5-bed villa in Cotifo, Western Algarve


Then: £472k Now: £337k


Why buy? – gorgeous gardens, pool and views, spacious family living (www.winkworth.pt)


believes this year will be a great year for people to buy bargains. “Prices have dropped at least 25 per


cent; more, when owners are forced to sell,” she says, “but sea views and proximity to the beach still command the highest prices, and there are few bargains within 1km of the coast.” Portuguese property paints a similar picture of price drops and bargain villas. For Mary Mangan from


Winkworth (www.winkworth.pt), this buyer’s market is almost wholly villa- centred, and she describes the market for apartments as “challenging”. Mangan points to the Algarve Golden Triangle (Quinta do Lago/Vale do Lobo/Carvoeiro) and Lagos/Praia de Luz as the best places to look. “Buyers want peace and quiet in tried and trusted developments,” she says, “and these areas offer just that.”


FOR MORE PROPERTIES IN GREECE AND PORTUGAL, GO TO www.aplaceinthesun.com/greece and www.aplaceinthesun.com/portugal


2-bed townhouse near Carvoeiro, Western Algarve


Then: £278k Now: £206k


Why buy? – sea views, top-notch


quality, spacious living and close to golf (www.winkworth.pt)


2-bed apartment in Carvoeiro, Western Algarve


Then: £147k Now: £111k


Why buy? – ready to move into,


two minutes’ walk to the beach and amenities, plenty of space (www.winkworth.pt)


2-bed apartment in Praia de Luz, Western Algarve


Then: £167k Now: £115k


66 aplaceinthesun.com


Why buy? – frontline beach, sea views, immaculate condition (www.winkworth.pt)


BAILOUT BARGAINS


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