Leading holiday home insurance provider Towergate Connect provide advice on what to look for when purchasing a holiday home in the Algarve.
Over 200,000 Brits already own property in Portugal, many of them in the Algarve. The Algarve has something for everyone - bask on its glorious beaches, explore the hills and countryside, take in the rich culture or enjoy the wonderful cuisine.
The Eastern Algarve has seen an abundance of new property developments in recent years, and many of these have been focussed around the charming town of Tavira. The old town is quaint and authentic, perfect if you’re looking for a property with character. Make sure you visit the site in person as many developments are still unfinished.
If you want the beach but want to avoid tourists, Aljezur on the West coast of the Algarve is less developed. The wild and rugged coastline is popular with surfers, but you’ll find it is less sheltered, meaning blustery weather at times. It is beautifully unspoilt and the Costa Vicentina national park is close by.
Also on the west coast, Vilamoura has it all: world-class golf, fine dining, nightlife, a beautiful beach, excellent shopping, and of course the illustrious marina, ideal for strolling, people watching and taking in the scene.
If you’re looking for an authentic Portuguese town, Loulé has become popular with those seeking a quieter location, yet within easy reach of the coast and the airport at Faro. Many properties on the outskirts of Loulé have wonderful views of the surrounding hills. In the town itself the markets are a highlight and leather goods and pottery are generally high quality.
Lagos has something for everyone. Street performers wow you with their dazzling acts and the old town is a maze of cobbled pedestrianised streets perfect for exploring. Take a boat trip at Ponta da Piedade and see the incredible rock formations. The town has lots of character and there are plenty of individual older homes as well as some plush new developments.
Almancil is the nearest town to the exclusive resorts of Quinta da Lago & Vale do Lobo. Almancil has plenty of restaurants and amenities. Few people own holiday homes in Almancil, preferring the luxury resorts on the coast and golf courses, but many ex-pats live and work here.
The most popular holiday hotspot in the Algarve is Albufeira. The beaches are glorious, if crowded in high-season and there are plenty of wonderful restaurants. The old town is recently refurbished and very pretty, but also very touristy with lots of gimmicky bars and shops. The new town is famed for its ‘strip’, with plenty of lively clubs and bars. There’s so much supply when it comes to holiday properties, you can often negotiate on price here.
Wherever you decide to buy, remember that your holiday home is a retreat where you can relax and unwind. Make sure you protect it with appropriate holiday home insurance. Towergate Connect offer quality holiday home insurance, and all overseas policies come with our interpreting service, overseas assist as standard, to give you extra peace of mind in the event of an emergency.