Why invest in Portuguese property?

• Why Invest in Portugal? – Price growth, Rental yield, unrivalled building regulations – a truly world-class country with its warm, pleasant climate, a lively Mediterranean culture and strong travel links with the UK, Portugal retains a strong attraction for British buyers looking for a second property abroad.
• The government in Portugal introduced strict building regulation laws in the early part of the 90‟s – meaning that construction of new properties has slowed considerably during the last decade. Because of this, the Portuguese property market has risen steeply in recent years.
• Currently, Portugal is fourth on the list of popularity for UK overseas property buyers – with the Office of National Statistics estimating that Brits bought 5,100 homes there in 2004/5.
• The Portuguese government is committed to raising this number as it sees future growth as being of economic importance.
• Mortgages are typically fairly easy to source in Portugal – and providers in the country pride themselves on their flexibility and the speed of service they are able to give.
• Portugal’s Property Market has been one of the least effected by the credit crisis
• Portugal offers investors an established market in a secure location with good rental potentials due to the steady touristic market.
• Portugal has received a €21bn investment pledge from the EU for infrastructure and development, set aside several years ago as part of the EU‟s ongoing focus of developing it’s members economies
• Portugal is the 3rd most highly rated place to invest according to A Place in the Sun
• Strict Build regulations has led to a lack of available property which has increased demand
• 80% LTV Mortgages still exist in Portugal

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