Second homes for every budget – what can you buy in Portugal this summer?

Just 12 countries made it onto the UK’s green list, under the newly implemented traffic light system for foreign travel. Portugal, which is under three hours’ flight from the UK, is one of the most easily accessible and holiday bookings to the Iberian country surged in the wake of the green list announcement. Ryanair released an extra 175,000 seats on its routes between the UK and Portugal over the summer months. Jet2, meanwhile, reported a 1,300% week-on-week rise in reservations for holidays.

For those looking for something more than a fortnight in the sun, Portugal is a superb choice for second home ownership. Property there provides excellent value for money compared to that in the UK and the cost of living is, on average, 27.51% lower than in United Kingdom according to Numbeo. The Post Office’s annual Holiday Costs Barometer places Portugal’s Algarve region as the third best value location of anywhere in Europe.

So, what can you get for your money in Portugal when it comes to buying a holiday home?
Buyers with around €150,000 to spend would do well to look at the cheaper, quieter eastern end of the Algarve. The former fishing village of Cabanas de Tavira provides superb value for money, with one-bedroom apartments at Formosa Bay available from €149,000 through Ideal Homes International. The homes overlook the wide, pretty river, backed by sand dunes with the ocean beyond. Locals ferry visitors across the river to the beach by boat, while a host of restaurants and bars provide a welcoming feast for those returning after a long day of lazing on the sand.

For €285,000, in the sun-kissed area of Silves in the central Algarve, buyers can pick up a contemporary, two-bedroom apartment at Amendoeira Golf Resort. Set within 270 hectares of beautifully landscaped gardens and golf facilities, the apartments offer exceptional interior design and access to all modern amenities. Golf, tennis, football, gym facilities and communal pools are all available on-site, along with a stunning new clubhouse, reception, restaurant and sports bar. Maid and laundry services are also available.