Christie's International Real Estate Expands To Portugal's Algarve Region With Luximo's

Algarve, Portugal - Christie’s International Real Estate, the world’s leading luxury network, is delighted to announce that LUXIMO’S, the network’s exclusive brokerage in Porto, Portugal and its northern enclaves, has expanded its affiliation to include the Algarve - the southernmost region in Portugal, known for its beautiful sandy beaches, luxurious golf resorts, seafood restaurants and ocean facing properties. The region is popular amongst high net worth individuals who purchase luxury homes in the golden triangle of Quinta do Lago, Vale do Lobo and Vilamoura. 

“Portugal’s Algarve region is an important luxury market with its beautiful estates and enviable lifestyle, which increasingly attracts a global clientele of buyers,” says Dan Conn, CEO of Christie’s International Real Estate. “LUXIMO’S has been our valued partner in the north of Portugal since 2013. By expanding the company’s territory south, LUXIMO’S will now offer the Algarve region the high level of service commensurate with the Christie’s brand.”

The new office in Vilamoura Marina, with 20 luxury agents, builds on the success of LUXIMO’S Porto office in north Portugal, covering the Costa Verde, Gerés, Ponte de Lima and the Douro Valley (well known for its Port Wine vineyards.) This new expansion also represents a twofold increase in the company’s presence in Portugal.

The Algarve is one of the most international regions of Europe and attracts holiday visitors and property buyers from Britain, Ireland, France, Germany, The Netherlands and further afield. Incentives such as the Golden Visa and Non-Habitual Resident Programme have also boosted the Portuguese economy while new start-up companies have sprung up across the country.

Ricardo Alves da Costa, Managing Director of LUXIMO’S, said: “The opening of our new office in the Algarve comes at a time when foreign investment is pouring into Portugal and attractive residency programs have encouraged many international buyers to purchase homes in the country. We are really excited to be expanding our offering and tapping into the growing luxury property market in the Algarve.”

The Algarve is serviced by Faro Airport which provides quick and direct flights to major cities in Europe including London (2hr 50 minutes) and Paris (2hrs 40 minutes). The Algarve’s beaches are highly prized having won numerous awards, while its untouched fishing villages and first class golf courses continue to attract an international crowd. Christie’s International Real Estate is a carefully selected global network of real estate companies, all of which boast success in both high end property, residential developments and re-sales and are known in their markets for exemplary client service. Within Europe, Christie’s current affiliations include those in the U.K., Spain, Netherlands, Sweden, France, Switzerland, Portugal, Austria, Italy, Ireland, Monaco and Greece.

###

About Christie’s International Real Estate
Christie’s International Real Estate is an invitation-only affiliate network composed of the world’s most proven and qualified real estate specialists in the luxury residential sector. The company has offices in London, New York, Hong Kong, Moscow, Los Angeles, and Palm Beach, and approximately 135 global affiliates with 32,000 real estate professionals in 45 countries. For additional information, please visit www.christiesrealestate.com.