Best exchange rate for 8 years prompts Brits to snap up bargain second homes across Europe

Best exchange rate for 8 years prompts Brits to snap up bargain second homes across Europe

by Louise Albania Portugal Spain , , ,
  • GBP/EUR exchange rate reaches 1.34
  • Buyers of mid-price properties saving as much as £60k (Kyero.com)
  • Brits eyeing up European property as far afield as Albania (Lalzit Bay Resort & Spa)

With the euro at an eight-year low against the pound, can we expect Brits to rush out and grab that bargain second home in the sun that they have dreamed of for so long, or have we become more cautious of the market’s fluctuations since the crash of 2008?

“Definitely the former,” says Martin Dell, Director of leading Spanish property portal Kyero.com. “We’re seeing British buyers eyeing up cut-price properties across Spain in high numbers right now, as they can get so much more for their money than they could a few years ago. But what’s interesting is the number of buyers looking to snap up properties with heftier price tags too.”

Dell cites the example of a new build three bedroom villa with pool in Benijofar, Valencia, which is on the market for €335,000. At the current exchange rate, it will cost a British buyer £250,000, while back in 2009 it would have cost £310,000.

Such substantial savings are tempting many buyers to see now as the perfect time to invest in a second home, as Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España, observes,

“With the exchange rate looking so favourable, it really is a case of the more you spend, the more you save at the moment. It certainly seems to have got British buyers moving once more when it comes to Spanish property. We are down to just three townhouses left at our Montesol development and two at Calpesol on the Costa Blanca.”

Nor is it just Spain that Brits are eyeing up for their bargain dream homes. Portugal is also attracting UK buyers in their droves right now as Chris White, founding director of boutique real estate agency Ideal Homes Portugal, explains,

“The best exchange rate since 2007 is certainly not something that many British buyers are going to pass up on and Portugal is the perfect place to get more bang for your buck. Even for buyers just looking for a good value apartment, rather than a substantial villa, the savings are impressive. Right now we have some luxury, two bedroom apartments in the most sought after area of Lagos, being sold off plan at €225,000. This equated to around £184,500 a year ago, but right now one would cost closer to £168,500.”

The exchange rate ripples are even being felt as far into Europe as Albania, where the country’s first high-end resort, Lalzit Bay Resort & Spa, is tempting savvy Brits to invest now before the exchange rate starts moving back the other way. Marketing Director Peter Walshe comments,

“Lalzit Bay Resort & Spa is already a great investment under normal circumstances, but with the current exchange rate it offers incredible value to British buyers. We’re expecting a very busy few weeks ahead until the rate begins to settle again!”

So will Brits be dashing out to purchase a cut price second home now that they can get so much more for their money? Absolutely, it seems.

For more information please contact:

Kyero.com: www.kyero.com

Taylor Wimpey España: +44 8000 121 020 or www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Lalzit Bay Resort & Spa: +44 845 125 8600 or www.lalzitbay.com

Ideal Homes Portugal: +44 800 133 7644 or +351 289 513 434 or www.idealhomesportugal.com

Rent a Dragon’s Den for the ultimate luxury holiday in the sun

Rent a Dragon’s Den for the ultimate luxury holiday in the sun

by Louise Portugal
  • Dragon Duncan Bannatyne’s luxury villa available for hire (Ideal Homes Portugal)
  • 2014 Algarve tourism levels best in recent years (INE)
  • Strong Pound makes Portugal attractive choice for summer holidays this year

From glossy interiors spreads in Hello! to full-on home invasions from MTV Cribs, it seems we’re obsessed with knowing how the other half live. TV stars, politicians, royalty, musicians and sportsmen – all have, at some point, allowed the public through the keyhole for a tantalising glimpse of their homes.

But what about those who want to go one step further? Now, boutique real estate agency Ideal Homes Portugal has the ultimate in celebrity lifestyle offerings, with families able to book to stay in the newly acquired Portuguese home of former Dragons’ Den star Duncan Bannatyne.

The health club magnate bought his luxurious Algarve retreat, which comes complete with five bedrooms, swimming pool and charming garden area, in 2014. He and his family plan to use it for part of the year and rent it out for the rest, affording members of the public the rare opportunity to actually stay in a celebrity’s home.

Holidaymakers can enjoy access to the excellent golfing facilities at Vale do Lobo, as well as several pristine beaches located nearby. Dining and entertainment options in the area are also first rate.

