There’s no shortage of beaches either. And as Europe’s top destination for surfing and golf, it attracts many visitors every year. The Algarve is seen as a top property investment option in Europe. In recent years it has become THE location of choice for expats and pensioners, buying their dream home or investing in rental real estate.
Here are 3 reasons to invest in real estate in the Algarve:
Quality of life
Having a mild climate, great food, cultural heritage and being very safe all contribute to the high quality of life here. The wide range of recreation facilities make it one of the best places to live in Europe. Plus, the people in the Algarve are known for their friendliness and hospitality.
Low costs of living
Compared to other countries in the European Union, Portugal has one of the lowest levels of costs and taxes. The mild climate will keep utility costs down. You can go to traditional markets and buy your essentials for a good price directly from the local farmers. And don´t forget that much of what is enjoyable about Portugal—the friendly people, the laidback lifestyle, the countryside, and stunning beaches—is free.
Tourism
The Algarve is the most touristic region of Portugal, which makes it the perfect place to invest in a property. The real estate market is growing fast here. When buying a property in the Algarve, you will not only have a place to stay but also the possibility of renting it out long- or short-term. Vacation rentals can be very profitable and real estate prices, although rising, are still more attractive than in many other European countries.
To make a successful investment get advice from a real estate professional. Abacoz Properties can help you with the search for your new home as well as the full management of your rental property.

For more information,Tel: 282 044 886 or email: info@abacozproperties.com