September 20, 2007
Is property in Portugal a good investment?
It’s quite a surprise why Portugal is included as one of the best investment properties in the region – as many more markets have more potential for property investment than any other. And since Portugal is a country with limited demands for property and with a saturation of property stock, the question still remains: is property in Portugal a good investment?
The answer states that Portugal is such a beautiful country, good for retirees and vacationers. And it is usually a discrete country, where property potential may seem to be a bit inconspicuous whenever there is an increase in house cost. But these just undermine the real potential of Portugal – with its luscious rental and resale appeal, Portugal is still the country to invest in.
But when asked about which countries are a good investment, some investors usually don’t compare this property to that property.
There is no comparison between this property and that Vietnamese property, for example. You can’t compare property market in Estonia to that of France – because they both have different established property markets. So the question that asks you whether there is still a good property investment in France is a stand alone question.
And to this date, Portugal is a long term property investment for the right choice. The best property to invest in Portugal is the golf course which the nation, particularly in Algarve, is very abundant of. There is a continuing development for these golf courses by the government and this has even become more renowned when the Portuguese Golf Federation convened earlier this month to unveil Portugal’s tourism golf strategy. It is expected that this year will be best for the investors in golf courses.
And still, there are more to come in Portugal – the Silver Coast in 2006, and the city’s stock in more golf courses in the region.
Posted on: Portugal
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