Chris White, Founding Director of Ideal Homes Portugal, who sold Duncan the property, comments,

“It was great to be able to work with Duncan to find the perfect Portuguese property for him and it’s fantastic that holidaymakers in the Algarve have the opportunity to enjoy his villa as well. It really is a superb property with plenty of room for families or groups of friends to spread out and relax.”

Portugal is a popular destination with visitors from across the globe. With a reputed 300 days of sunshine annually, the country’s southern Algarve region plays host to many happy holidays throughout the year. The cost of living is low, the beaches are sandy, the cuisine is delightful and good wine can be had for €2 per bottle.

This fabulous combination worked to make 2014 a particularly good year for tourism in the Algarve. The number of visitors in the first ten months of the year exceeded that for the whole of 2013, according to data from the National Statistics Institute (INE). Desidério Silva, president of the RTA regional Algarve tourism board, comments,

“In 2014 we have achieved the best numbers in recent years and the Algarve continues to be the driving force of tourism in Portugal.”

Food and wine were key attractions during 2014, as indeed they were in 2013, when they brought a record 14 million visitors to Portugal (up 4.2% from the year before), according to Travel Pulse. 2013 also saw a marked increase in US visitors to Portugal, with overnight stays by Americans up 16.4% and expenditure by them up 21%.

The Dutch are also falling for Portugal’s charms right now, with users of holiday review website Zoover voting the Iberian nation as their second favourite destination (after Austria). Russian holidaymakers too are pouring in, having moved away from previously popular destinations such as Goa, which are now viewed as far less welcoming to Russian tourists.

Part of Portugal’s charm is its ability to offer something for everyone. HolidayLettings.co.uk lists five bedroom villas in Vale do Lobo, for example, at prices ranging from £173 per night to £3,605. One and all are welcome, from those who want nothing more than to sit on the sand with the waves lapping at their toes to those who plan to spend their holidays as high rollers in the region’s casinos.

With both the pound and the dollar looking good against the euro right now, Portugal’s attractions as a holiday destination are even more tempting. As many families start planning their summer break, it looks like 2015 could be another bumper year for the Algarve.

For further details of properties available to rent including Duncan Bannatyne’s villa or indeed buy in Portugal, call Ideal Homes Portugal on 0800 133 7644 or +351 289 513 434, email enquiries@idealhomesportugal.com or visit www.idealhomesportugal.com.

Want to buy a second home? Ask for the kids’ permission first!

Want to buy a second home? Ask for the kids’ permission first!

by Louise Albania Italy Portugal Spain , , ,
  • 92% of people planned to travel with family in 2014 (TripAdvisor)
  • 40% feel their children influence vacation planning (Preferred Hotel Group)
  • Beaches and pools top the list of second home requirements (Taylor Wimpey España)

Whether we like it or not, it’s established fact that children shape their parents’ holiday choices. Each year the TripAdvisor family travel survey demonstrates the influence that kids have on their parents’ decisions. In 2014, some 92% of respondents planned to travel with family and relatives’ considerations were plain to see in the amenities wish list, with complimentary breakfast, close proximity to local attractions, free Wi-Fi, a swimming pool and room service making the top five.

The same survey found that beach trips were the most popular family holiday choice, with 66% of travellers planning a beach/ocean vacation. Meanwhile, the Preferred Hotel Group multi-generational travel survey found that 40% of grandparents and parents felt their children “actively participate in or influence vacation planning.”

What is perhaps less well known is the influence that children have on the purchase of second homes. Owning a home overseas is a wonderful way to enjoy family holidays and avoids the usual hassles associated with family getaways. The TripAdvisor survey found that lugging extra gear and not enough quiet time for parents were the top annoyances, both of which can be avoided through second home ownership.

Dawn Cavanagh-Hobbs, founder of Italian fractional ownership holiday home company Appassionata, comments,

“Children are definitely a key consideration for almost all of our owners. Most see their fractional ownership share not just as the perfect way to enjoy luxury family holidays, but also as an inheritance for their children in the future. They also like that their children can learn about Italian culture and pick up more of the language each time they visit.”

Marc Pritchard, Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, agrees,

“There’s no doubt that children play a huge role in their parents’ decision to purchase a second home. Our buyers are looking for large swimming pools, on-site parking and easy beach access, all of which are important for their children to enjoy time at the property.”

