Tavira Property: The Wonderful Eastern Algarve
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Eastern Algarve, Portugal is home to a historic town known for the art, culture and architecture that have been put into place down through the ages of time. There are thirty-seven churches, 18thcentury buildings and a Roman bridge that links the two halves of the town across a river. The famous church of Santa Maria do Castelo holds Dom Paio Peres Correia and seven of his knights. This town is ripe for property investments to include properties such as Luxury villas to apartments that cover prices from 100,000 to two to three million Euros.
The surrounding area of Tavira is ripe for construction and investment properties as well as residential living because it is rural and has many undeveloped properties. This is a prime investment period due to golf courses opening in this area and there is the wonderful and scenic beach area that can be reached by ferry. The year around warm weather makes this area a perfect vacation and retirement spot for people around the world.
Cost of living
There are many economic reasons why Tavira property offers investors such a potential market. Portugal brags one of the lowest costs of living in the EU, even though prices are slowly sneaking up as Portugal standardizes its tax policies aligned with the rest of the EU. In the prevailing time, per capita income has risen from around half the European average to over 75% and this figure continues to climb. As a result, the cost of keeping up and managing your property is relatively low. It is little surprise that Portugal has enticed some 100,000 British second home owners and it preserves its great attractiveness as an émigré retirement haven. This community is building and will continue to grow as the area incorporates more facilities and services for the retirement sector.
Booming property market
The emerging trend of investment into promising markets in this area that is lesser discovered than other areas of Portugal are realizing prices that are about forty percent lower than on the Algarve and is now offering concentrated investment growth potential. Entrepreneurs will find this a land of opportunity and promise. This is an investment that is too solid to pass up. Creating a business here is only going to grow in the future as the world markets stabilize. The azure skies, sapphire blue waters and year around warm climate will turn this little known area into one of the largest tourist attractions in Portugal. Your future investment will give you returns that are steady, secure and life-long. Contact us now to arrange to discuss your Tavira property investment today and secure your place in the sun for your secure property investment opportunities.
The new market for property for sale in Tavira is coming from the support industry for tourism. This area of business grows rapidly due to the influx of tourists who come for the golf tournaments, corporate getaways, and the growing attractions in the area. This influx of people who are looking for semi-permanent accommodations as they conduct their business or enjoy the beachfront playgrounds means an influx of revenue for those who own this type of Tavira property.
For more information on Tavira property contact the Portugal Property team today.
Call free on:0800 014 8201 or send your emails to info@portugalproperty.com
Published in: Property for sale in Portugal