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Buying Eastern Algarve Property: A Quick Guide

25th March 2011: Luxury Algarve Property News



ABOUT THE AREA:

Described as the ‘real Portugal’, the Eastern Algarve has retained its charm, history and beautiful architecture. It is a destination of true character offering the best of all worlds - beautiful countryside, quaint villages & seaside resorts and a peaceful and tranquil environment all year round.

PROPERTY INVESTMENT:

Recently voted “best place to buy and invest” by the UK’s leading overseas property program, ‘A Place In The Sun’, property in the region is excellent value for money and there is a growing rental market. With much improved infrastructure, services, roads, facilities and new golf courses it is only a short drive (15-30 mins) from Faro Airport so is much more convenient that the more established Western Algarve.

LIFESTYLE:

The eastern Algarve is a far more sheltered coastline than the west with beautiful lagoons & miles of tranquil sandy beaches. It is also more traditional than the central Algarve and the low cost of living and friendly local people make it popular with discerning tourists and 2nd home buyers. The Ria Formosa nature park is visited by a large number of migratory birds and is home to flocks of beautiful pink flamingos.

SELF-CATERING ACCOMODATION:

Average self-catering property rental figures per week:

* Large apartment: 450 EUR * House: 700 EUR * Small villa: 1,200 * Large villa: 1,800 EUR * N.B. depends on season

POPULAR EASTERN ALGARVE TOWNS:

Tavira: One of the oldest towns in the Algarve and considered to be the most beautiful town in the whole region, famous for its architecture, culture and natural heritage. Due to the romantic setting by the river Gilao and the seven-arch Roman bridge, Tavira is sometimes referred to as the Venice of the Algarve.

Cabanas: A former fishing village and now a popular tourist destination due to its beautiful beach located on an island just offshore, part of the Ria Formosa. There are bars, cafes and restaurants along the waterfront.

Castro Marim: A quiet town with a wealth of heritage and cultural roots. The municipality’s history goes back over many centuries and some of the main attractions are a castle and a fort. A three-day Mediaeval Festival, well known throughout the country, is held in the Castle at the end of August.

Vila Real Do Santo Antonio: Before the construction of the Guadiana International Bridge, it used to be the easiest access to Spain (via car ferry). Heading towards the ocean is the popular beach resort Monte Gordo, which offers kilometers of sandy beach, lined with a pine forest.

Olhao: One of the Algarve’s largest fishing ports. The town’s main attraction is its market, held everyday and is one of the most animated and enjoyable on the Algarve.

RIA FORMOSA NATURAL PARK:

Stretching over almost half of the eastern Algarve coastline is the Ria Formosa national park - a beautiful nature reserve with a labyrinth of lagoons and river estuaries between the land and sea. The Ria contains an enormous variety of protected wildlife and there are a wide variety of day trips available to see some of the most picturesque parts of the area.

BEST BEACHES:

Beaches on the eastern Algarve are very beautiful and much calmer than in the west. With warm waters, many have Blue Flag & Gold Quality awards.

* Barril * Ihla de Tavira * Manta Rota * Altura * Monte Gordo * Praia de Cabanas

GOLF COURSES:

* Benamor * Colina Verde * Quinta Da Ria * Quinta De Cima * Catro Marim Golfe * Monte Rei * Quinta Do Vale

Posted by Rob Shaw Elite Algarve Properties T: +44 (0) 208 529 3635 E: info@spanishalgarveproperties.com 1: http://www.spanishalgarveproperties.com 2: http://www.elitealgarveproperties.com 3: http://www.eliteportugalproperties.com


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