Owners of homes in the central Algarve can expect a hike in rental demand in coming weeks as the Portugal Golf Masters kicks off at the Victoria Golf Club in Vilamoura.

The Masters runs from October 13-16 and will attract not only the world’s golfing elite but fans from around the world, many of whom will combine a few days on the fairway with their trip to watch the event – so will need somewhere to stay.

The Victoria Golf Club is on the edge of Vilamoura, home to Portugal’s most famous collection of golf clubs – and property prices there reflect this, with upmarket frontline golf villas typically fetching €800K-plus. However, a more affordable option could be in the nearby resort of Albufeira, where agent Infinito Real is currently selling a typical two-bedroom apartment for €169,000. More properties in the Algarve and other parts of Portugal can be found on Rightmove Overseas’s Portugal property listings.

Buyers of property in Portugal should consider using a currency specialist when they transfer pounds into euros. Smart Currency Exchange can assist with all of your currency needs.

To understand the full step-by-step process to buying a property in Portugal, collect The Overseas Guides Company’s ‘Portugal Property Buying Guide’