1. Golf Tourism:
Golf tourism is a growing industry and has seen an increase that has far exceeded any other forms of tourism around the world. Factually speaking; the Algarve in Portugal is the hottest golf destination in all of Europe with an average 200,000 golfers making Portugal their favourite place for holiday breaks. This has also been a boon to the local economy as they represent very affluent demographics. Those thinking about purchasing a villa in the Algarve area could see a sizeable return on their investment and help earn a decent income.

2. Powerful and Credible Tourism Demand:
Portugal is on the list of the 20 most visited destinations around the globe, and is especially popular with the Brits. According to the World Travel and Tourism Council, over 11 million visitors travelled through Portugal throughout the last year. Future predictions indicate tourism in the area could see a 3 percent increase from now until 2017, making it a sound investment for those wishing to purchase property.

3. British Popularity:
The Algarve has been known to be a favourite to the British for many years and those travelling from the UK find they can make it to the region in a little over two hours via plane. Since the nation’s annual tourism is based from the UK, it’s easy to obtain a mortgage to purchase property from British banks. The demand for real estate is extremely high for both rental property and those for sale, making it a wise investment for individuals wanting to sell or use the dwelling as an income property.

4. Portugal is Affordable and Accessible:
Portugal has a number of inexpensive flights coming directly to the region for easy accessibility. EasyJet, Jet2.com and Ryanair fly regularly into the area from the UK and those with an Algarve Villa can access their dwelling any time for very little cost.

5. Favourable for Foreign Direct Investment:
Portugal is one of the most favourable nations when it comes to foreign direct investment around the world. Not only does it have specific policies in place to entice foreign direct investment, but it also has the lowest corporation tax in all of Western Europe. This makes it an alluring investment to those looking for additional tax breaks and financing grants.

6. Investment in Infrastructure Projects:
The government is in the midst of investing in a developmental plan to expand the country’s main airports and train lines throughout the area of Portugal. This will make the area more accessible to the tourism industry and give the country an economical boost. Plus, this is positive news for those deciding on whether to invest in property in the Portuguese region.

Bio

Andrew Potter writes for My Online Estate Agent, a UK wide property site that provides useful guides such as how to advertise on Zoopla, Rightmove and other major UK property portals.

Albufeira is possibly the jewel in the crown of the Algarve property market and will always be at a premium but the returns more than make up for that.

The Algarve region is derived from Arabic for “the West”. The Moors inhabited the area in the eighth century and the influence can still be felt today. This southernmost region of Portugal is home to about half a million inhabitants. Tourism, seafood, and fruit make up the bulk of the economy. The fruit grown here includes oranges, carob beans figs and almonds, and are amongst the most important products in the region. The Algarve region ranks as one of the richest in Portugal, which is great for Algarve Property searchers.

Albufeira was known as “the castle of the sea” by its one-time Arabic rulers. Mounted high on cliffs overlooking the sea, Albufeira is a coastal city offering abundantly beautiful surroundings. Paderne castle and its golf courses are wedged between Faro and Lagos.

Albufeira is a leading resort attraction in the Algarve region of southern Portugal. An agreeable climate and friendly people make southern Portugal a hot spot for tourists looking for a getaway bargain. Archaeological findings have shown that it was the Moorish influence during their occupation in the Algarve for 4 centuries that brought agriculture to the region. Earlier settlements relied quite heavily on fishing.

At night, the Strip and the Old Town are the two areas of attraction for night-life. The Strip offers younger crowds a vibrant night-life with discotheques, restaurants and popular bars. The Old Town focuses on preserving the Arabic architecture and a more laid back style.

New construction around Albufeira has received mixed reviews; while it has brought awesome water parks and even a zoo, complaints are that this area has been recently overbuilt and is best seen during the off season.

People seem to come to Albufeira for its boisterous night time attractions and its beaches. The fisherman’s beach is different from that of the tunnel beach. The turquoise blue of the waters contrast beautifully with the golden swatches of sandy coastline. Add to that the dimensions of cliffs caressed for thousands of years by seawater lapping at its base and you have the beauty that Algarve property watchers dream of.

International Property Portal owners have recently stated that the Algarve has once again become one of the most researched areas in the overseas property market.