Innovative property investments
Portugal Property Investment News
Investors pointed to Portuguese property bargains
Property investors could find Portugal's Silver Coast an affordable alternative to more expensive parts of the country, experts have suggested.
According to ShelterOffshore.com, the region offers far less expensive house prices than the Algarve.
The website said that while the Algarve was undeniably a "beautiful" area, it also had the highest property values in the country.
This was partially attributed to its good weather and easy accessibility, which has driven up demand for property among investors, second home buyers, retirees and tourists.
However, other parts of the country were said to offer similar attractions at a much cheaper price.
The website commented: "You can still move away from the airports and find an exceptional climate and some great real estate that remains accessible."
This comes after the Portuguese government announced that a new airport would be opened near Lisbon in 2012.
As a result, the Silver Coast will be even more accessible to foreign leisure travellers, which suggests that local property values could go up significantly in subsequent years.
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