With around 300 days of sun each year, golden sandy beaches, perfectly blue seas and more, the Algarve is unsurprisingly one of Europe's most popular holiday destinations. And with its affordable living costs, relaxed nature and endless offers of things to do, it's not uncommon for many visitors to suddenly realise that they can't leave. And thus, a growing expat community has formed.
Of course, many of the relocating residents are looking to make the most out of their new lifestyle, by renting out their own luxury Algarve apartment or villa in one of the many resorts that the Algarve has to offer. Resorts are ideal for those both looking to move to the Algarve as well as for those buying property to rent. Indeed, the luxury property market in the Algarve has increased significantly in recent years and investors from around the world are now trying to learn more about this intriguing area to see what its potential could do for them.
There's no doubt about it - if you're looking for the ultimate holiday home or luxury property to rent out, there's no better location..