Faro needs no introduction for those who year after year choose to spend their vacation in the sunny Portugal. But for those who are just beginning to discover great local resorts will be interested to know that Faro is the capital of the Algarve, famous for its elite marine leisure centers. In addition, at present, properties in Faro are very popular among foreign buyers, which make this region one of the most popular markets of the country both for private customers and large investors.
Faro’s Airport - the largest airport in the south of Portugal, which both in summer and winter, receives flights from all over the world. Namely this fact and the presence of the sea port, makes the city attractive to large and small companies, which are increasingly opening offices or developing new business in the country. In addition, the transport accessibility - one of the most important factors among foreign tourists when choosing a property for recreation, as it makes this resort accessible to them at any time of the year.
The owners of apartments and holiday homes in Faro will always find something to do. And even if you are tired to lie under the tender rays of the sun on the long and not so crowded beach Praia de Faro, you will find many other entertainments on a few kilometers from the city. For example, you can examine the local villages, or to take a trip to the south of Portugal and remain fascinated by the magnificent natural landscapes...
As in any other city in Portugal, buying a home in Faro for foreigners is very simple. You can do this on secondary and on the primary market. And the transaction can be registered on a legal or physical person - it depends only on the purchase purposes. In addition, the real estate acquisition in Faro can bring a kind of a bonus to the owners - automatic residency. After all, Portugal still has a Visa Gold program!
