Property in Tavira
The property market in Portugal has been stable for the last 20 years, but property in the Algarve represents the country’s investment flagship. Indeed, property prices in the Algarve have increased by 25 to 50 per cent over the last three years. They continue to rise. And then there are the corresponding rental yields. Whichever way you look at it, property investment in the Algarve equals high return.
The increasing demands of the tourist industry in Tavira are very much in evidence. The once fairly rural and undeveloped surrounding areas of the town are making way for the opening of golf courses, and house prices have increased sharply. The town attracts visitors of many nationalities. Property in Tavira is relatively well priced for the Algarve and, given the steadily rising visitor inflow, property in Tavira offers lucrative buy-to-let prospects.
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