Cerro Novo Properties

The Cerro Novo Estate Agency has been selling Algarve properties for 41 years, making our Real Estate Agency one of the Algarve's longest established and most experienced in the country. Based in the west of Albufeira in the upmarket neighbourhood of Cerro Grande and overlooking the old town, harbour and marina, the forefathers of the business were true pioneers in the marketing of quality property. As far back as the late 1960s, the Edwards family invested in and designed small, sustainable developments in Albufeira and the Lisbon capital. We have always invested significantly in technology, infrastructure and our excellent team of property professionals. 2021 was our busiest year ever, with the COVID years outperforming anything we have experienced in the past, while 2022 has seen sales strengthen even more. We believe that quality properties in the Algarve remain superb value and offer clients a relaxing and enjoyable lifestyle and a secure and low-effort investment. For those looking to live more permanently in Portugal, the government currently offers a very attractive tax regime known as 'Non Habitual tax Residency' (NHR). Whilst not an easy process to navigate, a specialised law firm, a good financial service company, or an accountant will help you apply for the regime that provides reduced tax rates for Pension and Professional income for up to ten years. Buying a home in the area is a straightforward process too. A good Lawyer, backed by sound advice from our professional Property Consultants, will ensure your purchase is smooth, legal and secure. If you're thinking of buying, why not contact us first to talk through the opportunities awaiting investors in the Algarve, visit our website, follow us on social media, or say hello in person by visiting our offices or at one of our forthcoming overseas property exhibitions. Ana, Robert and the whole team are available to answer any questions at any time.