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Fine & Country Portugal opens office in Albufeira

Wednesday 27th January 2016

December 2015 saw Fine & Country open its ninth Portuguese office in Albufeira, joining other offices in Lisbon, Cascais, Comporta and six locations along the Algarve.
 
Albufeira is the Algarve’s most popular destination, famous for its beaches and nightlife, and a hub for tourists.
 
The city also contains a luxury property market, especially to the west near Galé, close to where the estate agent’s new office is located. Celebrities such as Cliff Richard and Bonnie Tyler have purchased property in the surrounding areas. 
 
The property outlook for the area is also promising, especially due to the NHR tax regime attracting retirees from Northern England. 
 
House prices in the area have also stabilised in recent years, with a 5% growth expected in 2016. Properties range from €200,000 for an apartment, to €5m for a luxury villa. 
 
Zoie Hawker, Fine & Country Algarve commented on the prominence of UK buyers in the Portuguese market: “The Fine & Country brand is well known by British people looking to buy abroad and the UK is one of our most important markets.”


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Editorial Contact Details - Conor Shilling
conor.shilling@angelsmedia.co.uk
0845 672 6000
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