Useful facts about the Algarve

The Algarve has been a very popular region for buying a (second) home for years and is still growing in popularity. The friendly climate i sone of the most important things for this. Also for investors who are looking to buy an investment in real estate this is quite useful. Due to the warm climate all year round, the yield you can get on your investment is quite interesting.

1. The sunniest place of Europe

The climate of the Algarve is Mediterranean, with warm summers and mild winters. In the Algarve there is about 3,000 hours a year of sun shine. Thus it belongs to the sunniest regions in Europe. In March the daytime temperatures average 18 to 21 degrees, with outliers to even 25 degrees.

2. Sandy beaches and rocky coastlines

The Algarve is renowned for its particular coastline, with dramatic cliffs and beautiful White sandy beaches. This region has much natural beauty to offer, especially in the spring, if the whole Algarve is in bloom. In March the first flowering orchids, oleander, camellias and other flowers appear. Spring give the nature in the Algarve even more color than usually.

3. High security and safety level

With astonishing low criminal events, the Algarve is a very safe region to live. Portugal has been in the top 3 of most safest countries in the world, according to the Global Peace Index., for many years. Also Forbes magazine published an article written by American Kathleen Peddicord, an authority in the field of overseas investment, in which they chose the Algarve as best place to invest post COVID-19 (read full article here). 

4. Booming property market

Property in the Algarve has never been more popular. Where the wealthy people used to buy their properties in the Golden Triangle before, now they came to realize that you don´t want to be in such a manicured fake township. The new investors are looking to invest in a property where they can be part of a community. Popular areas are Albufeira, Vilamoura and Loulé. WESTMARK offers a portfolio of properties in these areas, and we love to show you around.

5. Faro International airport

The Algarve is easy reachable by airplane. The Faro international airport is located just a few kilometres outside the Centre of Faro and within 1 hour you reached the far western point of the region. Every year, millions of tourists from around the world use of this centrally located airport, among other things from England, Ireland, Netherlands and Germany. Soon there will be a direct connection with US airports which makes The Algarve even more attractive for US investors, who are looking to buy a property in the Algarve!