Buying Property in Portugal?
Great info about buying Portugal property!

 

Buying property in Portugal is currently hugely popular, much as it has been over the past twenty years. This is because properties are relatively inexpensive and transport links to/from the UK are excellent and cheap, especially with the low-cost airlines providing many routes to Portugal. Portugal offers superb beach holiday facilities with a great climate, rich culture, architecture and history, and the Portuguese are well-known for their friendliness a hospitality. Portugal enjoys a climate similar to Spain but has not been so overdeveloped like its neighbour, save for some of the Algarve area.  Buying property in Portugal is a good move at the moment as demand for rental accommodation remains high and is expected to do so. Also, some areas of Portugal are tipped to see significant capital property value rises in the coming years, such as the Silver Coast area between Porto and Lisbon.

Buying property in Portugal is currently hugely popular, much as it has been over the past twenty years. This is because properties are relatively inexpensive and transport links to/from the UK are excellent and cheap, especially with the low-cost airlines providing many routes to Portugal. Portugal offers superb beach holiday facilities with a great climate, rich culture, architecture and history, and the Portuguese are well-known for their friendliness a hospitality. Portugal enjoys a climate similar to Spain but has not been so overdeveloped like its neighbour, save for some of the Algarve area.  Buying property in Portugal is a good move at the moment as demand for rental accommodation remains high and is expected to do so. Also, some areas of Portugal are tipped to see significant capital property value rises in the coming years, such as the Silver Coast area between Porto and Lisbon.

Buying property in Portugal still has great appeal as it has a benign tax system which allows avoidance of the worst effects of capital gains and inheritance tax and can put you in a lower tax band. About the size of England but its population is considerably less, property in Portugal can still offer rural tranquillity as well as the modern coastal developments.

Portugal has mass-market appeal, is only about 3 hours flying time away from the UK, has hot summers, a great coastline, low cost of living. It also has great property types to choose, from countryside farmhouses through to luxury villas. Also, English is widely spoken in coastal regions.

Buying Property in Portugal - Any Drawbacks?

Property prices in Portugal typically are higher that their equivalent counterparts in Spain and some parts of the Algarve are considered overdeveloped. Portuguese is not the easiest language to learn to a competent level and the standard if driving is considered by many as leaving a lot to be desired.

Finding Property in Portugal

 
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