Innovative land & property investments
Portugal Property Investment News
House prices going up in Portugal
Property values in Portugal's Silver Coast region are rising at a considerable rate, a media outlet has said.
According to Country Life magazine, the region offers a number of lifestyle attractions, such as rugged beauty and spectacular beaches.
However, the area could also offer strong investment potential, as property values in the region are fairly cheap.
Country Life said house prices are about a third lower than those in the Algarve, although they are heading upwards.
This means that if investors enter the market while it is still relatively cheap, they could make a profit should they choose to sell up at a later date.
Commenting on the market, Country Life observed: "House prices on Portugal's Silver Coast are set to increase significantly over the coming three years."
This comes after Shelter Offshore stated that the area is an ideal location for both investors and second home buyers, as well as retirees who are planning to live abroad permanently.
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