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Growing Interest in Portugal and the Alentejo More Specific?

Oct 10, 2007
This is not really news because this has been going on for some years now.
Why do we write about it then? Growing interest in the Alentejo will eventually push prices up in the housing market, and for you, interested in the Alentejo we thought this might be of interest.
On the 9th of august The Independent (co.uk) published an article in their homes and property section: ¨In search of the peaceful Portugal¨ This article is not only about the Alentejo region but all other rural areas. We quote Ben West, who wrote the article:
Published: 09 August 2006

Curiously, most British buyers of Portuguese property focus on the crowded, golf course-strewn Algarve, known for being home to some of Europe's most expensive coastal property.

Yet head into rural areas away from the coastal new-builds and older homes materialise in and around charming, attractive old Portuguese villages at a fraction of the cost. Finding them can take a bit longer as there are very few agents geared to English-speaking buyers, but it is well worth the effort.

And about the Alentejo:
Moving southwards, the countryside of the Alentejo, Portugal's largest and most laid-back province, is another under-developed area rich in inexpensive properties. Approximately an hour's drive east of Lisbon, the region's well-preserved historic capital, Evora, proclaimed by Unesco as a "world heritage area", boasts splendid architecture.

The extensive rolling plains are broken up by fields of sunflowers, oak, cork and olive plantations, occasional traditional farms and pleasant villages. Attractive towns include well-preserved Estremoz, Avis and Arraiolos, which all sport their own castles. The Alentejo region is known for its traditional handicrafts, excellent cheeses and superb wines. Walking, cycling, water sports, fishing and horse riding are all popular.

It is a bit strange that West does not mention the unspoiled Alentejo coast of 160km. Tourism here is developing rapidly but it is a protected area, no building allowed on the coastline. So this area will remain as beautiful as it is.

The rich cultural heritage of Portugal and in this area in specific makes it even more interesting to invest in property here. There is more to offer than just the seaside and beautiful scenery. Places as Evora, (on Unesco world heritage list) and Beja are worthwhile a visit to discover their ancient history. Places as Setubal, Sesimbra and Sines are old fishermans villages with all its charmes and of course good places to eat fresh fish. Almograve and Vila Nova de Milfontes are the best-known beach villages of this area, but there are many more lovely beaches and trendy beach bars/ restaurants that serve good food.

More inland you will find the wine quintas, a visit there and of course some wine tasting is a lovely introduction in the world of Portuguese wines. Many of them are prize-winning wines, Esperao being one of the most famous ones. Portugal has many wonderful Pousadas, hotels partially owned by the State, located in old castles, monasteries and other historical places.

Discovering this part of Portugal you might stay in one of these luxurious hotels or choose from the cheaper ones. There are plenty. Of course you will find hotels or B &Bs owned by foreigners who started a new life in Portugal and with that life a new business. This number is still increasing and welcomed by the Portuguese.

There are many reasons to invest in properties here; one of them is of course the price difference with the rest of Europe. Whether you are looking just for land, a villa, an apartment near the sea or a house in the countryside for sale, we can find what you are looking for and guide you all the way.

Now might just be the right time to invest in the Alentejo.
About the Author
Alentejo Home is the Real Estate specialist in the Alentejo region of Portugal between Lisbon and the Algarve. Find out how we can make your dream come true at >Alentejo Home Real Estate
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