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Avoid The Pension Pot Pitfalls!

Avoid The Pension Pot Pitfalls!

One way todays’ mid generation workers are finding to avoid losing money in the fast dwindling private pension schemes, is by investing their money in overseas property instead.

For less than a monthly contribution to a private pension, a lot of people are now choosing to pay a mortgage on an overseas investment property, which will only increase in value, whilst at the same time bring in a regular monthly income.

 

With a roaring tourism trade and ancestral ties to Britain dating back over 500 years, The Algarve region of southern Portugal remains a firm favourite with savvy Brits looking for a great investment opportunity. Ex Dragons Den star, and famously tough businessman, Duncan Bannatyne obviously agrees having bought his home in the Algarve through Ideal Homes Portugal earlier this year.

 

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Prices in the prestigious resort of Vale do Lobo, where he has his villa, have remained consistently high due to the quality of the properties, and of course, the golf and tennis facilities provided, however, for those with not so grand a budget, there are bargains to be had in other areas.

For example, starting in the west, you can get a beautiful 1 bedroom apartment in the very sought after Porto de Mos area of Lagos for less than £115,000 (€145,000).

 

ancora 1      ancora 2

http://www.idealhomesportugal.com/properties/great-location-ground-floor-1-bedroom-apartment/1564

 

For a more central location, we have a 3 bedroom townhouse, 5 minutes drive from Albufeira with a proven, solid rental history for only £200,000 (€255,000)

 

vb 1      vb 2

http://www.idealhomesportugal.com/properties/excellent-3-bedroom-townhouse/1565

 

Or if you prefer the quieter, less developed, eastern Algarve you can have a newly built 2 bedroom apartment in the sleepy coastal village of Cabanas for only £100,000 (€129,000)

 

caban 1     caban 2

http://www.idealhomesportugal.com/properties/fantastic-2-bedroom-apartments/1559

 

At Ideal Homes Portugal, we work in every area of the Algarve and have properties to suit all tastes and budgets.

For more information on how to book a Viewing Trip and let us help you find your perfect property, please call on freephone 0800 133 7644, email us atenquiries@idealhomesportugal.com, or visit our website www.idealhomesportugal.com today, and let our fantastic team take all the stress and strain out of buying your Ideal Home in the Algarve!

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