Spain is a welcoming country for families, as is neighbouring Portugal. With the lowest birth rate in Europe, children are cherished in Portugal and made a fuss of, even in busy restaurants. Chris White, founding director of boutique real estate agency Ideal Homes Portugal, observes,

“A friendly environment with plentiful attractions for children makes an ideal location for a second home. Sandy beaches, pools, water parks and other activities are really important, as is a short flight time – anything under three hours is really the optimum distance.”

The flexibility that a second home offers for children is also important, explains Peter Walshe, Marketing Director for Albania’s first high-end resort Lalzit Bay Resort and Spa,

“As children grow, their wishes in terms of holidays will change. Choosing a well-located second home is a great way to accommodate those shifts. For younger children, the space to store toys and a nearby pool are essential. For older kids, a lovely beach and plenty of activities in the local area are important. And, of course, moody teenagers can choose to bring their friends and spend the whole holiday sitting indoors and playing on their phones, should they so wish! A second home provides the perfect environment for all of these.”

It really does seem as though children have serious sway over their parents when it comes to second home ownership. Clearly parents aren’t buying for themselves at all, despite what they may think!

For more information please contact:

Appassionata: +39 073 465 8775 or www.appassionata.com

Taylor Wimpey España: +44 8000 121 020 or www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Ideal Homes Portugal: +44 800 133 7644 or +351 289 513 434 or www.idealhomesportugal.com

Lalzit Bay Resort and Spa: +44 845 125 8600 or www.lalzitbay.com

Investors set to flock to Portugal during Chinese year of the sheep

Investors set to flock to Portugal during Chinese year of the sheep

by Louise Portugal
  • Chinese buyers account for 80% of Portuguese golden visa recipients (themovechannel)
  • Chinese tourist spending doubles to €33 million in 6 months (Lusa)
  • Luxury villas prove particularly popular (Ideal Homes Portugal)

The Chinese year of the sheep, which begins next month, is set to see investors flocking to Portugal in search of high end properties costing €500,000 or more, that qualify them for the country’s golden visa scheme.

The sheep is representative of people who combine creativity with considerate planning, which is typical of those with the imagination and organisational skills to move overseas and start a new life in a foreign land.

The Portuguese golden visa scheme was launched in 2012 in an attempt to bring more money into the country’s struggling economy from overseas. Since then, it has been a roaring success, with figures reported towards the end of 2014 showing some €950 million had been invested in the country as a result of the scheme.

Although they are available to all nationalities, Portugal’s golden visas have been a hit with the Chinese in particular. More than 80% of buyers who have been granted visas under the scheme have come from China, according to themovechannel.com.

Chris White, Founding Director of boutique real estate agency Ideal Homes Portugal, comments,

“We’ve definitely noticed an upturn in the number of Chinese buyers picking up high end properties since the inception of the golden visa programme in Portugal. Everything from luxury detached homes, like this six bedroom villa with pool in Carvoeiro, to traditional farmhouses, like this quirky quinta with pool near Luz de Tavira are up for grabs.”

Interestingly, Portugal has also seen an upturn in the number of Chinese tourists visiting the country. The first half of 2014 saw a 69% increase in Chinese tourist numbers compared with the same period the year before, with 55,000 visiting during the six months. Given the lack of direct air link between China and Portugal, clearly these tourists were determined to discover what the Iberian country has to offer. Between them, these 55,000 visitors are reported by the Lusa News Agency to have spent some €33 million, which is excellent news for the Portuguese economy.

Portugal is certainly pushing to tap into the Chinese tourism market. Secretary of State for Tourism, Adolfo Mesquita Nunes attended a major tourism fair in Shanghai during November 2014 and football star Cristiano Ronaldo is fronting a new marketing campaign aimed at presenting Portugal to increasing numbers of Chinese holidaymakers.

“One should also consider the impact of the golden visa scheme on tourism,” points out Ideal Homes Portugal’s Chris White. “Many of those considering a move to Portugal will visit the country several times, to introduce their families to Portugal, to get a feel for the culture and to look at what the property market has to offer. Thus before they commit their funds to a golden visa property investment, they are already bolstering the economy through one or more inspection trip visits.”

With a relaxed way of life, plentiful sunshine and a property market that offers luxury accommodation at bargain prices, Portugal’s temptations to Chinese buyers are plain to see. As 2015 applications for golden residency visas get underway, no doubt many more Chinese investors will be looking to celebrate the year of the sheep by discovering the many delights of Iberia.

