Fine & Country expands Algarve footprint

Fine & Country Algarve has opened a new office in Albufeira. 

This expansion boosts the upmarket agency brand’s presence across the Algarve region.

Fine & Country Algarve anticipates a significant impact on its business operations and market presence with the addition of the Albufeira office and said it will function as a satellite of the Almancil office, led by Jorge Pereira, sales and marketing director of Fine & Country Algarve and Almancil sales manager Tiago Chaves. 

Zoie Hawker, managing partner of Fine & Country Algarve, said: “We have always listed properties in Albufeira as well as we could, but the lack of an office there gave us a disadvantage. 

“We have been looking for a good office location for the last couple of years and finally found it. One of the main drivers in us taking the decision is that none of the luxury real estate brands have offices in Albufeira. It is perceived as the 'cheap' mass tourism destination of the Algarve, but in reality, some of the most expensive villas on the coast are located here.”

Fine & Country Algarve anticipates the new office will represent 10% to 15% of growth over the next 12 months.

Hawker added: “Trends in the Albufeira property market are the same as elsewhere along the coast, with the buyer market becoming more international, especially with strong growth from the USA. Our marketing and international events give us the edge.”