provides a sound platform for any
foreigner wishing to purchase a property in Portugal. Foreigners
enjoy the same legal rights and standing as a Portuguese
national.
Modern communications allows everybody to stay connected to the
world of business if required. Portugal is still compares to
other countries such as Spain or Cyprus for example a relative
unknown quantity for many foreigners looking to buy a home in
Portugal. But plenty of foreigners have already taken that step,
and there are plenty of excellent sources for advice on the
procedure how to purchase a property in the Algarve.
The Algarve is a place of outdoor life. No matter if you are
looking to do as little as possible or would like to engage in
active outdoor sports, the Algarve offers a great variety of
sports facilities apart from playing Golf.
There is still a great deal of virtually unexplored territory.
Once you leave the coastal areas you find yourself transported
back in time. Great scenery and beautiful countryside are the
rewards for anyone venturing just a few miles further inland.
And of course the property prices are also very much lower.
A great benefit is the absence of pollution. The Portuguese
Government aided by the European laws has implemented the
policies to ensure that even with growing demand on housing and
the increase in tourism the region stays as free from adverse
pollution as humanly possible.
It is fair to say that Portugal has become more expensive over
the years. The cost of living has gone up, but is still well
below the major European countries especially the UK.