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Do it now, its a great time to buy!

Posted by colin.wilson on October 23, 2019
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So how is the market in the Central regions of the Algarve, Albufeira has done well this past 5 years with an average increase in prices of 1.7% per year. Further inland around Lagoa,Algoz,Silves and S.B. Messines we continue to see an average growth between 1.4% and 1.9% out of town.
Faro and Loulé are blossoming too! Real estate prices have doubled in the past five years and the towns are alive with trendy restaurants, bars,festivals and renovated old buildings. With rents also increasing, investments are even more attractive as yields are becoming more interesting. Another observation is that over the past 10 years, virtually none of our buyers used a mortgage to purchase and suddenly, we see that almost 20% of our buyers are buying with borrowed funds. Money is cheap to borrow and so why not? Now is a great time to buy…..This 3 Bedroom country house near to S.B. Messines  in a sleepy old hamlet on the road to Alte is on the market for just €399.999.00, 

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