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Why is the Algarve a popular choice for foreign investors looking to buy property?

Wondering why the Algarve is such a popular choice for foreign investors looking to buy property? This stunning region of Portugal captivates international buyers with its breathtaking landscapes, favourable climate, and exceptional lifestyle offerings. The Algarve boasts an array of properties suitable for every type of buyer, from holiday homes to permanent residences, making it an attractive investment destination.
One of the key draws is the region's appealing quality of life, featuring gorgeous sandy beaches, outdoor activities, and diverse cultural experiences. Additionally, the Algarve is easily accessible via Faro International Airport, making travel convenient for both residents and visitors. Its friendly local community and the hospitable nature of the Portuguese people intensify the overall allure for foreign buyers.
The investment potential is further enhanced by opportunities such as the Golden Visa programme, which offers residency to non-EU citizens who invest in property. Furthermore, the Algarve’s real estate market is known for its strong rental yields, making it a wise choice for investors seeking lucrative returns. The rising demand for properties signifies a robust market that is continuously expanding.
Partnering with a trustworthy real estate agency like Togofor-Homes ensures that you have access to a range of properties that can provide significant long-term value. Don't miss out on the chance to invest in one of the most sought-after locations in Europe. Contact us today to learn more about buying property in the Algarve!

Thursday, 20 July 2017 - Press
Why is the Algarve a popular choice for foreign investors looking to buy property?

Togofor-Homes is a multilingual real estate agency that has successfully sold properties throughout the Algarve for the last 12 years. Togofor-Homes is not a local agency and also not a franchise company.

Togofor-Homes real estate agency chose the cosmopolitan and safe Algarve region due to the main attractions of this southern province of Portugal: clean and safe beaches, many with Blue Flag, its exceptional weather throughout the year and the endless possibilities to practice golf or other sports and leisure activities. “The friendly Portuguese locals are welcoming and eager to speak foreign languages. Their lifestyle, with good entertainment, delicious food, especially fresh fish and superb national wines all combine to make a great impression on our worldwide clients”.

In addition, the Algarve offers a diversified program of tax advantages for European and non-European clients who can benefit from “Golden Visa” or “non-resident” status. International investors are attracted by the beauty and safety of the Algarve region, coupled with the fact that it is an easy destination to reach through the international airport in Faro, which, according to this real estate agency, “has been continually being improved according to the growing needs and inflows”

Founded in 2005, Togofor-Homes is composed by currently a multilingual team of 24 professionals and it operates from three offices: Lagos - Vilamoura – Tavira to cover the entire region and thus offer a wide range of properties. “Our client’s nationality is primarily, still the British from all over the world, followed by German speaking clients, French (mostly for residency and to create their own income) and others which mainly consist of clients from Benelux, Scandinavia and an increasing percentage of Non-European clients as well as clients from different countries due to the current political and environmental situations”

The growing demand makes an urgent need of new products throughout the entire Algarve, from east to west, including the Costa Vicentina, namely new properties or new constructions, plots with building permission, off-plan properties in prime locations, properties on the west coast to the southern Alentejo, luxury and front-line properties, holiday homes, commercial properties for international investors, permanent residence properties and new developments/condominiums with high construction specifications and sea views.

In order to provide the best service and to fulfil the needs and requirements of our international clients we train our team and guide them through the process of selling and buying in the Algarve. We work closely with the best law companies and architects who are multi-lingual. We have a fantastic team spirit in our company and take care of our staff. Further job opportunities and trainings are offered for local and international candidates. Our dedication and customer focus has enabled us to develop into one of the largest estate agents in the Algarve also with the help of our international partners. Our good and honest reputation in the market is paramount to us - with both vendors and buyers. We keep in regular contact with our clients and offer a personal and professional service, throughout the buying and selling process, as well as after- -sales. Therefore, we get many recommendations. We are also looking for further partners, i.e. developers, construction companies with the same high-quality work ethics.

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