Portugal property quality praised

Portugal's quality of property has been praised in a feature on the Algarve market.

The American Chronicle noted that the country has a high build quality, a factor it said "shouldn't be underestimated" by investors.

In addition to this, the news provider stated, the area provides consistent sunny weather and is easy to get to via Faro airport.

Another factor cited as favourable is the greater price stability enjoyed by Portugal in comparison with Spain.

"Its market has always been considered far more sane and stable than its rather volatile Iberian sibling," said the paper, which noted that the prices are higher by the sea and cheaper inland.

Overseas mortgage firm Conti recently listed Portugal among the countries where there has been an interest in buying from UK property investors recently, partly due to lower prices.

Another reason given was that the pound has been gaining in value against the euro, increasing the purchasing power of Britons.