For further details of properties currently available in Portugal, call Ideal Homes Portugal on 0800 133 7644 or +351 289 513 434, email enquiries@idealhomesportugal.com or visit www.idealhomesportugal.com.

Portuguese property market records 12 months of growth with outlook for 2015 equally positive

Portuguese property market records 12 months of growth with outlook for 2015 equally positive

by Louise Portugal
  • Portuguese market upturn began in Q1 2014 (INE)
  • Property sales now rising at fastest pace for 5 years (RICS/Ci)
  • Bargain properties from €69,000 for a detached house (Ideal Homes Portugal)

“If you’re looking to buy property in Portugal, now is the time.”

Bold words indeed from Chris White, Founding Director of boutique real estate agency Ideal Homes Portugal, but the figures certainly add weight to his claim.

The year began well for the Portuguese property market, with Statistics Portugal (INE) reporting a 1.22% (1.6% in real terms) increase in prices during Q1 2014. Now, the latest RICS/Ci Portuguese Housing Market Survey has revealed that sales volumes have reached their highest level since 2010, when the survey was originally launched. RICS Senior Economist, Josh Miller, comments,

“The on-going improvement in sales market activity appears to have gained added momentum recently, while prices have now remained more or less stable for the past few months.”

The figures are leading many to conclude, as Ideal Homes Portugal’s Chris White observes, that now is the time to buy, before prices begin to rise sharply. For buyers looking to pick up a second home, or even a main residence, Portugal is packed with bargains.

A one bedroom apartment in the up and coming town of Olhão in the eastern Algarve can be snapped up for just €72,000, while those looking for something a little quirkier can pick up a large plot of land complete with homely timber house for €69,000.

Even with more expensive properties, there are still plenty of bargains to be had. This incredible four bedroom detached villa with pool, tennis court and extensive outdoor terraces in the central Algarve has been reduced from €1.1 million to €850,000. Chris White comments,

“Buyers looking to get maximum value for their money in Portugal need to act fast. There are still bargains available, particularly in the Algarve, but demand is on the up and logically it follows that prices will continue to rise during 2015.”

It is a good time for those looking to buy an investment property in Portugal as well, with a government initiative meaning that 85% of rental income from a property is classed as expenses, so the owner is taxed only on the remaining 15%.

The upturn in the Portuguese market during 2014 is certainly reflected in the success of Ideal Homes Portugal. The company has trebled its workforce during the year and opened a new office to accommodate the larger team, with former Dragon’s Den star Duncan Bannatyne officiating at the opening. With nearly 100 homes sales completed over the past 12 months, Chris White and his team are looking forward to an even busier 2015. White concludes,

“From a professional perspective it’s really exciting to be involved in the Portuguese property market right now. There’s a sense of confidence and anticipation spreading across the sector. I can’t wait to see what’s in store in 2015.”

For further details of properties currently available in Portugal, call Ideal Homes Portugal on 0800 133 7644 or +351 289 513 434, email enquiries@idealhomesportugal.com or visit www.idealhomesportugal.com.

Ditch the grey skies and soak up some sun on these terrific terraces

Ditch the grey skies and soak up some sun on these terrific terraces

by Louise Albania Italy Portugal Spain , , ,
  • Winter travel tipped to beat 2.9% increase of 2013/14 season (Eurostat)
  • EU air passenger traffic up 5.6% in October (Airports Council International)
  • Outdoor sun terraces available from as little as €35,000 (Lalzit Bay Resort and Spa)

As the nights draw in and those early morning starts seem ever colder, the idea of sitting outside and soaking up the sun may seem like a distant dream, but the perfect outdoor terrace is actually a lot closer than you might think.

According to Eurostat, the pursuit of winter sun expanded over the 2013/14 season, with 15.4 million more nights spent in hotels and similar establishments within the European Union, an increase of 2.9% on the previous year. The 2014/15 season looks to be a good one too thus far, with the Airports Council International reporting an increase of 5.6% in passenger traffic at EU airports in October.

Some of the main increases in air passenger traffic were recorded in Spanish and Italian airports, while the Eurostat figures put Spain and Italy as two of the three most popular winter tourist destinations. With their warm climates, pretty beaches and short travel time from the UK it is easy to see why many of these tourists want more than just a hotel room and opt for a second home overseas instead. Martin Dell, Director of leading Spanish property portal Kyero.com, explains,

“Being able to bask in the sunshine over the winter months is hugely appealing to buyers from colder countries. For such buyers, outside space is extremely important and a property with a decent outdoor terrace can easily command a price premium over one without.”

