Mclaren Investment Property

Portugal's Blue Coast Tipped As Investment Hotspot.

As Portugal becomes a more popular choice for UK investors the Blue Coast is tipped as a property hotspot for 2008. Just 20-minutes away from Lisbon it is great place for city breaks as well as beach holidays, and prices are often half of what you would pay in the Algarve.

This favoured location is ensuring demand on the Blue Coast is soaring, yet with a lack of high quality properties available, property price continue to rise. Therefore, investors are assured of strong rental opportunities and excellent growth in property value.

Why Invest in Abufeira?

The town and municipal area of Albufeira come under the jurisdiction of the district of Faro in the province called the Algarve, on the south coast of Portugal. It covers an area of approximately 140 km² with more than 30.000 resident inhabitants.

Today, the Algarve is a favourite holiday destination, being famous for its beautiful beaches, amazing countryside, vibrant nightlife, splendid golf courses, excellent hostelries, culture and popular customs, and the friendly charm and welcome of its people. The wonderful climate, warm and sunny all year round, gives visitors the opportunity to enjoy a wide variety of sport, cultural and leisure activities.

In the middle of the 19th Century, the fishing industry did much to revive the economy of the town. The export of fish and dried fruit were the principal means of income for the region.

Tourism began to flourish from the 1960’s and gave a breath of fresh air to the local economy. As Albufeira grew, so it became a “city” in 1986 and continues to evolve and expand even into the present day. Thanks to an ever-growing tourist industry, it has become one of the most desired holiday destinations in Europe.

In order to cope with the growing needs of the Tourist industry, Albufeira was obliged to overflow its historical urban boundaries into the surrounding countryside in order to build the necessary quality accommodation and install the accompanying luxury services they require. Montechoro, Areias de São João and the famous Oura now became new centres of attraction for visitors. The recent completion of the Albufeira Marina has extended the town’s urban development from its eastern side over to Galé and Salgados in the west.

The borough of Albufeira receives a considerable percentage of the 5 million tourists who visit the Algarve annually. The frenetic summer season now extends into the rest of the year, for visitors of all ages and from all over the world.

Its extraordinary climate, with more than 3000 hours of sunshine per year, and the friendly charm of its people persuade many foreigners to move residence to the region, either temporarily or permanently. We find more and more people select Albufeira as their favourite destination because of its multiple attractions,

• The lively and social nightlife
• The beautiful beaches
• Varied water sports
• Golf courses
• The local cuisine
• Glorious countryside
  

The quality and safety of Albufeira's beaches has been rewarded with a high number of Blue Flags and is maintained, year after year, with great dedication and effort.

The criteria for a beach to obtain the Blue Flag are:

• Environmental Education and Information
• Water Quality; Environmental Management
• Safety and Services
  

So whether you want an investment property, holiday home or to re-locate Albufeira caters for all.