The real estate agency is the only international luxury brand in Albufeira
Fine & Country Algarve, a leading international estate agency renowned for its luxury properties, has opened a new office in Albufeira. The expansion represents an important milestone in the company’s strategy to expand across the Algarve and enhance its services.
The Managing Partner of Fine & Country Algarve, Zoie Hawker, shared her insights on what motivated this expansion: “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.”
The new Albufeira office is an integral part of Fine & Country Algarve’s broader expansion strategy.
Zoie Hawker explains: “We plan to have five offices in total, with the next one in Lagos, hopefully by 2025, depending on finding the right location and manager. In Albufeira, we have the ideal location and will be moving staff from some of our other offices, as due to the expansion of our team, we needed extra space.”
With the addition of the Albufeira office, Fine & Country Algarve anticipates a significant impact on its business operations and market presence. “We are budgeting for it to represent 10% to 15% growth in our business over the next 12 months,” stated Hawker.
The Albufeira office will work as a satellite of the Almancil office, led by Jorge Pereira, Fine & Country Algarve’s Sales & Marketing Director, and Tiago Chaves, Almancil Sales Manager.
According to Fine & Country, this leadership will ensure the new office runs smoothly and meets the high standards of service that clients expect.
“With a local presence, we can always provide a better service to both buyers and vendors. The extra office space also enables us to recruit more staff and list more properties in the Albufeira area”, explained Hawker, emphasising the benefits of the new office for clients.
Fine & Country Algarve is Albufeira’s only international real estate luxury brand and offers unique benefits to its clients. “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,” noted Hawker.
Looking forward, Fine & Country Algarve remains “committed to adapting to evolving market conditions through careful recruitment and steady growth”. Beyond Albufeira, the company has plans to open an office in Lagos, further establishing its presence in the region.
In this expansion, Fine & Country Algarve conveys a clear message of “strength and comprehensive coverage of the Algarve region”.
“With the new Albufeira office, the company is well-positioned to continue offering exceptional service and luxury properties to its discerning clients,” concludes Fine & Country Algarve.
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