Blog

The Golden Visa program in Portugal has long been a significant draw for non-EU investors, particularly those looking to secure residency through real estate in the Algarve’s most sought-after regions like Quinta do Lago and Vale do Lobo. Recent changes to the program, however, are set to reshape the landscape for luxury property investments in these prestigious areas.

As we conclude 2024, the market for real estate in Quinta do Lago and Vale do Lobo has demonstrated remarkable resilience and growth. These premier Algarve destinations have continued to attract both domestic and international buyers, solidifying their status as prime locations for luxury living.

Once again, the Algarve, Portugal’s southern coastline, has been named the World’s Leading Beach Destination at the 2024 World Travel Awards. This recognition, its third win, underscores what so many already know: the Algarve offers a unique combination of natural beauty, top-notch amenities, and year-round appeal. With the market for Portuguese real estate already booming, this is sure to strengthen it even more.

The rise of remote work is reshaping property markets worldwide, and the Algarve is no exception. This region in southern Portugal, once primarily a haven for retirees and holidaymakers, is now attracting remote professionals seeking a better balance between work and lifestyle. As of November 2024, this shift is driving major changes, with a surge in demand for Quinta do Lago property for sale and Vale do Lobo homes.

The short-term rental market in Portugal, widely known as Alojamento Local (AL), has long been a popular investment avenue, particularly in sought-after regions like the Algarve.

At Lago Real, we invite you to discover the diverse range of homes for sale in Portugal - now is a fantastic time to secure your investment in this beautiful country.