While property markets round the world continue to remain heavily affected by the global financial crisis, data from Quinta Properties has revealed that the Quinta do Lago area is continuing to buck the trend.
The Savills associate agent, owned by sisters Alison Højbjerg Buechner and Kerstin Dias Buechner, has published its latest market data which has shown that sales have increased by 17 per cent in the last quarter (April 1 to June 30, 2010) while the prices for villas in Quinta do Lago have risen by 5.7 per cent.
Meanwhile, Select Resorts, a Quinta Properties Savills associate, has reported that the summer rental market in Quinta do Lago is “buoyant” and on a par with the 2009 season, while accommodation in key Quinta do Lago locations is at capacity for August 2010.
