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Portugal Property Investment News
Portuguese resort is "resurgent"
The growth of the Portuguese property market is being enhanced by infrastructure developments in Vilamoura.
Spanish Algarve Properties said that the resort was quickly growing into one of the most exclusive in Europe, reports Easier.com.
Rob Shaw, Marketing and Operations Manager for Spanish Algarve Properties, commented: "Over the last year we have seen a 600 per cent increase in the sales of Vilamoura property.
"This is set to continue well into the future with people flooding back to a tried and tested market after perhaps disappointing forays into property investment further afield."
He added that infrastructure improvements in the area were partly responsible for its astronomic growth:
"With the marina now expanding and the pending freedom of UK pensions allowing individuals to buy property in Portugal for inclusion in a SIPP, Portugal in expected to remain as one of the most attractive markets in mainland Europe."
Around 70,000 Britons already own a home in Portugal.
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Secured land investment
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12-18 month investment
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Cash payouts for up to 12 years
Agricultural land with
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