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Golden Triangle

11.08.22

There are countless benefits to investing in real estate, especially in the Golden Triangle of the Algarve, as George Banns discovers

With accelerated growth over the last 40years, the area of Portugal known as the ‘Golden Triangle’ has gone from strength to strength. Encompassing both the Quinta do Lago and Vale do Lobo resorts, the region is renowned for its excellent restaurants, spas, fitness and health facilities, combined with unequivocal concierge services where all desires can and will be fulfilled. An integral part of the outdoor lifestyle in the area is its golfing prowess. Portugal boasts over 40 golf courses, with more than half located in the Algarve; Quinta do Lago and Vale do Lobo, considered to be two of the most revered courses in Europe.

Having a secondary residence or real estate investment is extremely dependent on travel connectivity. Quinta do Lago and Vale do Lobo are extremely well served with Faro airport, offering daily flights from all major cities in Europe, and further afield.

One of the strongest attractions for investment in real estate has originated from international tax accords, such as The Non-Habitual Residence (NHR) and The Golden Visa programme. The NHR tax regime caps personal income tax at 20% for the first 10 years of residence, and is exclusive to European Union (EU) residents only. The Golden Visa programme grants residency to non-EU residents through different schemes that can be adjusted to each applicant’s need.

For the past 40 years, the Algarve has been seen as a safe haven, whether for holidays or permanent residency and the benefits have grown to serve those who choose to spend time there. Luxury realtor, One Select Properties founder, José Carvalho, has spent his entire career (spanning 35 years) in luxury real estate, driven by a vision to position the Algarve as a leading global destination for lifestyle, retirement and investment purposes.

José explains: ‘’We do more than simply help buy and sell real estate. As an independent real estate agent, we think it’s crucially important to provide a personalised service – whether as a buyer or a vendor.’

Find your property in the Algarve at: www.oneselectproperties.com

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