A recent article published in Jornal Económico (Portugal) highlighted the growing trend of American buyers looking for luxury properties in Portugal, with a focus on Ombria Algarve in Loulé. Due to international demand, property prices in the area have increased by 30%. There has also been a significant surge in property sales to Americans.
Ombria Algarve, situated in one of the most sought-after regions in Europe, seamlessly combines traditional and modern architecture. The resort includes luxurious villas and elegant apartments, all designed to integrate indoor and outdoor spaces, featuring open kitchens, spacious living areas, and private terraces. Surrounded by the breathtaking natural beauty of the Algarve, Ombria presents an easy access to outdoor activities such as hiking, cycling, and also fine dining against the backdrop of the region's stunning landscapes.
João Richard Costa, CCO at Ombria Algarve, states: "We have recorded a roughly 20% increase in sales compared to the same period last year. Our American clients are particularly interested in apartments and villas that blend traditional architecture with contemporary interiors, such as open-plan kitchens and integrated management services."
The Ombria Algarve offers a rare combination of natural beauty and sustainable luxury, making it a top destination for investors and tourists alike. Apart from its branded residences, Ombria Algarve features a golf course, hiking trails, and wellness centres, all within the scenic landscapes of the sun-kissed region.
As the region's appeal continues to grow, Ombria Algarve stands out as a prime destination for those seeking a luxurious and sustainable lifestyle in one of Portugal's most attractive regions.
Jornal Económico, 13th September 2024
