Buyers considering buying property in France and Spain need
to also take a good look at Portugal. The real estate
market in Portugal has been quietly booming and remains a
good strong place to invest in property abroad. For those
who are seeking Golf property Portugal is second to none.
The future is bright for Portuguese real estate as the
economy grows and direct inward investment in the property
market increases. So why else buy property in Portugal?
Portuguese investment property.
Portugal remains of consistent interest to overseas
property investors, those seeking a home for retirement and
second home buyer's .Despite strong competition from areas
such as France and Spain along with emerging markets such
as Bulgaria and Croatia .Portugal is particularly
attractive for buyers from the UK. The country's south
coast is one of the most popular with luxury resorts;
Algarve area is a firm favourite and provides steady
performance for buy-to-let investors.
Portugal is truly accessible.
Portugal ideal for investment as it is very easy to get to
& good communications are top class. All investors know
that the best overseas property destinations are the ones
that are accessible. Portugal is one such region it has a
National Airline called 'TAP Air Portugal' whose numerous
flights fly to Portugal from most cities in Europe.
Portugal benefits from several airports. The main airports
are Lisbon Faro and Porto
Growing economy.
A strong stable economy backed by EU investment is giving
Portugal a property market that has been quietly growing
Portugal an ideal place to invest in property. Some
locations in Portugal are producing wealth for property
owners from capital growth and rental yields said to be up
to 10%.The ever strengthening economy is backed by EU
funding and strong inward investment from tourism and
international investors. Portuguese property prices have
risen modestly in the past 18 months and the Algarve tends
to have the largest capital increases. Portugal has a good
infrastructure which has been progressively modernized.
Tax made easy in Portugal.
Portugal still remains a place where the tax planners can
thrive. It is still possible to buy property in Portugal
using offshore companies. This can help secure significant
tax advantages those investing in Portugal, resident or
not, can very often legally circumvent capital and transfer
taxes
Sunny Climate.
Summers are hot and dry throughout Portugal, particularly
in the Algarve, which experiences very little rain.
Portugal benefits from cool sea breezes in the long hot
summers. Winters vary depending in which region you in
however Golfers still make for the Portuguese shores all
year round.
Top location The Algarve Portugal.
With over 30 top golf courses The Algarve is attracting the
big spending Golfing community. The Algarve benefits from
sand beaches, scuba diving, waterskiing, sailing, tennis
centres, equestrian centres, casinos, Michelin star
restaurants, marinas Good health care, private clinics and
lots more! Keeping your cool buying abroad
My tips for buying overseas.
Don't rush. Get familiar with the location and the type of
properties you're considering. Research the residency rules
for non nationals. Know the people and the lifestyle. Get
advice from a reliable source. Select a reputable local
lawyer. Use respected real estate agents. Don't let
yourself be pressured by a pushy salesman. Independent
advice is the best advice. Consider your exit plans
----------------------------------------------------
The Author of this article is Nicholas Marr his knowledge
is gained from numerous contacts within the overseas
property industry. He admits that he is learning everyday
from professionals that specialise in their regions. He is
founder and CEO to the overseas property portal at
http://www.homesgofast.com/Portugal/index.php
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