Where to Buy Property Abroad 2009

An Investors Guide

Portugal Flag

Property Investing in Portugal

Where or What to Buy

Map of Portugal

Its history is characterised by intrepid explorers, its culture flamboyant and artistic and its geography richly diverse with lush mountains and popular coastal outcrops. Seafaring habitants and natural explorers in the 15th and 16th centuries promoted Portugal to a world power with the discovery and seizure of a sizable empire including colonies in South America, Africa and Asia. Modern day Portugal still contains reminders of times gone by, embracing a deep-rooted mix of vibrant origins and ancient civilisations. It is also the elite haunt of some of the world’s most exclusive golf courses and attracts enthusiasts from around the world.

As one of the warmest European countries with beautiful countryside, quintessential coastlines, elegant cities, Oriental architecture and a Mediterranean ambience, Portugal has become one of the world’s most popular tourist and second home destinations. It is now classed as the third most popular second home destination in the world with its most famous Algarve region rated as the number one destination for investment according to Channel 4’s A Place in the Sun.

Indeed, the Algarve is one of Portugal’s success stories and is one of the country’s most affluent areas catering for the more elite visitor. It is especially favoured amongst golf enthusiasts and British investors who have already laid claim to 50,000 properties along the region’s coast. Having said that, Northern Portugal should not be overlooked. It has coastal regions of equal merit and an increasing number of high quality golf developments underway to rival the existing array in the south. For wine lovers, The Duoro Valley and city of Porto are well worth a visit, famous for their exports of Port and Vinho Verde.

 

Still in this Chapter

  • Is this is good place to Buy?

  • Which type of Property should you go for?

  • Hotspots

  • The Purchase Process

  • Mortgages

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Investing Potential of Individual Countries

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