In 2024, the market recovered from a series of impactful decisions taken in 2023 by the outgoing government. The changes in NHR, Golden Visa and Alojemento Local went viral in the news and came as a cold shower for many investors. Fortunately, after the demission of Antonio Costa's government, the new government took action to stabilize and reassure investors. While the year started slowly in terms of...
Update, January 2026: I now trade as SunnySteve Real Estate, brokered by eXp Realty Portugal, under Portuguese estate agency licence AMI 18470. The figures below cover my 2024 results. This year has been a remarkable journey of milestones and shared experiences. Selling a home is rarely a simple transaction; it's often intertwined with life's significant moments. I've had the privilege of guiding...
This report provides an in-depth analysis of the Lagos Algarve real estate market for the third quarter of 2024, drawing on the latest data from reliable sources such as Confidencial Imobiliario, Instituto Nacional de Estatistica (INE), APEMIP, and Idealista. Market Overview The Lagos property market in Q3 2024 displayed continued stability with moderate growth, reflecting a gradual recovery from...
The second quarter of 2024 has painted a complex picture of the Algarve's real estate market, with Lagos showcasing a unique blend of resilience and adaptation. While the initial shockwaves from the 2023 regulatory changes and economic headwinds have subsided, the market is still finding its footing amidst a backdrop of cautious optimism. Market Overview Overall Sales: The first half of 2024 saw a...
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