Real Estate in Algarve

Algarve is the major resort of Portugal on the south coast and the most desirable place to live in Portugal. It is easy to understand why people choose to buy property in the Algarve as an investment or as a primary residence. The climate here is perfect: neither too hot nor too cold. The Algarve region has a wealth of lifestyle diversity, from quaint fishing villages to trendy, fast-paced cities. Golf, parasailing, tennis, lounging on the beach, snorkeling or bird watching, there is not enough time to see and try all the interesting things.
The last update of real estate prices in the Algarve is December 2016. Renting an apartment in the Algarve for a long time: 1-room apartment in the city center €400.00 (300.00-500.00), 1-room apartment in a residential area of €325.00 (250.00-400.00); 3-room apartment in the center €616.00 (500.00-750.00), 3-room apartment in a residential area €533.00 (400.00-600.00). The cost of 1 square meter of apartments in the center of the Algarve is €1000.00, in a residential area - €900.00.