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PROPERTY Try before you buy
Property
Try before you buy
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Robert Bijker suggests an alternative to taking the plunge and buying a property if you have any doubts or financial concerns... ‘test drive’ your next home!
PROPERTY MANAGEMENT HAPPY HOMES ALGARVE
ALGARVEAN COTTAGES VILLAS APA RTMEN TS TOWNHOUSES QUINTAS
A brighter future
Happy Homes has since 2003 provided outstanding property management services and value to non-resident property owners. covering every requirement, Including Inspection, maintenance, administration,letting and marketing services, we have developed relationships we are proud of with reputable accountants, architects, local councils, builders and housing professionals. Let happy Homes ensure that you have the best possible support to maximize and protect your investment for a brighter future!
h a p p y h o mes l d a.
R u a Dr. Parreira 1 37 next to Barclays Bank 8 8 0 0 - 3 46 T a v i r a Contact us t od ay: 2 81 320 28 3 www.portugal-accommodation.com
REAL ESTATE LIVE, INVEST AND ESCAPE
GOLF PROPERTIES VILLAS APA RTMEN TS TO WNHOU SE S PLOTS
LHV - 927
Covering the whole of the Algarve as independant real estate agents, we can provide you with unbiased advice when you decide to purchase a property and can introduce you to a wide choice of reputable mortgage banks, architects, lawyers, builders, chartered surveyors and interior designers. We have been in business for over 12 years, finding the right property for countless satisfied clients. We currently have over 700 properties available online and would be very pleased to help you find your ideal home.
If you are the owner of a good quality property and wish to sell, pleasecontact us to arrange an appointment Contact us t od ay: 2 81 320 28 1 www.lan dand housesalga rve.com
T A V I R A
R u a J o sé P i r es P a d i n ha 1 7 8 8 8 0 0 - 3 5 4 T a v i r a V I L A MOU R A
N1 2 5 , B en f ar r as, B o l i qu e i me 81 0 0 - 0 6 8 B o l i q ue i m e With the summer in full swing, there is a good chance you are reading this article while enjoying life on the beach with your beloved ones. It is the ideal scenery to let your mind drift away while having your favourite drink and picture your self having a dream like lifestyle in the Algarve on a permanent basis. Away from the daily chores, stress and gloom back home.
It is a well known secret among estate agents that the majority of people making an inquiry about purchasing a property during the summer months are not (financially) able to make a purchase. No doubt they love the Algarve and no one questions their desire to own a property here. Portuguese banks have been more conservative regarding mortgages e.g. more like 70 to 80% of LTV where in Spain 110% mortgage financing more or less became the norm. The price correction in the Algarve should therefore be less severe but without doubt still painful. Many people have been considering buying a property but until now have been reticent to do so, even in the current downturn. Some have waited for more than four years for prices to come down either because the property they were looking for was beyond their means or they simply felt prices were too high. Not taking advantage of this window of opportunity to purchase deeply
By the sea, in the mountains or in the city... enjoy your stay with us. We’ll take care of you and your house as we would our own.
Tlm:(+351) 915 500 141/2 Office (+351) 961 952 148 Fax (+351)281 971 076
Ângela Dias Tel (+351) 969 459 200 Rua José Pires Padinha, No 44, Escrit.13, 8800, Tavira eapr@iol.pt • eapm@iol.pt www.east-algarve-property-rentals.com • www.east-algarve-property-management.com
EastAlgarve M A G A Z I N E
ADVERTISE YOUR HOME FOR SALE IN THE EAST ALGARVE MAGAZINE
We are now looking for properties for sale for our new ‘property of the month feature’. If you would like to promote a property you are selling by way of a feature, contact us by email at info@eastalgarvemag.com or telephone 961 700 200 for further details.
Homes
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MICHAEL JULIAN PROPRIEDADES
SOC. MED. IMOBILIÁRIA LDA.
AMI 5027 Rua 1.o de Maio 23. 8800-360 Tavira, Algarve Telephone+ 351 281 324582 Fax+ 351 281 325787
E-mail m.julian@mail.telepac.pt Web Site www.michael-julian.com
€275.000 REF 1899A TAVIRA
Fully furnished, not to be missed, country house, sea views and heated pool. Plot 381m2, house over 3 floors 74.34m2, Hall, Lounge, kitchen, cloakroom, 2 beds, bathroom,terraces, pre installedA/C, Auto irrigation,mains electricity, bore hole.
