Property In Portugal
Property In Portugal
For many years Portugal has been one of the most popular tourist destinations in Europe, with visitors coming from destinations throughout Europe to sample the natural charm of this beautiful part of the Iberian Peninsula. Picturesque fishing villages, sandy beaches and a climate offering over 300 days sunshine a year have ensured that Portugal’s appeal to the international property investor is intrinsically linked with its strong tourist heritage. In 2007, over 12.3 million tourists visited Portugal, a rise of over 16% in the past three years.
Overshadowed by the market for property in Spain over the past ten years, Portugal has learned from the varying experiences of its neighbour, and is now well positioned to offer investors a solid return on investment on a longer term basis. Issues which have affected other markets, such as over-development and over-supply, seem unlikely in the Portuguese property market due to strict legislation restricting the density of development in specific areas.
The market for investment property in Portugal presents a solid option for investors who are looking for a long term opportunity. Today, investors are enjoying higher rental returns of up to 10% in Portugal, particularly in the ever popular golfing and beach resorts where a considerable amount of off-plan investment is beginning to come online.
Aside from the obvious demand from tourism, other factors lend credibility to the argument for purchasing an investment property in Portugal. Recent membership to the EU has meant that the relative cost of living in Portugal is beginning to rise, however the low cost of living does present opportunities to purchase property at levels which represent a good investment. This membership to the EU has also brought with it the additional benefit of numerous regional development grants being awarded to Portugal, which have brought with them improvements in infrastructure such as increasing the accessibility of the more rural areas.
So where should you look to purchase property in Portugal? Capitalising on the strong demand for short term holiday rental, investors to date have tended to focus on the coastal regions such as the popular Algarve region. Here, a proliferation of superb beaches and excellent golf courses ensure a consistent demand for accommodation. Recently however, other coastal resorts such as the Blue Coast south of Lisbon, the Green Coast around Porto and the Silver Coast region have all seen considerable increases in popularity with investors, as a number of superb new developments have been built in the region. These areas have allowed investors to capitalise on the lower cost of living and subsequently property prices in these more rural regions.
Overall, the market for property in Portugal represents a good opportunity for a long term investment, with its low of cost of living and property, increasing levels of tourism and improved accessibility through cheap flights. Today, the increasing number of off-plan developments and golf resorts in Portugal are beginning to increase the accessibility of the region to international property investors.
If you are considering buying a property in Portugal, why not find out how much rental income you could generate with our Portuguese property rental income calculator.
Property In | The Algarve | Silver Coast | Blue Coast |
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Tavira Apartments - Two bedroom apartments on the Algarve€210,500The Tavira Apartments are a range of one and two bedroom apartments, situated in the Quinta do Morgado country estate, in the historic Algarve town of Tavira. A superb investment opportunity, the Tavira apartments allow investors to benefit from €31,580 instant equity! >> view detail
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Tavira Apartments - One bedroom apartments on the Algarve€157,900The Tavira Apartments are a range of one and two bedroom apartments, situated in the Quinta do Morgado country estate, in the historic Algarve town of Tavira. A superb investment opportunity, the Tavira apartments allow investors to benefit from €31,580 instant equity! >> view detail
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Mar Da Luz - Superb Investment Opportunity on the Algarve. €339,675Superb investment opportunity with 20% deposit paid (instant equity) and a small commitment fee. Classically designed, the top floor Mar da Luz apartments enjoy spacious roof terraces with stunning views of the Atlantic Ocean while ground floor apartments have their own gardens with the option of adding your own private swimming pool. >> view detail
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Porches Praia - Two bedroom apartment on the Algarve€291,075No deposit and small commitment fee means this is one of the Algarve's best investment opportunities. The well equipped units at Porches Praia form part of the Viking Hotel. Perfect for a quiet vacation, the many attractions of the Algarve are within a short distance away. On-site you can find a Clubhouse and the restaurants, bars and shop at the Viking Hotel have been designed to satisfy the most discerning and diversified of tastes, offering unique ambience, quality and service. >> view detail
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Porches Praia - Two bedroom duplex apartment on the Algarve€283,600No deposit and small commitment fee means this is one of the Algarve's best investment opportunities. The well equipped units at Porches Praia form part of the Viking Hotel. Perfect for a quiet vacation, the many attractions of the Algarve are within a short distance away. On-site you can find a Clubhouse and the restaurants, bars and shop at the Viking Hotel have been designed to satisfy the most discerning and diversified of tastes, offering unique ambience, quality and service. >> view detail
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Porches Praia - One bedroom apartment on the Algarve€245,125No deposit and small commitment fee means this is one of the Algarve's best investment opportunities. The well equipped units at Porches Praia form part of the Viking Hotel. Perfect for a quiet vacation, the many attractions of the Algarve are within a short distance away. On-site you can find a Clubhouse and the restaurants, bars and shop at the Viking Hotel have been designed to satisfy the most discerning and diversified of tastes, offering unique ambience, quality and service. >> view detail
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Palmela Village - 5 bedroom Fairway golf villas in Costa Azul, Portugal.€618,314The villas at Palmela Village offer a superb investment opportunity via the superb rental opportunities and one of the most 'investor friendly' payment structures currently available. The elegant Fairway Villas epitomise the luxury lifestyle, and offer superb views over the golf course at Palmela Village. >> view detail
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Palmela Village - 3 bedroom Fairway golf villas in Costa Azul, Portugal.€460,000The villas at Palmela Village offer a superb investment opportunity via the superb rental opportunities and one of the most 'investor friendly' payment structures currently available. The elegant Fairway Villas epitomise the luxury lifestyle, and offer superb views over the golf course at Palmela Village. >> view detail
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Palmela Village - Three bedroom villas in Costa Azul, Portugal.€464,930The villas at Palmela Village offer a superb investment opportunity via the superb rental opportunities and one of the most 'investor friendly' payment structures currently available. Situated between Palmela and Azeitão, on the edge of the Arrábida mountains, Palmela Village is the perfect location from which to discover the delights of this fascinating region. >> view detail
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Palmela Village - Studio apartments in Costa Azul, Portugal.€145,000Situated between Palmela and Azeitão, on the edge of the Arrábida mountains, Palmela Village is the perfect location from which to discover the delights of this fascinating region. Designed by the renowned Portuguese architect Tomás Taveira, this development combines stunning architecture with the natural beauty of the surroundings. >> view detail
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