Buying in Portugal

Following last month’s article on where to buy real estate in Portugal, Dylan Mitchell looks at how to go about buying your dream villa or apartment in this beautiful country.

Carvoeiro on the Algarve coast

Holidaymakers and property investors have often overlooked Portugal – but this is changing.

Through a combination of tough cutbacks on government spending and the introduction of incentives to attract investors to help revive the economy, the Portuguese government has succeeded in not only saving the country from financial ruin but has furthermore created a growing economy that is going from strength to strength.

And with property prices at close to 35% of 2007 prices, investors from around the world are starting to take note of the opportunities to be had.