€370.000 REF 1903B CALIÇOS, MONCARAPACHO Undergoing reregistraion, Villa w/pool and outbuilding. 175.85m2, 5066m2 of land. Good condition, lower ground floor; bedroom w/ensuite, ground floor; terrace w/sea views, hall, lounge. 3 beds, bathroom, shower, kitchen and sunroom. Parking, landscaped gardens, walled, fenced and gated. Mains water and electricity. Septic tank
€245.000 REF 1890B MURTEIRA DE CIMA, MONCARAPACHO Renovated 3 bed algarvean cottage. Plot 520m2, built 2002. Comprises of covered entrance porch, kitchen, living room with wood burner, 3 beds, bathroom, shower room and roof terrace. Parking area, septic tank, satellite and broadband
€145.000 REF 1893C TAVIRA Sold furnished, 3 bed 1st floor apartment with balconies. Built in 1989, situated within 5 mins walk to the center of town in a quiet residential area. Comprises of Entrance hall, kitchen, utility area, living/dining room, 3 beds, bathroom, shower room and 2 balconies. Shutters. Mains services connected, sea & town views.
VILLAS, FARM HOUSES, APARTMENTS & RUINS HELP WITH ALL ASPECTS OF PROPERTY PURCHASE
www.michael-julian.com
SOCIEDADE DE MED. IMOBILIÁRIA, LDA LICENCA No 764-AMI REAL ESTATE AGENCY
Rua 1° de Maio, 30-A, 8800-360 Tavira, Portugal Tel. +351 281 324 684 Fax: +351 281 324 685 Website: www.imo90.com Email: imo_tavira@hotmail.com
SANTA CATARINA REF: V 3189 TAVIRA
Ref: A 3183
discounted properties during this downturn, could prove to be a mistake for those who have waited for a second chance. If you still can’t afford to buy a discounted property during this correction to make your dream come true, a ‘try before you buy’ scheme may be what you are looking for. You would enter in to an agreement with a vendor giving you an option to buy at a fixed price and late completion date, e.g. 12 or 36 months in the future. In the mean time you agree to pay a monthly rent which can be used partly or in full towards the purchase of the property. With banks still hesitant to approve new mortgages, these rent-to-own schemes offer you the possibility to build up equity and a financial track record to apply for a mortgage to complete your purchase. Both vendor and buyer benefit. The vendor receives some income and a sale built in two to three years from now, when the market will
East Algarve Building & Gardens
250 000€
Renovated farmhouse of 234m2, open plan Kitchen, dining room with bread oven, utility room, 4 bedrs, 2 full bathrooms, lounge with wood burner fireplace, office and storage.675m2 plot with pool.
CACELA
Ref: V 3204
New Villa in quiet countryside, minutes from beach and golf. Fully 210 000€ fitted kitchen, lounge with doors open to BBQ & pool, 3 beds, 3 b/rooms, 80m2 basement, roof terraces country and sea views, A/C pre installed, Excellent value!
65 000€
Studio in a tourist complex with restaurant, 2 pool’s, tennis, café/bar, reception. Kitchenette / lounge / bedroom, hall, full b/room, balcony. Easy walk to Town, For sale furnished. Good rental potential.
TAVIRA
Ref: A 3201
95 000€
Apartment in the centre of town, walking distance to all facilities, having 3 bedrooms, 2 baths, kitchen, lounge, balconies. Sea and city views.
All general Building work undertaken Full refurbishments • Tiling Plumbing • Joinery Roofing • Painting Etc. General garden maintenance Decking • Patios • Planting FOR A PROMPT FRIENDLY SERVICE
surely be in a better condition. On the other hand the buyer can test drive the property, experience the neighbourhood and Algarvean lifestyle while at the same time not having completely thrown away all the money from renting and being protected from rising prices when the market recovers.
As mentioned in the July edition, an increasing number of buyers are being met by eager sellers, resulting in more transactions. Why not register your interest now. We would be very pleased if we could help you in finding the right property.
Robert Bijker.
