Buy a home built by a dragon at the Overseas Property Show in London this weekend!
This weekend, the popular Overseas Property Show will be presenting Londoners with a rare opportunity – to buy a home built by a dragon!
The Novotel London West Hotel & Convention Centre will host the free to attend Overseas Property Show, which runs on Saturday 10th to Monday 12th September 2016, from 10 am to 6 pm daily. Ideal Homes Portugal, the exhibitor at the show, is presenting an exclusive collection of properties that have been redeveloped by former Dragons’ Den star Duncan Bannatyne.
Bannatyne fell for Portugal back in 2014, when he purchased a gorgeous, secluded villa through Ideal Homes Portugal. Since then he has relocated to make Portugal his main home and is allowing his entrepreneurial streak to flourish in the Iberian sunshine. Although he planned to retire when making the move, Bannatyne has been feeling the pull of new business ventures while sitting by his swimming pool with fiancee Nigora Whitehorn. Now, the determined entrepreneur is building a new career in the property industry.
Working with the vibrant and expanding real estate company Ideal Homes Portugal Bannatyne has sourced five houses that had been partly developed when the Portuguese recession struck. Work on the properties was abandoned due to the financial crisis, but Bannatyne is now nurturing them back to life, with a view to turning them into dream holiday homes for buyers to use either for themselves or as a rental investment.
The busy, upscale town of Almancil is the location of Bannatyne’s new properties. Almancil is one of the most sought after destinations in the Algarve and forms part of the region’s ‘golden triangle,’ along with the prestigious golf resorts of Vale do Lobo and Quinta do Lago. Bannatyne comments,
“The recession hit Portugal pretty badly. However, all of us living here can see a marked upturn in the prosperity of the country. In my opinion property prices in the Algarve are selling below their true value and will rise quickly over the next few years.
“The recovery in the property market in southern Spain has been rapid and sustained. The effect is spreading to Portugal and the Algarve is at the beginning of a remarkable upturn. I have invested at a time when these properties are still within reach of those with an appetite for a place in the sun and an understanding of the need to buy at the right price and the right time.”
Several of the properties, which each feature two sun terraces, three en-suite bedrooms, private garden and access to a generously sized pool, have already attracted interest from potential buyers. Londoners looking to pick one up at the Overseas Property Show this weekend should be ready to move fast. Chris White, Founding Director of Ideal Homes Portugal, which is developing the properties in partnership with Duncan Bannatyne, comments,
“The Overseas Property Show is always a great place to connect would-be buyers with their dream Portuguese property, whether it’s a home built by a dragon or a unique local business with a rich history, like the fabulous Café des Ingles in Silves. Visitors to the show also get to grill the local experts who attend on everything from the state of the Portuguese property market to what the Algarve expat lifestyle really entails.”
A handful of free tickets for the Overseas Property Show in London this weekend are still available. See www.theoverseaspropertyshow.com for details and to get your free tickets.
In addition, one lucky ticket holder, attending the show, will win a holiday for two in the Algarve.