Meravista’s latest Algarve property market survey reveals that there has been a recent change in trend and that house prices, on average, are on the up across the region.
That’s great news for vendors, but not such hot news for buyers looking to invest in a low-priced property. But bargain hunters don’t despair;there are still some unbelievable price reductions and fantastic deals to be had. We’ve collected a few in our bargain bucket.
These apartments would make ideal holiday homes or excellent investments if you’re thinking of buying to let.
Frontline sea views in popular resort
Reduced by almost 20% - €210,000 to €170,000
This one bedroom apartment in Quarteira is in the perfect holiday spot. Only a few steps away from thebeach, it’s situated on the pedestrian promenade and has shops, restaurants and cafés just around the corner.
Surrounded by a 27 hole championship golf course and set in a private condo with fantastic facilities, this south-facing, modern, two bedroom apartment is a golfer’s dream. Every holiday luxury you could wish for is onsite, including a fabulous 5 star spa, shops and restaurants, and it’s just minutes from the beach too.
Unbelievable value in east Algarve - €350,000 to €260,000
Reduced by 26%
This five bedroom three-bathroom luxury apartment, close to Tavira town centre, is a snip at €260,000. Finished to a high standard it offers allocated underground parking and a roof terrace with sea views.
This brand new three bedroom penthouse is in a prime holiday spot in Lagos. It has spectacular sea views, a communal pool, underground parking and, what’s more, it comes fully furnished and ready to enjoy.
Next into our bargain bucket is this selection of houses and villas, across a broad price range, which represents a few of many remarkable buys to be found across the Algarve.
The perfect family home or investment property
Reduced by over 50% - €495,000 to €245,000
It’s not often that you’ll find a property price slashed by over 50%. “What’s wrong with it?” we hear you ask. Well, as far as we can see, everything’s right with it! Finished to a high standard, it’s set in a landscaped plot in a great location. It has four bedrooms and four bathrooms, a heated pool, underfloor heating and air conditioning. Perfect as a permanent residence or a holiday home;good rental potential too.
This four bedroom house has bags of potential. Located in a quiet area on the edge of the town of São Brás, with good country views, it has a large swimming pool formed from a natural lake and a guest apartment on the first floor. The third bedroom could also easily be converted into a separate studio.
This newly-built, five bedroom, five bathroom villa, is just minutes from the beaches and the centre of Albufeira. The property has a private terrace which looks over the communal pool and the three main bedrooms each have their own large balcony, from which panoramic and sea views can be enjoyed.
The ultimate in energy efficiency on the west coast
Reduced by over 30% - €1,1m to €750,000
Another amazing reduction. This superbly finished villa on the Algarve’s west coast, has been built to a peerless energy-efficient specification. Located on a large plot, with sweeping views to the traditional village of Barão S. Miguel and the wooded hills beyond, it has a heated saltwater pool set in mature, landscaped gardens. Its unique design features a detached annexe; ideal for guests.
There are also several plots of land for sale which have been reduced in price. So if you’re thinking of building your own home in the sun, look for the bargains and save your budget for the construction.
Stunning plot with approved project
Reduced by 50% - €300,000 to €150,000
Getting planning permission in Portugal can be a lengthy process, so buying land with building approval already granted, can save a lot of time, money and effort. Have a look at this 7.000m² plot in an exclusive location near Loulé, with fantastic sea views. It has a project approved for a four bedroom villa with pool and is on offer for half its original price,
If you’re considering starting up business in the Algarve, there are some great opportunities to buy commercial premises at today’s low prices.
Be your own boss in this holiday hotspot
Reduced by almost 20% - €770,000 to €625,000
This beautiful Quinta on the outskirts of Carvoeiro has excellent commercial potential. With up to 10 bedrooms, it would make an ideal boutique hotel or a stylish B&B. It has easy access to beaches, shops, restaurants, golf courses and other amenities. If you want to live and work on site, the property could easily be divided to provide an independent residence for the owners.
There are so many reduced prices properties to choose from right now, you’re bound to find one that’ll help you make your budget go further. Start your own search here.
Meravista’s Bargain Bucket
by Almonds and Oranges
Meravista’s latest Algarve property market survey reveals that there has been a recent change in trend and that house prices, on average, are on the up across the region.
That’s great news for vendors, but not such hot news for buyers looking to invest in a low-priced property. But bargain hunters don’t despair;there are still some unbelievable price reductions and fantastic deals to be had. We’ve collected a few in our bargain bucket.
