International estate agency Fine & Country opened its sixth office in Portugal at the beginning of April 2015 . Fine & Country Comporta, which is located in Comporta village, south of Lisbon in the heart of Portugal’s Costa Azul Blue Coast, is joining the network of estate agents in over 300 locations worldwide. It is the third office in Portugal that has opened in the last 12 months following offices Chiado and Estoril.
Fine & Country Comporta will be led by Regional Manager, Rui Tomaz who has been working in the Comporta area for years, has a well-established network of clients and a first class reputation.
The Comporta showroom which is located in a “rustic chic” refurbished ruined barn will specialise in marketing and sale of luxury residential and tourist real estate in the Blue Coast area. The Blue Coast is almost exclusively devoted to weekend homes for the domestic Portuguese market and holiday homes for the international market. The properties in the Blue Coast vary from modern fully furnished apartments on the Troia Peninsula for as little as 350,000€ through to luxury sea view villas for up to 1,500,000€.
The Blue Coast is a 30 minute drive from Lisbon International Airport and is becoming the destination of choice for English, French and Portuguese buyers looking for a holiday property with a real Portuguese flavour and prices that cannot be beaten in other resort areas of Portugal.
Owners of the business, Charles Roberts and Nuno Durão launched the Comporta office following a very successful two years for Fine & Country Portugal. Nuno comments, “Prices in Portugal dropped by up to 30% with the economic crisis. We have now reached a platform whereby prices have stabilized. There is no increase in prices but there is much more confidence in the market and for the first time in over 5 years we are seeing the international market returning to Portugal.”
Charles Roberts, Managing Partner of Fine & Country Portugal says, “Everyday the Fine & Country brand is becoming more well-known and established in Portugal. The tremendous marketing we get from Fine & Country Head Office helps raise brand awareness worldwide. We now hold the Fine & Country license from Obidos on the Silver Coast, north of Lisbon down to Grandola on the Blue Coast, south of Lisbon and have ambitions to brand further offices in these regions over the next few months.”