Algarve news and information portal - AlgarveMais

There is no doubt that 2009, like it´s sibling 2008, was a strange year in the property market in the Algarve. On reflection, one of the main issues was the fact that no-one could agree what the market was doing, when and why. With the benefit of hindsight we can review the facts, and consider what actually happened, from our (first hand) viewpoint. One of the key problems is information. On one hand accurate historical date is very hard to obtain in Portugal, as, until recently, many of the prices registered for the sale of properties were inaccurate.

Proluna Real estate is an established licensed real estate agent with 5 years of experience in the property market in the East Algarve. In the following article they give their views on the current property market in the East Algarve, being the areas of Tavira, Cabanas, manta rota, Altura and Praia Verde. The property market in the East Algarve and especially around Manta Rota And Altura was booming up till novermber 2007. The construction could not keep up with demand. Especially in Manta rota where the very popular townhouses were built, sales were amazing.

Situated in an ideal location between Almancil, Vale do Lobo and Quinta do Lago, this spacious villa built in 2005 offers 3 bedrooms, a study and a large basement with gym, games room and lounge. There is also a garage, an easy maintenance garden, a pool and a great covered and well equipped BBQ area. Definitely a great holiday or permanent home set on a quiet but central position equipped with all the modern conveniences such as a gymnasium, a game room and a children play room.

It is with great pleasure that the Goldentree Real Estate Agency presents you with the summer 2009 edition of the Vale do Lobo Real Estate Newsletter. Goldentree Real Estate is a founder member of the Vale do Lobo - Luxury Beach and Golf Resort, and has been providing professional advice to both purchasers and vendors since the year 2000. This special edition will provide our clients and business associates worldwide with details on the very latest developments at one of Europe’s premier holiday and residential destinations.