Plans to expand Vilamoura Marina announced

Portugal has been among the UK’s top 10 destinations for more than 30 years and its long term popularity is now increasing, particularly in areas such as Vilamoura where there has been a dramatic increase in property investment, particularly in light of plans to expand Vilamoura Marina.

Rob Shaw, Marketing and Operations Manager for Spanish Algarve Properties says: “The Algarve has seen a resurgent growth, with investors continuing to buy in well established areas such as Vilamoura which has matured into one of Europe’s most complete resorts and hailed as the Algarve’s largest and most exclusive destination. Over the last year we have seen a 600% increase in the sales of Vilamoura property and this is set to continue well into the future with people flooding back to a tried and tested market after perhaps disappointing forays into property investment further afield. With the marina now expanding and the pending freedom of UK pensions allowing individuals to buy property in Portugal for inclusion in a SIPP, Portugal in expected to remain as one of the most attractive markets in mainland Europe.”

Spanish Algarve Properties Ltd is now marketing Monte Laguna, a new development on the prestigious Millennium Golf Course Resort in Vilamoura. Monte Laguna offers a range of one, two and three bedroom apartments and three and four bedroom townhouses. The development is made up of 96 units in a cross formation divided into four phases that come together in a central square. This gated development offers superb communal areas, with swimming pools and affords far reaching sea views. The properties are of a contemporary design allowing for spacious floor areas and outdoor terraces/balconies. Each property also boasts climate control, air conditioning and central heating. In addition each kitchen comes fully fitted with appliances and owners benefit from private underground parking with storage facilities. This idyllic location is ideal for Vilamoura marina which is literally on the doorstep with its cosmopolitan choice of exclusive shops, casino, restaurants, bars and clubs; it has something to offer everyone.

Apartments start from just £144,000 with townhouses starting from £340,000.

Spanish Algarve Properties Ltd specialise in the sale of land and property in the Costa de la Luz and Portuguese Algarve. They are acknowledged leaders in real estate on this coastline and cover everything from the Western Algarve past Faro Airport to beyond the Spanish border and the Donana National Park/Seville – a distance of around 200 miles.

For more information, visit spanishalgarveproperties.com.