Property in Portugal continues to be a firm favourite amongst European purchasers. With an excellent climate, healthy lifestyle and low prices, Portugal is a highly sought after foreign property location.
Property purchasers and holidaymakers have been flocking to Portugal since the late 1960s and today Portuguese property still represents good value for money. While demand continues, Portugal remains a highly sought after location for new and resale properties, particularly in the popular resort areas of the Algarve.
Low cost airlines vie for services to Portugal's three international airports, bringing increased competition and lower fares each year. A sound EU standard transport infrastructure and a solid economic climate help to make Portugal a modern arena in which to invest in property today. With capital growth currently at around 10% per annum in hotspot locations, shrewd investors are looking to Portugal to gain stable medium to long term returns on their investment, through capital appreciation as well as rental yields.
New emerging markets are now in their early stages, such as those along the Silver Coast just north of Lisbon and further north near Porto. Here prices can be as much as 30% lower than in more popular resorts further south, while potential for growth is rocketing due to improved infrastructures and a new trend amongst foreign property purchasers for rural locations away from the more traditional resorts. Meanwhile, golf resorts and related off-plan investments on the Algarve maintain their popularity amongst the golfing set looking to make the most of the warm climate and excellent facilities to be found in the region.
Propertyshowrooms.com And Property in Portugal
We believe our clients will be seeing some encouraging results from early purchase in developments in Portugal and we are pleased to be able to offer carefully vetted developments at unbeatable prices.
Portugal has a solid economic structure and its proximity to the UK and the rest of Europe is a great advantage for those looking for a safe investment near “home”. With prices still lower than in many regions of France or Spain and a high standard of living, we are confident property purchasers will benefit from a well chosen investment property in Portugal.
Portuguese politics runs on a democratic system and as full member of the EU and NATO. Property in Portugal is good value for money and of better quality build than many of its near neighbours.
Foreign purchasers are attracted to the Portuguese climate and relaxed quality of life while today more than 100,000 Portuguese properties are owned by foreigners. A rich culture, English speakers in professional institutions and a modern, safe social climate make Portugal a natural choice for many visitors to Portugal.
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Portugal is a low cost alternative investment destination to France or Spain and offers both a mature property market and an emerging market in which to invest and make healthy returns over the medium to long term.
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