It is a fact well understood by Spanish homebuilder Taylor Wimpey España, whose properties feature outdoor areas in the forms of gardens, balconies and roof terraces. Each development also has at least one communal swimming pool for those wishing to take the plunge over the winter months. Sea views, golf views and wide terraces are all tempting buyers at the company’s latest site, the delightfully designed Miraval on the Costa del Sol, where prices start from €245,000.

Over in Italy, luxury holiday home company Appassionata also appreciates the value of outside space. The urban fractional townhouse Casa Tre Archi comes complete with three outdoor terraces, including a large roof terrace with stunning views of the surrounding countryside. Owners can enjoy the three bedroom/three bathroom property for five weeks per year from just £65,000.

For buyers looking a little way beyond Spain and Italy, Portugal and Albania offer plentiful sunshine over the winter months and are both exceptional value for money as holiday destinations. Chris White, Founding Director of boutique real estate agency Ideal Homes Portugal, observes,

“Being outside and enjoying the sunshine is just part of the way of life here in Portugal. From spacious apartments overlooking the sea to detached villas with their own pools, everything is geared towards maximising sunshine. It’s a wonderfully relaxed approach to life.”

In Albania, soaking up rays is also at the top of holidaymakers’ priority lists, as the generously appointed balconies and terraces of the country’s first high-end resort, Lalzit Bay Resort and Spa, demonstrate. With prices starting from as little as €35,000 the resort has something for all budgets, so those who think that a second home with a stunning outdoor sun terrace is beyond their budget may just need to think again.

For more information please contact:

Kyero.com:www.kyero.com

Taylor Wimpey España:+44 8000 121 020 or www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Appassionata: +39 073 465 8775 or www.appassionata.com

Lalzit Bay Resort and Spa: +44 845 125 8600 or www.lalzitbay.com

Portugal’s a fair way to go for some of Europe’s best golf courses

Portugal’s a fair way to go for some of Europe’s best golf courses

by Louise Portugal
  • UK has over 4 million golfers (BGIA)
  • Golf properties some of most in demand Portuguese homes (Ideal Homes Portugal)
  • Quinta do Lago home to 2 award-winning courses (World Golf Awards)

Portugal has long been a top holiday hotspot for those seeking beautiful beaches, challenging walking breaks or just plentiful sunshine. The low cost of living makes Portugal a popular destination for family holidays, while the balmy climate attracts everyone from young couples to those enjoying their golden years.

Now, the Airmiles Value Tracker from Totally Money has revealed that Portugal’s Algarve is one of the top five best value golfing destinations in the world. The Algarve boasts an impressive number of golf courses, which range in quality and formality in order to provide something for both the amateur golfer and the wannabe pro.

The twin jewels in the Algarve’s golfing crown are the resorts of Vale do Lobo and Quinta do Lago. Both offer championship-quality courses that have been carefully designed to blend challenging holes with the area’s natural beauty, including stunning sea views.

Vale do Lobo has two outstanding courses, the Royal and the Ocean, both based on the concepts of Sir Henry Cotton. The courses have hosted the Portuguese Open on two occasions, so players can know they are playing the same holes as the greatest golf players of our day. The resort also benefits from the Royal Spa wellness centre, which is perfect for relieving the strain of a hard day on the fairway.

Property at Vale do Lobo is considerably more expensive than in less well known areas of the Algarve, but bargains can still be found. This three bedroom, two bathroom villa, for example, set in a tranquil area and with private garden and approval for a pool, has recently been reduced from €495,000 to €395,000.

Chris White, Founding Director of boutique real estate agency Ideal Homes Portugal, comments,

“Golf properties are some of the most popular homes that our buyers are looking for. From permanent residences to luxury second homes in the sun, Vale do Lobo and Quinta do Lago offer discerning buyers some of the Algarve’s most beautiful contemporary properties.”

As one of the Algarve’s most exclusive resorts, Vale do Lobo has attracted a number of celebrity buyers over the years, with former Dragon Duncan Bannatyne the most recent high profile purchaser. Indeed, celebrity-spotting at the swanky Monty’s bar has become something of a trend on a local level.

