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.