Portuguese property market is still one of the most stable in Europe

8 February 2007

2007 is expected to bring a healthy 12% growth to Portugal’s property market, and with the double tax arrangements between the UK and Portugal, buying property here has never been so simple for the overseas investor.

Property prices here are certainly not as cheap as the well publicised Eastern European countries, but there is no doubt that Portugal is a well established and flourishing marketplace with a stable economy. Capital growth and rental yields for investors are showing higher returns than elsewhere in Europe, mostly fuelled by investors rather than holiday home seekers.

Paul Cooper, Director of Principal International, a leading overseas property investment company quotes “Portugal is a safe bet for investors, we are still getting regular enquiries for higher end quality properties and not just those ones attached to golf courses.”

Principal International currently have a number of luxury apartments and villas for sale in the Vale de Ouro region, and whilst golf may not be the number one priority, as investors, evidence shows that buying a property attached to a golf course has many long term advantages. For further information see their website; https://www.principalinternational.co.uk/portugal

The game of golf appeals to all ages and not just the wealthy, so the rental market for your investment property is opened up to a much wider audience. The community living appeals to some and with it comes not only the sport but the social life. Most courses include luxury facilities and the Val de Ouro Golf resort is no exception. With many of the top names in golf designing these courses the demand for golfing properties is not dwindling.

With its close proximity to the UK, buying an investment property in Portugal offers both annual and weekend break holidays, add to it the golf resort and the rental opportunities are endless.