PT landline: +351 282 356 952 - Email: info@algarvehomesales.com

seagull in sky above sea and Algarve cliffs

 

 

 

Several Algarve municipalities are home to some of the country’s most expensive real estate, according to an analysis of the last quarter of 2020.

 

The pandemic has turned the world on its head, but, quite unexpectedly, the Portuguese property market has remained resilient. But with forecasts of price drops in 2021, many have been asking the question: ‘To sell or not sell?’

Carvoeiro boardwalk

 

 

 

The municipality of Lagoa, which includes the parishes of Carvoeiro, Ferragudo, Porches, Estombar and Parchal, has been named one of the safest destinations to visit in Europe in 2021 by European Best Destinations.

Carvoeiro beach

 

 

 

Last year, the Portuguese government made the decision to revise the Golden Visa programme, which will greatly affect those looking to invest in property in key areas. But, with Brexit also taking effect, is there an alternative?

Everything changed in 2020, but generally speaking, the real estate market remained much as it did before: houses were bought, sold, and rented. The Portuguese property market remained resilient. The question is, given the challenges of 2020, what opportunities will the new year bring?