The prestigious resort of Quinta do Lago is also popular with celebrities. Another stunning golf resort, it has the proud claim of receiving a World Golf Award 2014 for its North Course, which was voted Europe’s Best New Golf Course. Meanwhile, Quinta do Lago’s South Course was voted Portugal’s Best Golf Course.

Property at Quinta do Lago is understandably pricey, with some stunning properties available. This six bedroom villa with generously proportioned pool is available for €3.3 million. More affordable properties in the area are also available, such as this spacious and well-designed two bedroom apartment for €315,000.

With just over 4 million golfers in Britain (according to the British Golf Industry Association) and 29 million in the US (based on figures from the National Golf Foundation and US Census Bureau), Portugal’s top level courses are guaranteed to remain popular with holidaymakers from both sides of the pond, whether on an occasional basis or thanks to a second home purchase in one of these delightful resorts.

For further details of properties currently available in Portugal, call Ideal Homes Portugal on 0800 133 7644 or +351 289 513 434, email enquiries@idealhomesportugal.com or visit www.idealhomesportugal.com.

Portugal’s secret coastline – how to find the Algarve’s hidden gems

Portugal’s secret coastline – how to find the Algarve’s hidden gems

by Louise Portugal
  • Live 10 minutes from the beach for €79,000 (Ideal Homes Portugal)
  • Praia da Marinha named one of top ten beaches in Europe (Michelin Guide)
  • Discover everything from family friendly beaches to hidden coves while finding the perfect property on an inspection trip (Ideal Homes Portugal)

Portugal, like every popular coastal tourist destination, finds its beaches packed with visitors from May to September. While the vast expanses of sand at beaches like Praia da Rocha have plenty of room for everyone, certain cove beaches, such as Praia Dona Ana at Lagos, can feel rather too crowded during the peak of the summer. During those times, many locals slip quietly away and head instead for some of Portugal’s most beautiful – and most tucked away – beaches.

As the winter sets in across the UK, Portugal has been enjoying an unusually warm October and November, prompting many to book a last minute winter break in the sunshine and giving them the opportunity to discover some of the incredible beaches that areas such as the Algarve have to offer.

Chris White, Founding Director of boutique real estate agency Ideal Homes Portugal, observes,

“Once you have lived in Portugal for a while, particularly in the Algarve, you manage to come by some very useful information in terms of local beaches. Many holidaymakers delight in visiting the beaches near Albufeira and Vilamoura, and Lagos certainly has some charming spots. However, to avoid the crowds in mid-summer you need to know how to veer from the path a little, as many of our clients who purchase second or primary residences in Portugal soon discover.”

Perhaps one of the most surprisingly quiet beaches during the summer months is Praia da Marinha. Named by the Michelin Guide as one of the top ten most beautiful beaches in Europe, Praia da Marinha is very much hidden in plain sight. It is easily accessible, has some fantastic diving trails mapped out and presents an idyllic, picture-postcard beachscape. Despite these attributes, the fact that Praia da Marinha’s nearest town (Caramujeira) is off the tourist trail means the crystal clear waters are remarkably undisturbed.

Holiday homes nearby are extremely varied and include everything from bank repossessed apartments from €79,000 to luxurious, four bedroom villas costing in the region of €1.75 million.

For a family-friendly beach, the eastern Algarve’s Praia Verde is an excellent option. The undulating sand leads to the creation of a series of shallow pools, which are perfect for even the smallest of beachgoers to splash in. As the beach is tucked away along a bumpy, pothole-riddled road many turn back before reaching it, ensuring that there is space for everyone over the summer months.

Praia Verde is located close to the town of Tavira, which with its picturesque river, ancient castle walls and pretty cobbled streets provides the perfect location for a day of laidback sightseeing. Properties in the area range from spacious two bedroom/two bathroom apartments, available from €116,000, to stunning contemporary villas costing in excess of €1.5 million.

Those who like the water would do well to seek out Pego do Inferno while in the Tavira area. This stunning waterfall plunges into a deep natural pool where a select group of those who have managed to find it swim and frolic with the fish while hardy locals dive from the branches of the tress above.

A stone’s throw from the Algarve, just over the Guadiana River, which separates Portugal from Spain, lies a true locals’ secret. Praia Fluvial de Alcoutim is a tiny, manmade river beach nestled in a shallow valley where both time and the breeze seem to stand still. It is backed by a large grassy area dotted with perfect spots for barbecues, while a small cluster of wooden huts sells cans of pop and ice cold beers.

