Did you know for the price of coffee a day you could have a new income stream? If you have a home in the Algarve or looking to buy - the right property in a great location could be helping you pay for your investment!
The rental market is strong and is driving property prices up. Experts have highlighted the Algarve as the region with the greatest potential for growth. Ideal Homes Portugal is based in the Algarve and has expert property advisors who can help you find that perfect investment property.
Use Ideal Homes Rentals to manage your Investment Property!
Ideal Homes is renowned for its first class service, with an ever-growing portfolio of a range of different properties. Even Dragons Den star Duncan Bannatyne made his rental income using Ideal Homes Rentals.
Why the Algarve!?
With the word spreading that the Algarve boasts over 300 days of sun a year, the number of foreign tourists visiting Portugal rose nearly 12% last year to a record of 12.7 million people. Portugal booked over $17 billion in tourism revenue last year, according to data from the World Tourism Organisation which shows the country overtook Greece ($14.6 billion) for the first time.
With incentives for residency, tax and a mature rental licensing system, international recognition as a top tourism destination, plus the added bonus of mortgage rates as low as 1.75% - it's no surprise Portugal and the Algarve keeps growing in popularity.
‘We’ve seen a significant increase in second home buyers investing for the purpose of rental income. It's the best of both worlds; a holiday home and a massive income source when not in use,’ recently noted by Chris White, CEO, Ideal Homes.
*In our case example, our Property Owner paid as little as €475,000 to in turn receive a 2018 rental revenue of 55,000€! Our Property Owner has chosen the Premium Aftersales Package which costs 800€ per annum plus IVA (just 2,69€ per day)!
Want to hear what Ideal Homes Investors have to say:
Debbie D -From the weekend viewing trip to the purchasing procedure, Ideal Homes have been with us every step of the way. We decided to let Ideal Homes also manage it for us. They are very professional in all they do, including meet and greet, taking care of literally everything to make the guest's have a trouble free holiday.
Inessa B - As an owner, I have worked with Ideal Homes Rentals since 2016, and I highly recommend them. They take great care of my property, my guests and me. My property gets happy reviews, and guests have mentioned how they appreciate the attention and guidance they get. International real estate guru Ronan McMahon works exclusively with Ideal Homes in Portugal, which is how I have originally come to them, bought property with them and have them as my management company. A happy customer/owner.
To find out more, contact our team - firstname.lastname@example.org