Algarve – Algarve
Portugal is not just a region Lisbon or Porto. The real estate investor in Portugal should also get to know the Algarve region.
Algarve, Algarve, is a beautiful region in southern Portugal, located on the coast of the Atlantic Ocean and where the most southwestern point of Europe is located. It can be defined as a masterpiece of nature. It is blessed with breathtaking views, amazing beaches with crystal clear waters and a great Mediterranean climate.
This sunny region is incredibly beautiful and diverse. It has a lot to offer. Therefore, it is a great destination for tourism and recreation. Every year, the tourists and vacationers who discovered this wonderful area crowd it in droves and enjoy a perfect vacation that appeals to a wide range of people. They can choose the style that suits them, action and extreme sports or maybe belly-back. The tourist options are many and allow everyone to plan the ideal destination and season for them.
At the various resorts, vacationers and tourists have at their disposal a variety of fun activities and attractions such as: water parks and amusement parks, golf and mini golf, jeep tours, beach cruises, hiking trails, hot springs, go-karting, water sports, lively nightlife and summer parties. Also, there are calm and small places with a pleasant atmosphere and they are an ultimate place to rest.
The main tourist season is from May to the end of September when the weather is suitable for spending time at the beach. Naturally, the peak of the season is in the months of July and August. But the months of October and November are also sought after mainly by tourists from Northern Europe who are looking for comfortable weather.
The coastline of the Algarve region lies on the banks of the Atlantic Ocean and is 150 km long.
On the spectacular beaches created by nature you can wash your eyes in large lagoons, beautiful coves, impressive cliffs, mangroves and caves. And also in the places where the mountains touch the water line and the rocks enter the sea water.
The beaches of the Algarve are considered the best in the world. The pristine, sandy, golden beaches, as well as the hidden and isolated ones, enhance the holiday experience in the coastal strip. Boating lovers will find many marinas in the area. Nature lovers will discover parks and nature reserves. On a trip in the mountainous region, you will encounter orchards, forests of chestnut trees and also olive and carob trees.
Ancient cities, historical sites, port cities, calm and beautiful coastal towns, picturesque fishing villages, small villages and harbors, all of these expand the mind and contribute to the wonderful tourist experience.
The Algarve is a real tourist gem and the prices are very reasonable as in all of Portugal.
Along the entire beach, there is a wide selection of accommodations available for rent for tourists and vacationers. Kit houses, vacation apartments, guest houses, camping, etc. Also, quality hotels at different levels and at fair prices. Restaurants, cafes and bars are often spread throughout the area.
Faro is the capital city of the province and has an international airport. However, there are no direct flights to it from Israel. Therefore, you can get to Algarve from Lisbon (to which there are direct flights from Israel) by car or train.
Investors real estate in Portugal are interested in the area due to the tourism boom sweeping it. Property prices are attractive and the investment is worthwhile in light of a good return in the tourist season. Naturally, real estate investments in the Algarve will tend towards tourism and hospitality. You can find apartments, holiday apartments, villas, farms and more in the area.
In 2019, about 5 million foreign and local tourists visited the Algarve, an increase of about 7.5% from the previous year. About 4.4 million people passed through the Faro airport. The hotels also showed a nice increase and the region reached historical figures of about 21 million overnight stays and an income of about 1.23 billion euros.
Most tourists come from Great Britain (more than a million), Germany, Spain, the Netherlands, Ireland and France. And recently we also see an increase in the number of tourists from Italy, Brazil and the USA.