Country: Portugal
23 February 2009
Faro airport, situated in the Portugal’s ever-popular Algarve region, is to undergo a major expansion, which will see its capacity increase from six million passengers a year to eight million by 2013, at a cost of around €130m (£114m).
Faro airport authorities report that the work will enable the airport to increase the number of flights possible per hour from the current 22 to 30
The news could spur the Algarve property market, as increased tourism figures is likely to lead to a rise in demand for property in Algarve to buy and rent.
“This project is part of a team effort between us, the national and regional tourism boards,” says Guilhermino Rodrigues, the president of airport management company, Ana Aeroportos. “It is part of our mission to improve the Algarve as a destination, reducing seasonality and diversifying the market.”
Construction work, which is due to get underway next month, will be divided into two phases, with completion earmarked for the tail end of 2013.
See Also: Portugal
Price: €20,000
Type: House
Bedrooms: 4
This Property has been restored to the highest standard and retains many of its original rustic features; its located in a very clean and up-market area of Central Portugal.
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Price: £17,914
Type: Apartment
Bedrooms: 1
This Avant-garde hotel occupies a priveleged position at the top of panoramic cliffs overlooking the Atlantic Ocean and the 18th hole of the Sir Nick Faldo designed gold course as well as the clubhouse.
Type: Apartments
The avant-garde hotel occupies a privileged position at the top of panoramic cliffs overlooking both the Atlantic Ocean and the 18th hole of the Sir Nick Faldo designed golf course as well as the clubhouse.
Price: €35,000
Type: Detached House
Bedrooms: 2
A detached house in need of modernizing set in a village location in Central Portugal.It’s within a 10 minute drive to the town of Mortagua with all facilities including a railway link to Coimbra, Lisbon and Porto.220
Type: Land
A very nice area of land south facing with wide open views across the open countryside. It’s set in a very quiet position on the edge of a popular village and area.
Bedrooms: 3
Nice quiet position for this detached house.It’s in need of restoration – all structurally sound but in need of internal divisions to be replaced.<
Price: €43,500
Set in the heart of the forest this property has an outstanding position.At the head of a valley it has unspoiled views which can only be appreciated when you see them.
Price: €39,000
The main attraction with this property is its location, the views are outstanding.The majority of the building will need to be reconstructed but with the potential of its position it would make a lovely home in Central Portugal.220
Price: €45,000
Rustic house to restore in a village setting with views of the river and barrage.It has recently had a new roof and is structurally sound but does require internal restoration.
This restoration project is just on the edge of a small village, in a peaceful setting, not far from a thriving working town.
Price: €90,000
Completely renovated. Re-wired, replumbed & tiled throughout. New ceilings, floors, doors and windows.
Price: €145,000
Perfect for rental income or permanent home. Recently modernised. Roof space to convert to more bedrooms.
Price: €75,000
Bedrooms: 3 Bathrooms: 1
Detached property, structurally sound in need of some modernising and painting. Large barn, three additional buildings.
Price: £125,600
Bedrooms: 3 Baths: 2 - 1 ensuite
Kitchens with cupboards, hob/oven, fridge/freezer, washing machine, dishwasher. Pool, gardens, tennis courts.
Price: €430,000
Palheiro Estate, Funchal: Spacious, light interiors, extensive external terraces set in landscaped gardens.
Bedrooms: 2/3
Arganil: edge of village, open views. All main walls in good condition. Most of wooden interior still sound.
