Tag Archives: property market

Buying Property in Portugal

The high unemployment rate and aggressive moves by banks to foreclose on property has led to a large depression in house prices in Portugal. This means that now is the time to find a bargain. Compared to what’s available in the UK, Portuguese properties offer much better value. For example for the price of a property for sale on the Isle of Wight, you can buy a house twice the size with a pool in sunny Algarve.

According to a recent report by the Royal Institute of Chartered...

Portugal Property Market News

With Europe’s economies still in crisis, what’s the outlook for buying property abroad?

A recent report has been released by the Royal Institution of Chartered Surveyors, the following articles have summarised the findings:

From Property-Abroad.com:

The latest data from the Royal Institution of Chartered Surveyors shows some improvement in activity and sentiment in the Portuguese property market, but reports that continued weak demand is still putting...