Portugal’s multi million pound boost will bring new investors

2 October 2007

The recent announcement that Portugal is to receive a £14million grant to develop the countries overall infrastructure and tourism is great news for investors says Principal International. With 200,000 Britons already taking advantage and living in the countries warm climate and friendly atmosphere, this financial boost will further enhance its appeal to the world’s visitors.

Portugal is famous for its golden coastlines, year round warm climate and friendly people. It has never lost its appeal as a favourite European holiday destination and for this reason Portugal is a safe investment opportunity. With a short flying time from the UK, Portugal is easy to reach and has plenty to offer from stunning coastlines with luxury accommodation to championship golf courses surrounded by lush greenery.

Principal International, one of the UK’s leading overseas property experts comments “with the number of low cost airlines now flying to Portugal and the already well established tourist market, Portugal never loses its appeal to the discerning traveller. It remains as one of the top 5 favourite European destinations for European travellers and this makes it an attractive investment opportunity. There is never a shortage of visitors from around the globe and the abundance of top quality golfing resorts continues to attract holidaymakers and weekend trippers”

Principal International have a number of luxury apartments and villas for sale in Portugal, and with the reduction in property sales tax being available to overseas buyers, there will never be a shortage of rental opportunities.