We can now say with some authority that the property market for buyers in the Algarve is probably at the best it has been for many, many years.
Most of our vendors have reduced their expectations of value whilst some of our best developers are selling property well under the current market value in order to generate revenue for future projects.
In addition, one of our top quality Vilamoura apartment complexes is offering buyers finance upwards of 85% if required. The stronger European nations (Germany, Switzerland, Holland, etc) still have buyers and this allied with the bottoming out of prices is creating a healthy and steady stream of sales.
One of our most impressive opportunities at the moment is this splendid three bedroom linked villa (309m2) directly on a Vilamoura golf course with stunning sea views.
Apart from the quality, tasteful finishes and the position, the stand out features of this property include the golf fronted outside decking area, the direct access to the basement and garage and the roof terrace with pre-installation for a Jacuzzi with astonishing views.
The brand new condominium (fees circa €1,000 per year) with swimming pool is immaculately kept, safe and due to the low prices, sales are far from stagnant.
For more information or a viewing, please contact Yellowhomes – Land and Houses Algarve with offices on the EN125 near Vilamoura opposite Barclays and Tavira office next to Barclays facing the river. Call 289 301 294 or visit www.yellowhomes.com