Why Property For Sale In Portugal Is Still A Good Investment?

Ranking amongst the likes of France and Spain as top second-home destinations for the British, Portugal is rightly labelled a prime overseas property location. Boasting cloudless skies, fantastic golfing facilities, cheap flights and a low cost of living, Portugal has much to offer property purchasers seeking a strong real estate market with high rental potential.

Property in Portugal entices lovers of sun-kissed beaches and world class golf, while easy accessibility via budget flights as well as all year round sports activities all contribute to Portugal's success. Property purchasers seeking an alternative to France or Spain are finding Portugal property is lower in price.

From rugged hillsides, ravines and rivers to golden cliffs, pristine golf courses and long sandy beaches, Portugal satisfies all tastes, making it traditionally a top tourist and property location. With ongoing improvements to its road infrastructure and increased accessibility via many budget airlines, many areas of Portugal are now opening up, offering fresh new markets for discerning buyers looking for fresh hotspot locations at affordable prices.

Reasons Why Property in Portugal is a Good Investment

• One of the lowest costs of living in the EU, though prices are slowly creeping up as Portugal regularizes its tax policies with the rest of the EU
• A highly appealing tourist location and quality of life conducive to a peaceful retirement destination
• Stunning and diverse natural beauty, from rivers, cliffs and clean sandy beaches to mountains and championship golf courses, making it popular with all kinds of visitor
• Interesting history and cultural heritage with a wealth of tourism potential throughout the country
• Well trodden property market place, with stability and transparency in buying procedures for foreign purchasers
• English is widely spoken
• Over 300 days of sunshine per year
• Lowest crime rate in Europe and stable political climate
• Construction density limits in the Algarve set at 8%, guaranteeing preservation of the natural environment
• New laws in place to restrict new construction coastally
• The largest area covered by golf courses in southern Europe
• Growth rates on average is 10% per annum and rental yields of maximum 10% in key locations
• Easy access via budget airlines (2 ½ hours flight from the UK and Eire) and an advanced road infrastructure
• Interesting new markets emerging on the Silver Coast, north of Lisbon, at lower prices than in more traditional locations
• Founding member of NATO
• Member of European Monetary Union since 2002