The nearby town of Vila Real do Santo Antonio provides some excellent shopping, as well as ferry rides across the Guadiana to Spain. Apartments in Vila Real do Santo Antonio can be picked up for as little as €169,000 for three bedrooms and two bathrooms.

From hidden coves that are only accessible by sea to secret beaches that only the locals can reveal, the Algarve has some true gems for those who love being by the sea. Ideal Homes Portugal is offering inspection trips to the Algarve from £149 and the local team would be delighted to share their knowledge of Portugal’s secret coastline with all those who book.

For further details of properties currently available in Portugal, call Ideal Homes Portugal on 0800 133 7644 or +351 289 513 434, email enquiries@idealhomesportugal.com or visit www.idealhomesportugal.com.

Best of the bunch – Top 5 countries for enjoying some winter sun

Best of the bunch – Top 5 countries for enjoying some winter sun

by Louise Grenada Italy Portugal Spain United States , , , ,
  • Costa del Sol offers cheapest European winter sun breaks (Post Office)
  • Mallorca bookings up 68% in a single year (ABTA)
  • Euro approaching best rate since 2012 (Currency Index)

It’s that time of year when the novelty of cold mornings and rainy afternoons has worn off and families turn their attention to which country would be the best place for them to soak up some winter sun. This year the number of those leaving the UK in search of winter sun between October and December is expected to rise, as many families delayed their summer holidays overseas due to Britain’s fantastic summer weather.

The Post Office has provided some handy hints this year for travellers looking for good value from their breaks. Both Portugal (specifically the Algarve) and Spain (the Costa del Sol) have been recognised as providing excellent value for money in the Post Office’s Winter Sunshine Report. The barometer report examines eight tourist staples, including sun-cream, drinks and an evening meal, to judge which destinations offer the cheapest break. The Costa del Sol came in at just £44 for the list of items and the Algarve at £48. As the weather in Spain and Portugal can take a turn for the worse over the winter months, the report also highlighted the value of Tenerife, where the winter sunshine is a little more reliable. The island came in at £58 for the eight items.

Italy is another popular choice for those seeking a winter sun break and if the over-priced cities are avoided it can offer excellent value. In fact, the UK travel organisation ABTA observed at its recent travel convention in Slovenia that Italian bookings were up this summer due to “some great-value hotel deals.” ABTA also highlighted Mallorca as a recent success story, with summer 2014 bookings up 68% on summer 2013. The island’s increased tourism figures are expected to carry through over the winter season.

When it comes to long-haul winter sun destinations, Florida offers excellent value and families can enjoy Orlando’s theme parks without the extensive queues of the summer months. The Caribbean is another popular place for winter sun seekers, especially for couples looking for a relaxed, romantic escape. The luxury appeal of the island of Grenada is proving particularly attractive this year, thanks to its high-end spas and pristine beaches.

For those looking for more than just a holiday, each of these destinations offers a wide variety of options when it comes to property investment. From second homes to pure investment properties, the choice is endless. Those looking to buy in Europe are able to enjoy the cheaper Euro at present, with Currency Index observing that the US Dollar’s recent gains have had a particularly beneficial effect on Euro rates, which are approaching their best levels since 2012.

For those looking to profit from property in the top winter sun destinations, here’s a quick round up of the best opportunities on offer.

Spain – Costa del Sol

Modern 2 and 3 bed apartments and penthouses in Avalon – Los Arqueros Golf, the best golf resort near Puerto Banus, are available from just €290,000 from Taylor Wimpey España. Large terraces, spectacular views, a communal pool and beautiful gardens make this the perfect family resort.

Balearic Islands – Mallorca

Taylor Wimpey España is offering just 24 luxury two bedroom/two bathroom apartments from €242,000 at Cala Anguila II.

Canary Islands – Tenerife

From land plots costing €95,000 for those with imagination and time on their hands, to key-ready, ultra luxe apartments for €483,000, property portal Kyero.com has something to suit every buyer.

Portugal – Algarve

Ideal Homes Portugal has properties ranging from Central Algarve studio apartments in Alvor, costing just €57,419, to a four bedroom villa in the prestigious Vale do Lobo golf community, available to anyone with a spare €11,000,000 to hand. This plot of land with delightful timber house, coming in at just €69,000, is particularly interesting.

Italy – Le Marche

Italy’s stunning Le Marche region offers a good value alternative to the cities and has everything from beaches to mountains with excellent skiing facilities. A one tenth share in the luxury fractional ownership holiday home, Casa Tre Archi from Appassionata, costs from as little as £65,000.

