Engel & Völkers Lagos presents the first Market Report focused on the second home market in the western Algarve

Engel & Völkers Lagos celebrates the 1st anniversary and launches the "Lagos Property Guide" presenting  the first market report focused on the second home market in the Western Algarve. The study was developed by ImoEconometrics (consultant specialized in real estate market research) in collaboration with Engel&Völkers team.

The year of 2016 was one of the best years ever for Engel&Völkers, which for the first time achieved a turnover of more than 500 million Euros due to the expansion in Portugal and Spain.

This was in fact a fantastic year for Portugal in terms of international recognition. Once again the country was voted as the best beach and golf destination in Europe and the Algarve the best place in the world to live the retirement.

The prestigious Forbes magazine, in its ranking for "the best countries to invest in 2017" has even put Portugal above Germany and the United Estates !

Real Estate in the medium term has alwas been an excelent investment option because of its valuation potential and its stability. A property in the right location could be both a holiday home, a profitable business (through tourist rental) and heritage with potential for future appreciation.

For the buyer, finding the right property, for the right price and in the right location is a job that requires knowledge of the market and it is therefore advisable to find a real estate agent who knows the área, the market and that can follow the whole process.

Engel & Völkers Lagos has a fantastic portfolio with more than one hundred properties allowing us to present internationally a wide choice of selected properties in the best "spots" of the Western Algarve. Exclusive properties by the sea, or apartments in strategic locations, for those looking for a quick return on their investment.

Should you wish to receive our Property Guide please do not hesitate do contacts us through  lagos@engelvoelkers.com

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Engel & Völkers

Rua da Barroca, Nº 64
8600-866 Lagos
+351 282 249 517

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