Portugal real estate investment properties have been in high demand over the last 12 months among foreign investors wanting to take advantage of the tourism industry, enabling many to make a savvy investment and reap the benefits for years to come.
For those not familiar with the Portuguese real estate market, the first step is to get in touch with an all rounded real estate agency able to assist with everything needed when making an investment.
This is where Ideal Homes International has established itself among investors predominantly from the United States, Canada, Ireland, United Kingdom and other European countries.
All of whom have capitalised on the discounts and offers available exclusively through Ideal Homes saving over a combined total of 1,000,000€ in 2021 alone. In addition to this, many have even started to see a return on their investment proving they made a lucrative decision to buy property in the Algarve.
What discounts and offers are available?
Due to their long standing relationship with professional and top quality developers across the Algarve, Ideal Homes International have been able to obtain 5-15% discounts on purchase prices, 5-15% initial deposit amounts, free rental management, discounts on legal fees, furniture packs and more.
For example, Dona Maria II Residences is a brand new development situated within Lagos, West Algarve, overlooking the award winning marina and Atlantic Ocean.
Prices start from 535,000€ for a two bedroom apartment but if investors went for a three bedroom priced 630,000€, they would be able to save an instant 31,500€ on their investment today with the 5% discount and in just 5 years see a return of over 500,000€ in rental income (80%+) excluding income tax and capital gains.
Experts are able to break down all rental projections showing exactly how much investors can make per week, per year and also provide estimated costs and expenses providing a 5 year projection of what to expect from their investment.
An added benefit of investing in this development is investors from outside the EU can also apply for Portugal’s Golden Visa which is due for some changes at the end of 2021 making NOW the prime time to invest in Portugal property.
How to get more information?
Contact the team at Ideal Homes International for all the information on what offers are available in the Algarve, ranging from the east to the west, there’s plenty to choose from – each with their own advantages.
Call +351 289 513 434 or send an email to [email protected] and the team can help find the best and most lucrative investment in Portugal. If you’re from the UK, call our freephone number 0800 133 7644.
About Ideal Homes International
Recognised as a multi-award winning real estate agency based in the Algarve, Ideal Homes International provides a one stop shop with over 35 years combined experience in the real estate industry, you can speak with experts in a variety of fields from determining the best investment location in the Algarve, Portuguese residency and taxes, financial assistance from their in-house mortgage broker along with property and rental management services.