Florida – Orlando

Beautiful two, three and four bedroom investment homes are available from Brookes & Co at The Club at Sunset Lake, from just £96,950. The fully managed properties are close to Orlando’s major attractions and perfect for those looking for a rental property that provides long-term income.

The Caribbean – Grenada

High-end hotel suites for investment in Grenada are available from Property Frontiers and include four weeks’ personal usage, allowing investors to enjoy Grenada for themselves, as well as making money from average projected yields of 10.5%.

 

For more information on the properties detailed above, please contact:

Taylor Wimpey España: +44 8000 121 020 or www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Kyero.com: www.kyero.com

Ideal Homes Portugal: on +44 800 133 7644 or +351 289 513 434 or www.idealhomesportugal.com.

Appassionata: +39 33154 13225 or www.appassionata.com.

Brookes & Co: +44 1621 875 925 or www.brookesandco.co.uk.

Property Frontiers: +44 1865 202 700 or www.propertyfrontiers.com.

 

Pop to Portugal for some winter sun and pick up a property while you’re there

Pop to Portugal for some winter sun and pick up a property while you’re there

by Louise Portugal
  • Algarve averages temperatures of 12-19 C throughout the winter (holiday-weather.com)
  • 4 bed villa with pool, tennis court and grounds for just €975,000 (Ideal Homes Portugal)
  • Algarve boasts 300 days of sunshine per year, making it perfect for winter sun breaks

Whether it’s a long weekend to escape the stresses of work, or somewhere to bed down and hide away from the cold British winter, increasing numbers of house buyers are discovering that Portugal has the perfect property to offer them. Purchasers are picking up second homes to use in a variety of ways, both for personal usage and as a means of gaining rental income.

Many UK buyers turn to Portugal as a welcome way to feel the sun on their skin again as autumn begins to drift into winter. Temperatures in Portugal vary considerably across the country, so those looking for winter sun will want to head to the southernmost Algarve region. There, average temperatures range from 12 to 19 C (54 to 66 F) between October and April and the sun makes an appearance on most days – the Algarve is reputed to have 300 days of sunshine per year.

According to holiday-weather.com, the average sea temperature in the Algarve is still as high as 17 C (63 F) during November, making the area particularly popular with beach lovers. In fact, it only drops as low as 14C (57 F) in January and February, before rising again in March.

But the Algarve has a great deal more to offer than just beaches, as Chris White, Founding Director of boutique real estate agency Ideal Homes Portugal, observes,

“Portugal, and in particular the Algarve, has a surprising amount to offer those who head there for some winter sun. Championship-grade golf courses are dotted along the southern coastline and boast some spectacular views out over the sea, as well as some addictively challenging holes.

“The Algarve’s cities and towns are also well worth exploring extensively. The area has everything from large, newly built shopping centres packed with contemporary stores and brands to tiny little bakeries serving exquisite cakes that seem to have been tucked away in winding, cobbled side streets since the dawn of time.”

This mixture of old and new is characteristic of Portugal’s charms and offers an element of appeal that ensures that visitors of all generations can find themselves enchanted by the Iberian country. The cuisine is also a draw, with simple, peasant-food-style fish and rice dishes elevated to a new level by the careful use of herbs, spices and traditional cooking methods. Portugal’s emerging wine industry, which features an extensive range of offerings unique to within its borders – including some of the best green wines and rose ports to be found anywhere in the world – is another of the country’s attractions.

The prevalence of low-cost flights from the UK to Portugal, which SkyScanner lists from as little as £39, and the swift journey time (under three hours) mean that travelling there is quick and easy, another factor that has encouraged many families to choose Portugal as the location for their second home.

The property market, particularly in the Algarve, has turned a corner in past months, with buyers looking to pick up a bargain while prices are low. Many properties are particularly well suited to winter sun holidays, as well as summer entertaining, such as this four bedroom villa with pool costing €975,000 near the wonderful city of Lagos. The large BBQ area, pool and tennis court are perfect for sunny days, while the well-appointed interior and features such as a fireplace and corner spa bath make it ideal for winter breaks too.

For further details of properties currently available in Portugal, call Ideal Homes Portugal on 0800 133 7644 or +351 289 513 434, email enquiries@idealhomesportugal.com or visit www.idealhomesportugal.com.