Rightmove shares their top 3 Algarve property hotspots after Portugal enquiries surge

When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time.

Portugal was just one of 12 countries and territories included on the UK Government’s green list of countries last month. The good news resulted in a massive surge British house hunters looking to buy a home there. The UK’s largest property site, Rightmove, found that there was a 37 percent increase in the number of house hunters contacting estate agents in Portugal.

The site compared the three weeks before Portugal was added to the green list with the three weeks after the country was confirmed to be on the green list.

The Algarve is one of the most popular areas to buy a property in the country.

The country’s southernmost region is known for its beautiful beaches, fishing villages and golf resorts.

Now, Rightmove has named the top three areas that have been the most popular with Britons looking to buy a home there:

Vilamoura

Vilamoura is the most popular destination for buyers, according to Rightmove.

The resort is on the coast and has a large marina, a sandy beach and lots of golf courses.

Located close to both Albufeira and Faro, the resort has plenty of surrounding activities.

The small fishing village of Olhos de Água can be reached via Falésia Beach which has red cliffs lining it.

DON’T MISS
Burger King worker told uniform ‘too distracting’ for woman’s husband [INSIGHT]

Rightmove names the six most ‘sought-after’ spa towns [UPDATE]
Cornwall home narrower than London bus is on the market for £429k [ANALYSIS]

A family villa will cost you €875,000 (£752,124)) on average but, according to Rightmove, Vilamoura is the most expensive of the three locations.

Listings on Rightmove range from a three-bedroom villa near the Millennium Golf Course for €600,000 (£515,742.00) and a two-bedroom apartment for sale located a short walk away from Vilamoura marina for €425,000 (£365,317).

Albufeira

Albufeira is the second most in-demand destination in Portugal.

The resort has an abundance of apartments which are the most popular property type for a holiday home.

The average asking price for a one or two-bedroom apartment is around €150,000 (£128,935).

The coastal city is a former fishing village with white sandy beaches and a bustling nightlife.

The resort’s brightly coloured apartments and waterfront promenade make it vibrant compared to some of the surrounding sleepy villages.

Carvoeiro

Carvoeiro is the third most popular destination for a holiday home, according to Rightmove.

The town is home to golden beaches, natural scenery and lots of charm.

If you like outdoor activities, then Carvoeiro is the place for you with lots of hiking trails, boar tours and water parks.

A family villa in this incredibly popular holiday destination costs €677,222 (£582,120) on average.

Currently, you can buy a newly refurbished two-bedroom apartment with a large terrace just 100 metres from the beach for €230,000 (£197,701).

Or, a lovely three-bedroom villa with a pool in Vale de Milho village for €635,000 (£545,827).

Source: Read Full Article