Loule Luxury Homes and villas
Loule Luxury Property Search
Loule, municipality in north of Faro, is known for the Festival of White Night each summers. Participants have to wear white and gather in town with live band music and dance. A quaint destination situated in the middle of Algarve, Loule is as big as you will get lost without maps. With only 20,000 locals in town, Loule maintains its own charm with cultural festivals and community facilities. Numerous local markets, art festivals, partying carnivals and beautiful bay are worth a visit. The property market attracts those seeking a unique experience.
House prices in Portugal have been growing significantly in the medium term, and are currently estimated to be overvalued, mentioned by the central bank.
Top 10 expensive Portugal homes include an 18th century palace at a historical area of Lisbon, a Soho style 4 bedrooms townhouse in a great location in Campo de Ourique.
The average price of properties for sale in Portugal fell just 0.8% between April and May.
House price inflation has continued to ease in Portugal with the latest sales market activity report showing that enquiries and transactions were unchanged in February 2019.
Property price growth in Portugal is continuing to accelerate due to a lack of supply and rents in the residential market are also rising strongly.
The Portuguese government has reduced the minimum required amount for its golden visa for those investing real estate from €500,000 to €350,000 for certain locations.