Many people in the UK own apartments in the Algarve, choosing to treat this as their permanent holiday home. It’s a lovely part of the world to relax in and spend some time in a pleasant climate, away from the stresses associated with the UK. It’s easy to see why people have invested in property in Portugal.
If you own an apartment in the Algarve, you could make a good deal of money by renting it out. Much of this is due to golf tourism, where people come to the region to work on their game and enjoy the quality of the golf courses. During the peak season, you can rent your apartment out to people on golfing holidays for a very good price. If you own property near to a golf course, this is even better – golf villages can rent out apartments for much higher prices over the summer months.