No Brexit blues for Ideal Homes International as overseas property agency expands 50%
- Ideal Homes International team expanding from 50 to 75 staff in 2016
- Portuguese prices have risen for 10 consecutive months (RICS/Ci)
- 55% of Lisbon properties now selling in less than 6 months (Confidencial Imobiliário)
Leading Algarve real estate agency Ideal Homes International has been enjoying a spectacular summer. In fact, the whole of 2016 has been positive, according to Founding Director Chris White, whose team is on track to grow by 50% over the course of the year.
With an already large roll call of 50 at the start of 2016, Ideal Homes International has enjoyed a bumper year so far. The company’s mix of residential, commercial and ultra-luxurious overseas properties has proven so popular with buyers from the UK, Ireland, Portugal and elsewhere, that the team is set to reach 75 staff by the end of 2016.
Portugal’s housing market is enjoying a sustained recovery, with buyers newly confident about its longer term prospects. Prices have risen for 10 consecutive months according to the latest RICS/Ci Portuguese Housing Market Survey. Meanwhile a new report from Confidencial Imobiliário has highlighted growing demand in the capital: more than half of the homes in Lisbon (55%) have taken less than six months to sell. Around 20% of homes sold in less than three months.
Down in the Algarve, the market has certainly been buoyant over the summer, with Ideal Homes International taking on 10 new staff in the last two months alone. From exquisite villas, such as this spacious, light-filled villa with pool for €1.4 million in Loulé, to countryside retreats such as this villa with stables, paddocks and pool for €980,000 in Lagoa, the region is awash with stunning properties that make the most of the Algarve’s fantastically sunny climate.
Chris White comments,
“It’s been a great year for the Portuguese housing market with strong demand from both domestic and international buyers. We’ve definitely not seen any ‘Brexit blues’ so far as buyers from the UK are concerned. Portugal’s winning combination of sun, sea and sand – plus great golf, waterparks, beautiful mountains and food – continues to strike a chord with those looking for the perfect holiday home just a short hop from the UK.”
Nor is Portugal the only market that the Ideal Homes International team is focusing on. Seafront apartments with generous pools and city apartments close to the beach in Spain have been selling well all year, while other global markets are being considered by the team.
“We’re getting very close to adding a fantastic new location to our offering and opening up another market to our buyers in the UK, Ireland and elsewhere” is all that White will reveal. “Watch this space for further news!”
With 75 staff in place and a new country on the horizon before the end of 2016, it will be exciting to see what more the Ideal Homes International team achieves over the course of 2017.
For further details call Ideal Homes International on 0800 133 7644 or +351 289 513 434, email info@idealhomesinternational.co.uk or visit www.idealhomesinternational.co.uk.