This wonderful city offers beautiful beaches and a diversity of entertainment with high quality leisure. Among the various tourist attractions and activities we highlight the Portimão International Race Track, meets the international standards and features during the year several events of international relevance in addition to offering racing school. Karting track and dirt track are also available at this beautiful racetrack. It should be highlighted that golf is in the spotlight in this beautiful city that offers at least five golf courses. Let’s not forget the tennis clubs and so many other sports activities are easily found in this city that is considered the European city of sports.More...
Cinemas, theaters and a high standard of cuisine are also part of Portimão's attractions. With all this, Portimão still has to be considered one of the lowest cost of living in Portugal. That is why, it is easy to understand that living in Portimão, or at least spending vacations, is the wish of many in this respect and in addition to a satisfactory hotel chain there is the possibility of annual or temporary rental. Of course, acquiring real estate for housing is an excellent investment.More...
In Portugal, buying a property for renting provides excellent profitability.
It is well known that Portugal has stood out as one of the best places in the world to live, even after retirement. It was also elected as one of the best real estate markets for investors looking for profitability from renting and valuing the property.
It should also be noted that Portugal offers returns in strong currency (Euro) above the European Community average and with a low risk profile.
For the rent, we can mention the following points: Low fixed cost; Simplified tax system; Low default rate.
For the valuation of the property we highlight: Customers with high purchasing power, Incentive programs, v.g, GOLDEM VISA; Superior demand to the offer.
Another fact to be observed is that the total return of the investment must be considered by combining the profitability of the rental with the capital gain, or appreciation of the property.
In the Algarve, this return easily surpasses the level of 10.5%. If well planned, investing in property in the ALGARVE is an excellent option.
While low and medium risk investments in fixed income assets generate interest of around 3.55% per year in Europe, properties in the ALGARVE can provide a total return of over 10.5% per year.
The owner can also have one more option to enjoy his / her vacations in Europe.
We at UNU ATLANTIC, a company of the UNU Network, 100% Portuguese, we have extensive knowledge of the local real estate market and are we able to provide you with all the advice you need to acquire your property in the ALGARVE/Portugal.
We have a highly qualified team to deal with bank loans as well as all necessary documentation for the acquisition of real estate besides the total management of your new property.
UNU ATLANTIC - Your real estate agency in the Algarve.More...