It depends what you look for? Much of what you say is true and also what other persons here says. This is for me a question of "personal point of views". No matter how much we discuss this it will always come down to "what are the buyer looking for?" When we say "the best investment" it is not about what part of Portugal (or anywhere else in Europe) you choose, it is property+price that will make it to a good or a less good investment. The trick is of course to know, what is the right price?
If we talk about other issues like climate, temperature in the ocean, facilities etc that is strictly personal oppinions and up to what the client looks for in his/hers home/holiday home.
Marketing in all respect and to promote the area we are working in that is our job, but if it is better or worse that other areas is totally up to the one who finally make the investment.
Some of the points I have when it comes to the Algarve contra Northern Portugal:
The climate - which is (for me) superior to the Northern part of Portugal (Winter time especially),I have family up there and it is my personal oppinion cause I like less rain and warmer climate. The Summers in Algarve can be hot, but not as hot as in Spain, the evenings are allways fresh (thanks to the Atlantic).
The Sea - When I am up in the Northern part (Silver coast),usually there are not many people in the sea and I understand why (exept Surfers). Here in the Algarve we have a longer season and the temperature is ok. There are other issues with bathing in the sea up there as well, but we do not need to go in on that.
Living Prices - is equal and can be more expensive in the Lisbon coast, on the Silver Coast or on the Algarve Coast, depending where you go. The experience I have is that if I go 10-15 minutes drive from the coast I have easier to find lower prices in the Algarve than for example Lisbon Coast. Loulé in Algarve you can find very good Restaurants and have a meal for two persons including wine for approx 24 Euros, that is not expensive. (personal oppinon).
Prices on properties: If only comparing property to property, you get more for your money in teh Silver Coast, but if it is a good investment or not, that can only the future tell. All will depends on how the market will continue developing, how many Hotels there will be built and of course what people will like in the future? Will they be prepered to pay the same price on the SIlver Coast as in the Algarve? One of the main reasons till why they do good selling up there is cause of the low prices compared to Algarve (personal oppinion).
Facilities - Here I would definitly put Lisbon Coast on the top, cause of all the things it has to offer. Algarve and teh Silver Coast is not much more than Golf, Water Parks and the Beach. (Have to admit that the Winyards up there is interesteing, but we also have Alentejo down here).
Availability - If it is from UK or Ireland the Algarve has very good connections, with many flights and airports to choose from. I think Algarve loose a bit if we look on other countries, especially the Scandinavian countries that has better connection to Lisbon than Faro (direct)
There are probably much more to say and many will have other oppions, but that wil only prove that this is what it comes down to in the end when choosing a property "personal oppinion"
Now it is just to convince people that this is the right time to buy no matter where they feel more "home"
Cheers
Stefan
Hi there,
I continue thinking that the best property investment regions in Portugal are still the Silver Coast, Lisbon Coast and Central Portugal, though we have also a real estate agency in Algarve.
The prices are still very affordable and the climate is excellent - not comparable with the Algarve (at least during July and August),as the maximum temperatures will never go up to the level of the Algarve.
Most of our clients prefer the Silver Coast etc. due to te fact that you have mild winters, beautiful spring and autumn weather and a moderate temperature in the summer. The restaurants are excellent and cheaper than in Algarve and the offer of activities is very large.
But, if you are looking for very high temperatures and a warm ocean, there is nothing comparable to the Algarve.
Antonio
gmail
