The company has become increasingly popular in recent times, helping different categories of clients to buy, rent, or mortgage a property in Algarve, Portugal, thanks to their team of highly trained and well-experienced professionals.
In a similar vein, there has been an increase in the demand for the company’s services, especially from customers in America, as they look to grow their real estate portfolio in Portugal.
“We have seen the USA market explode since the mortgage rates dropped below 1%.” – Ideal Homes International.
Reasons For Increasing Demand For Portuguese Real Estate Properties From Americans
The mortgage rates in Portugal have dropped to a record low of below 1%, a phenomenon that has been attributed to the increasing demand for real estate properties from different parts of the world. In addition to investors looking to position themselves to take advantage of the mortgage, several other factors have also endeared the market to American investors.
The Best Of Nature
Portugal boasts of some of the most beautiful climate, beach resorts, and leisure social structure, with hospitable people making foreign investors and tourists return to the nation repeatedly. The Algarve, which is one of the most visited regions in the country, has also attracted investors to Portugal.
The increasing popularity of Portugal as a vacation hub has also helped the growth of the real estate market amid increasing demand from investors in America and other parts of the world. Portugal has a regulated rental market, with relatively easy and transparent legal proceedings for owning properties.
Other factors that have attracted American investors to the Portuguese real estate market are the relatively low cost of living, the amazing golf communities scattered across the nation, and the safety of the country.
For more information about Ideal Homes International and how to leverage the firm’s services to own a property in Portugal, please visit – www.idealhomesinternational.com. Ideal Homes International can also be found across social media, including YouTube, Facebook and Twitter.
About Ideal Homes International
Ideal Homes International is a multi-award-winning real estate agency. Headquartered in Portugal, the company serves clients across the globe with offices in the Algarve and Spain. Led by Chris White, founder of the company, Ideal Homes has been able to build a reputation for delivering premium quality real estate services to savvy buyers and expert investors who want to buy holiday homes, permanent residences, and investment properties worldwide.