Undoubtedly, Algarve is one of the most beautiful destinations in Europe. Little wonder why this region that lies in the south of Portugal attracts so much attention. The sandy beaches, world class hotels and infrastructure are definitely part of the attraction. Algarve boasts some of the most lucrative properties in the world as they provide good rental income. Most of it comes from the huge pool of tourists that visit the region every year. If you are an investor then the Algarve real estate market is ripe for the taking. There are all kinds of hot properties. These include villas for sale, apartments for sale and houses for sale. You can find these properties in rich and exclusive areas such as Albufeira, Portimão, Loulé, Monchique, Lagos, Aljezur, Castro Marim, Lagoa, Olhão, Silves and Vila do Bispo, Alvor, Quinta do Lago, Vilamoura and Carvoeiro. You are guaranteed to get a piece of real estate that tickles your fancy. Before you rush into buying property in Algarve, it is important to put a few things into consideration. Investing in real estate is much like any other investment. It has to be thought through. Below are a few things you need to consider before making any purchases. You need to determine your appetite for risk. High risk investments usually yield higher returns but could result in huge losses at the same time. It is therefore prudent to determine where you fall. If you have a low risk appetite, your best bet is to buy property in low risk areas that are already on the rise. High growth neighborhoods would be your ideal choice. However if you tread on the risk takers side, undiscovered areas where properties are cheaper might appeal to you. You also need to consider the amenities close to the property. If you invest in a villa for purposes of renting to tourists, it would make more sense if it was located near tourist attraction sites. However, if it is an apartment, it may need to be near schools, hospitals and shopping centers. Convenience is key when people are choosing homes. You also need to determine the purpose for which you are buying the property. You should figure out before hand if it will act as your personal get away home or an investment. If it is an investment, you should determine whether it will be long term or short term. Figuring out all the above will help you in your endeavor to own Algarve Real estate.