Luxury Property For Sale In Portugal – A Definition

When we talk of luxury property to what exactly are we referring? Are we referring to a specific architectural style or are we referring to a property's location? Could we be referring to the standards adhered to at a project management level or are we simply talking about a property's fixtures and fittings?
The answer probably lies somewhere amongst all of the above, after all, luxury is perceived and where there is perception in the world of real estate, there is perceived value.

In Portugal, luxury real estate and lifestyle walk hand in hand. The properties of the purpose built Algarve resorts of Quinta do Lago and Vale do Lobo exhibit all of the aforementioned attributes and bring with them a lifestyle that is afforded by no other European destination. Infrastructure and facilities are first class; sun, sea and gastronomic delights a given.

As we place a high monetary value on luxury items, so we place a high monetary value on luxury real estate. The more luxurious, the more desirable, the higher the price. And if we assume that luxury is a timeless concept, then it should not matter whether we are referring to a traditional farmhouse built in the Portuguese countryside or a contemporary new build villa in the heart of the Algarve's Golden Triangle; assuming, of course that both have been impeccably maintained.
Luxury property in Portugal has proven to be a timeless investment both in financial and lifestyle terms and prices have remained strong. With a focus on outdoor living, the luxury property market of the Algarve has a broad appeal to high net worth individuals who have made their money in the big city but are now in search of some peace and relaxation. The Golden Triangle in particular is a haven for those who want to escape. Leisure has a premium and those who can afford to pay this premium in Portugal are seldom disappointed.

Buyers and investors come from far and wide but the majority remain northern European. When the Algarve's luxury resorts were conceived in the early 1970's, plots were sold mainly to British, and Dutch buyers. In recent times, buyers from other European countries have come to the fore, such as those from France and Scandinavia, where tax laws have changed to facilitate investment in overseas real estate. Luxury estate agents follow such trends carefully and are always quick to change the direction of their marketing efforts in accordance.

With lifestyle buyers driving demand, movement in Portugal's luxury real estate sector is gathering momentum. If you are intending to explore the opportunities available to you and would like to know more about luxury property for sale in Portugal, you should take a look at the website of Your Luxury Property: http://www.yourluxurypropertycom/ a new estate agent in Almancil that has employed staff from established agencies, all of whom specialised in Portugal's luxury property niche. You will be able to search what is probably the most comprehensive and exclusive selection of luxury properties available in Algarve and find out more about plots, apartments and villas for sale in the luxury resorts of Quinta do Lago and Vale do Lobo.

The Best Property for Sale in the Algarve is Now Cheaper Than Ever!

The time for buying property in the Algarve is right now! Don't believe me? Well, let me tell you that if you are able to "buy for cash", your options are almost infinite. The fact is that that the prices of quality property for sale in Algarve have reached an all time low.

With Portugal in recession and no imminent end in sight to the country's economic problems, properties are changing hands for as little as 50% below market value. With the help of a local estate agent you can source fantastic property bargains in some of the Algarve's prime resorts; perfect for holiday homes or buy-to-let investments.

For a long while, property owners in the Algarve were reluctant to sell their properties for such low prices. Historically the Algarve has enjoyed a sustained high demand, especially for properties in prime locations, but with so many owners in financial difficulty the surplus of villas and apartments for sale in resorts such as Quinta do Lago and Vale do Lobo has risen steeply.

With no domestic buyers on the horizon and Portuguese banks refusing to lend to pretty much everyone, the "Cash Buyer" is king in Portugal's Algarve and the really good news is that the tourism sector remains strong, so holiday rental yields are as strong as ever.

Here are a few useful links if you want to check out the amazing deals on property for sale in Algarve Portugal:

Seven Quintas Lda. - Established licensed estate agent, specializing in quality property for sale in the Algarve: http://www.sevenquintas.com/

Mortgages4Portugal - Specialist in mortgages for buying Portuguese property: http://www.mortgages4portugal.com/

Norton and Mackenzie - Long term rentals in Algarve and property management experts: http://www.nortonmackenzie.com/

Arcadia Luxury Villas - Luxury Villas for rent in Algarve: http://www.arcadialuxuryvillas.com/

Tip: Let your estate agent know which type of property you are interested in before you arrive in the Algarve and they will arrange a viewing tour of relevant properties for you, so that you can see a number of property options during your visit.

Property for sale in the Algarve has never been so affordable! Good luck!

Euroclay the Future Of Clay Court Tennis in Portugal

If you want to experience the latest in tennis surfaces then pay a visit to Jim Stewart's Tennis Academy in Algarve, Portugal. There you will find the first ever Euroclay tennis court in Portugal.
Euroclay plays exactly the same as a traditional clay court but requires little or no maintenance and does not require watering. It is easily installed over the top of an existing court surface and is rapidly becoming the court surface of choice with Tennis Clubs throughout Europe as it comes with a 5 year guarantee. In Portugal, high UV stability is an important requirement of any outdoor sports surface should it ever rain in the Algarve (yes, it has been known to rain in Algarve :)) then Euroclay is even playable in the wet. In fact, there is even a Euroclay court installed at Wimbledon!
As well as being the home of Euroclay in Portugal, Jim Stewart's Tennis Academy is a great place to learn tennis; especially as it now offers a range of tennis coaching holidays in Portugal. The Academy has always been popular with the Algarve Expat community but now tennis clubs from the UK are travelling to the Algarve to help their members improve their game whilst enjoying the year round sunshine that the Algarve affords. There are tennis coaching holidays available for players of all ages and abilities so the next time you fancy a tennis holiday with a difference take a look at the Portugal Tennis holidays available at Jim Stewart’s Tennis Academy in Portugal.