The Investment Property Market in Portugal

Property in Portugal has taken in the past couple of years as Portugal is one of the resurgent countries of Europe and has gained immense popularity due to the formation of the European Union (EU). The country has a rich heritage of historically significant events and places, which adds to the charm among the visitors here. A large coastline offers a perfect destination for locals and visitors enjoy the pleasant chimes of Portugal. Add to that a tradition-rich country fun! You will not find a place as a donor and Portugal in terms of establishing a second home or a holiday home in Portugal.


What makes Portugal a hot destination for investment? To be precise, the main USP of Portugal is its history and culture having fun. Golf is a great success in the country with hundreds of picturesque golf resorts that dot the landscape of the countrys. With tournaments organized throughout the year, the country is always vibrant with news and views golfing.

Part of the success of golf in Portugal is also due to the fact that the country is largely seen as a major retirement destination. People with time on their hands pleasure in hobbies including golfing, and the benefit of the younger generation taking up the skills required to play the game of their elders. Resultantly, Portugal attracts large investment from golfing enthusiasts who are looking for an ideal outlet to satisfy their golfing enthusiasm.

Another sport that has become synonymous with Portugal is football. Portugal is home to the legendary footballer, Luis Figo, and each player's enthusiasm and aspiration Figo loves football and his skills all around the world. Europe is mad about football and a football crazy nation is always on the radar so the investment in property.

Besides sports, Portugal is also a hot investment destination due to its long coastline full of pristine sandy beaches and offering a relaxed coastal lifestyle. The boast of the coastal cities of homes and luxury resorts holiday, including the infamous golf resorts.

Time is another major factor that prompts investors from UK and other colder northern countries to meet in Portugal. Thanks to its pleasant climate, Portugal is now the third destination of choice of second-home for the British, after Spain and France.

Portugal is very well connected with regular flights to and from the capital Lisbon. Major airlines have increased the frequency of flights due to the huge demand for frequent and potential property buyers.

Portugal is a modern country with a rich heritage. The warm and friendly people signifies the importance of hospitality, both valued by the Portuguese. Since Portugal had so many colonies all around the world, people of these colonial countries makes it a point to visit the country at least once in their lifetime. This is because they know the Portuguese to have left an indelible mark on the cultural heritage of these colonial countries, and people have a unique connection with the place, which ruled in the past not-so-distant.

The hottest destinations for investment in Portugal

When it comes to the hotspots for property investment in Portugal, the southern coastal region of Algarve wins hands down. Though the capital Lisbon remains a much sought destination due to its cosmopolitan culture, the availability of property here is diminishing with rising demand structure and pricing for the property left behind by the source in most major Portuguese cities.

Again Algarve also owes its popularity to the golf enthusiast, as is their efforts that have borne the fruit in the form of "prestigious golden triangle 'of luxurious resorts and golf - Quinta do Lago, Vale do Lobo and Vila Sol. This pampered region of Portugal attracts investors in droves in the segment of the villas of £ 1-million-plus. Many rich and famous have bought properties first in the region, including the celebrity DJ Chris Evans who boasts of a property of £ 2-million here. If you are a small investor, there are apartments available in the Algarve with prices ranging from £ 50,000 - £ 70,000.

Silver Coast Portugal is a destination center quick emergent property and is fascinating to property investors all over Europe. Since it is an emerging tourist destination, makes little sense in investing here, as prices have not yet reached its peak. Located between Lisbon and Oporto, the silver region of the coast (or the Lisbon coast, popular as it is called) has some gorgeous beaches and non-degraded area, and officials here are working on plans drawn up to develop this part of Portugal in the next decade.

Portugal also has tremendous opportunities for the budding DIY investors looking for renovation properties to develop as holiday homes. The old towns of Obidos, Leiria and Coimbra offer some great bargains in the pattern of renewal, where you can strike a deal for as little as £ 20,000. The luxurious villas in these historic towns can be yours for anywhere between £ 100,000 and £ 150,000.

Some of the other places worthy of exploration for the purposes of property investment include resorts like Nazare and Figueira da Foz, sao Martin makes the beach of Porto, and the stretch of coast running north from Porto to the Spanish border , known as the Green Coast.

The time to invest in real estate property in Portugal now because prices have witnessed a sharp increase since 2000, and experts have said the stiff competition among Portuguese investors in the near future as demand gradually leave behind the power land.