Innovative land & property investments
Portugal Property Investment News
Portuguese property market continues to grow
People who wish to buy a residence in Europe could find an investment property in Portugal highly lucrative.
According to Homes Overseas, the country is faring very well in comparison with many other parts of the continent.
While Spain for example is experiencing a slowdown in its housing market, property values in Portugal are continuing to rise.
As a result, demand is still strong and new homes are being created in many different areas, including Lisbon, the Algarve and the Silver Coast.
This means that the country could be a good bet for overseas property buyers who wish to enjoy capital growth in an established European market.
Homes Overseas commented: "Portugal appears to have escaped the bust cycle with average prices trickling upwards over the past year or so."
Earlier this week, the Silver Coast was highlighted as a particularly good market to consider by Country Life magazine, which house prices in the region are likely to go up "significantly" in the next three years.
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