Land & Houses Algarve – Yellow Homes www.landandhousesalgarve.com Rua Dr. José Pires Padinha 178 8800-354 Tavira Tel: 281 320 281 Fax: 281 321 901 (AMI – 6232)
With over 20 years experience in villa management for complete peace of mind we make sure your villa is in safe hands
LICENÇA No 504-AMI
MAIN OFFICE – E.N.125, Cevadeiras, 8900-024 Vila Nova de Cacela TEL: 281-951165 FAX: 281-951438 CABANAS OFFICE – (Waterfront) Ava Ria Formosa, Centro Comercial Loja 2, 8800-591 Cabanas de Tavira TEL: 281-370277 FAX: 281-370761 EMAIL belosantospedras@hotmail.com WEBSITE www.estealgarve.com
APARTMENT - MONTE GORDO
2 bedroom apartment, built in 1996, within walking distance to the beach, centre of Monte Gordo, public transport and commerce, approx. 2 Kms from Vila Real de Santo António. Beautiful views of the pine forest. On 2nd floor with lift.
EUROS 199.500
COTTAGE - MANTA ROTA - A very sweet 2 bed + 2 bathroom cottage, renovated 12 years ago, very close proximity to the beach, within a small rural quiet location, 2 Kms from Vila Nova de Cacela. Attractive front patio and roof terrace. Sold furnished including air cond units. EUROS 145.000
Company AMI 7673 CONTACTS Office: Tel/Fax 281 952 820 Mobile: 00351 911 041 861/2
Ref 853 3 bed Vila Real nr.river €260.000 Light and spacious duplex apartment with good quality fixtures and fittings, central heating, satalite TV, equipped kitchen, large lounge/diner, 3 double bedrooms and 3 bathrooms. Private roof terrace.
Ref 890 4 bed Manta Rota €275.000 Furnished and equipped townhouse on a closed condominium with shared pool, 2 beds and 2 bathrooms on the 1st floor and 2 beds in the loft, velux windows and a toilet, great rental investment, 10 mins walk to the beach.
Ref 897 6 bed Nr. Tavira €625.000 Fantastic 6 bed traditional single storey house, refurbished with all modern requirements. 2 reception rooms, equipped kitchen, external areas with pool, sea and country views, 12km inland from Tavira.
SALES: www.algarvemantaproperties.com RENTALS: www.algarvemanta.pt EMAIL: sarah@algarvemanta.pt
Property
EastAlgarve M A G A Z I N E
If you would like to promote your business with the East Algarve magazine please contact us on info@eastalgarvemag.com or Tel 961 700 200 COMPETITIVE PRICES DISCOUNTS FOR MORE THAN THREE BOOKINGS FROM 50€, TO 250€ FOR A FULL PAGE
As an advertiser you automatically become a distributer and will be provided with a number of copies to issue to your customers.
RENTALS & PROPERTY MANAGEMENT
Let us make renting easy.
Management Packages tailored to suit your needs
Advertising•Enquiries & Bookings •Payment Collection•Cleaning •Laundry•Meeting•24/7 Helpline •Bill Payments•Guest Services; Golf Leisure Trips & Transfers
SERVING YOU AND YOUR GUESTS WITH COMPLETE SATISFACTION IN MIND 00 351 913 692 170 or UK 0161 298 4800 www.smartavillas.com
Professional cleaning service by reliable English person. Weekly home cleans, post rental cleans, spring cleans, key holder service, linen and ironing. ALSO HANDYMAN SERVICE & GARDEN MAINTAINENCE Contact Kim on 927 168 059 or email helpinghands@live.com.pt
PACKAGE FISHING HOLIDAYS, TACKLE HIRE, ESCORTED DAT TRIPS AND FISHING LESSONS 00351 927 364 157 or email eastalgarvecarpfishing@hotmail.com www.eastalgarvecarpfishing.com
D ENNIS FITZPATRICK INTERIOR DESIGN
FULL INTERIOR DESIGN CONCEPT COMPLETE VILLA/APARTMENT OR SINGLE ROOM DESIGN PROPERTY MANAGEMENT SEVERAL SHOW PROPERTIES AVAILABLE TO VIEW FURNITURE PACKAGES
For further details call 961 844 788 or email interiors.art@sapo.pt
