Property in Portugal continues to look like an increasingly solid investment

Property in Portugal continues to look like an increasingly solid investment“Slow but steady” is an accurate description for Portugal’s property market right now. While that may fail to excite high-risk investors keen to make a quick profit, it’s great news for those with a passion for Portugal, because property in the country continues to look like an increasingly solid investment.

Across Portugal, property prices are expected to rise by 2.5% this year. While there’s nothing remotely stratospheric about this figure, it does point to solid and reliable growth, making Portugal a far less risky investment than it once was. Sales have been increasing (albeit gradually) for three months in a row (up to March), and enquiries from new buyers are up in Porto and the Algarve.
There is a noticeable increase in property new to the market too, resulting in a healthy balance of supply and demand.

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Market information provided by http://www.portugalbuyingguide.com