These apartments would make ideal holiday homes or excellent investments if you’re thinking of buying to let.
Frontline sea views in popular resort
Reduced by almost 20% - €210,000 to €170,000
This one bedroom apartment in Quarteira is in the perfect holiday spot. Only a few steps away from the beach, it’s situated on the pedestrian promenade and has shops, restaurants and cafés just around the corner.
To view this property click here
You’d have to go a ‘fairway’ to beat this bargain
Reduced by almost 20% - €320,000 to €260,000
Surrounded by a 27 hole championship golf course and set in a private condo with fantastic facilities, this south-facing, modern, two bedroom apartment is a golfer’s dream. Every holiday luxury you could wish for is onsite, including a fabulous 5 star spa, shops and restaurants, and it’s just minutes from the beach too.
To view this property click here
Unbelievable value in east Algarve - €350,000 to €260,000
Reduced by 26%
This five bedroom three-bathroom luxury apartment, close to Tavira town centre, is a snip at €260,000. Finished to a high standard it offers allocated underground parking and a roof terrace with sea views.
To view this property click here
Prime location penthouse
Reduced by over 20% - €325,000 to €258,000
This brand new three bedroom penthouse is in a prime holiday spot in Lagos. It has spectacular sea views, a communal pool, underground parking and, what’s more, it comes fully furnished and ready to enjoy.
To view this property click here
Next into our bargain bucket is this selection of houses and villas, across a broad price range, which represents a few of many remarkable buys to be found across the Algarve.
The perfect family home or investment property
Reduced by over 50% - €495,000 to €245,000
It’s not often that you’ll find a property price slashed by over 50%. “What’s wrong with it?” we hear you ask. Well, as far as we can see, everything’s right with it! Finished to a high standard, it’s set in a landscaped plot in a great location. It has four bedrooms and four bathrooms, a heated pool, underfloor heating and air conditioning. Perfect as a permanent residence or a holiday home;good rental potential too.
To view this property click here
Fantastic potential
Reduced by 24% - €395,000 to €299,500
This four bedroom house has bags of potential. Located in a quiet area on the edge of the town of São Brás, with good country views, it has a large swimming pool formed from a natural lake and a guest apartment on the first floor. The third bedroom could also easily be converted into a separate studio.
To view this property click here
New stylish home in top holiday destination
Reduced by almost 10% - €750,000 to €680,000€
This newly-built, five bedroom, five bathroom villa, is just minutes from the beaches and the centre of Albufeira. The property has a private terrace which looks over the communal pool and the three main bedrooms each have their own large balcony, from which panoramic and sea views can be enjoyed.
To view this property click here
The ultimate in energy efficiency on the west coast
Reduced by over 30% - €1,1m to €750,000
Another amazing reduction. This superbly finished villa on the Algarve’s west coast, has been built to a peerless energy-efficient specification. Located on a large plot, with sweeping views to the traditional village of Barão S. Miguel and the wooded hills beyond, it has a heated saltwater pool set in mature, landscaped gardens. Its unique design features a detached annexe; ideal for guests.
To view this property click here
There are also several plots of land for sale which have been reduced in price. So if you’re thinking of building your own home in the sun, look for the bargains and save your budget for the construction.
Stunning plot with approved project
Reduced by 50% - €300,000 to €150,000
Getting planning permission in Portugal can be a lengthy process, so buying land with building approval already granted, can save a lot of time, money and effort. Have a look at this 7.000m² plot in an exclusive location near Loulé, with fantastic sea views. It has a project approved for a four bedroom villa with pool and is on offer for half its original price,
To view this property click here
If you’re considering starting up business in the Algarve, there are some great opportunities to buy commercial premises at today’s low prices.
Be your own boss in this holiday hotspot
Reduced by almost 20% - €770,000 to €625,000
This beautiful Quinta on the outskirts of Carvoeiro has excellent commercial potential. With up to 10 bedrooms, it would make an ideal boutique hotel or a stylish B&B. It has easy access to beaches, shops, restaurants, golf courses and other amenities. If you want to live and work on site, the property could easily be divided to provide an independent residence for the owners.
To view this property click here
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There are so many reduced prices properties to choose from right now, you’re bound to find one that’ll help you make your budget go further. Start your own search here.
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Brought to you by Meravista – the place where smart people search for Algarve property for sale.