When Luís Lima, president of the Portuguese association for real estate agents (APEMIP), spoke of a lack of high value property for sale in parts of the Algarve, he clearly hadn’t visited Meravista.com.
In his speech at the 2014 Salão Imobiliário de Portugal conference and exhibition in Lisbon earlier this month, the APEMIP president spoke of the success of the Government’s Golden Residence Permit Programme, but expressed concern over the lack of properties for sale in Lisbon, Cascais and ‘desirable’ parts of the Algarve priced at €500,000 or more - the minimum property investment required by a non-EU resident in order to secure a ‘Golden Visa’.
We can’t speak for Lisbon and Cascais, but, a quick search of Meravista.com’s property map tells a different story for the Algarve. In fact Meravista currently has a total of 3563 properties in its database valued at half a million euros or over, 75% of which are houses or apartments. What’s more, one third are located within the county of Loulé, which encompasses the elite Golden Triangle resorts of Quinta do Lago and Vale do Lobo.
As well as property in the better-known coastal resorts, there are many excellent homes priced over €500,000 in the hills and countryside around popular towns such as Tavira and Silves. That’s the beauty of Meravista.com: it lets you shop around in the comfort of your own living room, whether that living room be in Ireland, France or China.
So, is there a shortage of Golden Visa properties in the Algarve? We don’t think so!
If you’re searching for a Golden Visa property, check out these below, or go to the Meravista map, select €500,000 from the dropdown ‘price’ menu, zoom in on your preferred area and start viewing.
Luxury living in Lagos
This spacious and immaculately presented four bedroom property on the outskirts of Lagos is on the market for €995,000. It has many stunning features and is close to Boa Vista golf course and all main amenities.
Two for the price of one
This farmhouse-style property, in picturesque Vale Telheiro, comprises two separate houses with an inviting pool in the middle. It’s about 1.5km from the centre of Loulé and a short drive from beaches, golf courses and Faro Airport. A bargain at €590,000.
Haven in the hills
This restored and refurbished home is priced at €850,000. Located in the hills of Vale Formosa, close to Almancil, it’s only 5 minutes’ drive from restaurants and shops, 8 km from beaches, golf courses, Quinta do Lago / Vale do Lobo resorts and 15 km from Faro airport.
Shake hands with the celebrities
It’s all about location. This magnificent new home is in the sought-after Quinta do Lago resort – favoured by celebrities across the globe. It adjoins the Quinta do Lago golf course and has just about everything you could wish for, except maybe the €4.5m price tag!
*Based on Meravista’s database of 25063 properties. Correct at 22.10.14
**The properties featured in this blog were listed for sale on Meravista at the time of publication, but may have since been sold or removed from the website.
No shortage of Golden Visa property in the Algarve
by Almonds and Oranges
When Luís Lima, president of the Portuguese association for real estate agents (APEMIP), spoke of a lack of high value property for sale in parts of the Algarve, he clearly hadn’t visited Meravista.com.
In his speech at the 2014 Salão Imobiliário de Portugal conference and exhibition in Lisbon earlier this month, the APEMIP president spoke of the success of the Government’s Golden Residence Permit Programme, but expressed concern over the lack of properties for sale in Lisbon, Cascais and ‘desirable’ parts of the Algarve priced at €500,000 or more - the minimum property investment required by a non-EU resident in order to secure a ‘Golden Visa’.
We can’t speak for Lisbon and Cascais, but, a quick search of Meravista.com’s property map tells a different story for the Algarve. In fact Meravista currently has a total of 3563 properties in its database valued at half a million euros or over, 75% of which are houses or apartments. What’s more, one third are located within the county of Loulé, which encompasses the elite Golden Triangle resorts of Quinta do Lago and Vale do Lobo.
As well as property in the better-known coastal resorts, there are many excellent homes priced over €500,000 in the hills and countryside around popular towns such as Tavira and Silves. That’s the beauty of Meravista.com: it lets you shop around in the comfort of your own living room, whether that living room be in Ireland, France or China.
So, is there a shortage of Golden Visa properties in the Algarve? We don’t think so!
If you’re searching for a Golden Visa property, check out these below, or go to the Meravista map, select €500,000 from the dropdown ‘price’ menu, zoom in on your preferred area and start viewing.
Luxury living in Lagos
This spacious and immaculately presented four bedroom property on the outskirts of Lagos is on the market for €995,000. It has many stunning features and is close to Boa Vista golf course and all main amenities.
Two for the price of one
This farmhouse-style property, in picturesque Vale Telheiro, comprises two separate houses with an inviting pool in the middle. It’s about 1.5km from the centre of Loulé and a short drive from beaches, golf courses and Faro Airport. A bargain at €590,000.
Haven in the hills
This restored and refurbished home is priced at €850,000. Located in the hills of Vale Formosa, close to Almancil, it’s only 5 minutes’ drive from restaurants and shops, 8 km from beaches, golf courses, Quinta do Lago / Vale do Lobo resorts and 15 km from Faro airport.
Shake hands with the celebrities
It’s all about location. This magnificent new home is in the sought-after Quinta do Lago resort – favoured by celebrities across the globe. It adjoins the Quinta do Lago golf course and has just about everything you could wish for, except maybe the €4.5m price tag!
*Based on Meravista’s database of 25063 properties. Correct at 22.10.14
**The properties featured in this blog were listed for sale on Meravista at the time of publication, but may have since been sold or removed from the website.
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