Portugal Property Investment News

Portugal to be opened up to investors

Portugal to be opened up to investors

Portugal's Blue and Silver Coast could be a hotspot for overseas property investors in the next few years, according to experts.

Foreign Property Buyer said the forthcoming opening of an airport in Alcochete would boost the appeal of the region among both rental investors and second home buyers.

The website stated that the transport hub would increase the accessibility of the Blue and Silver Coasts from other countries, thereby helping to attract more visitors.

This, it said, would lead to greater demand for rental accommodation in the region and push up property prices as a result.

Foreign Property Buyer commented: "The Blue and Silver Coasts offer an attractive alternative for overseas property investors with plenty of good opportunities to be found."

The new airport should be fully operational in four year times and is currently being built at a cost of €4.9 billion.

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