AlmaVerde at the Buying Homes Abroad Show in Stockholm

Event date: 19 -20 September

In past years, the market for Algarve leisure real estate has been propelled by the British and Irish, but the recent demise of sterling and the plight of the Irish economy have prompted developers to start looking in other directions.

Scandinavians have not been buying Algarve property in numbers, but there is anecdotal evidence that they are now becoming more active. There are now flights to Faro on Norwegian Air Shuttle from the capital cities of Oslo, Stockholm and Copenhagen, and Scandinavian currencies have remained relatively firm against the euro.

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