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Huge increase in interest in overseas property for sale in Portugal
Country: Portugal
Portugal's appeal as a summer holiday destination is filtering through into the market for overseas property for sale, with one estate agent reporting a ten-fold increase in viewings for December. Infinito Real said the surge in visitors to Portugal in the summer has had a positive impact on property for sale in the country, with bookings in November three times the number seen in 2010. Some figures suggest visitor numbers were up by as much as 45 per cent this summer. According to figures from the Office for National Statistics, around 1.6 million Brits visit Portugal every year. Managing director Stephen Anderson said October and November are traditionally busy periods as people look to escape the gloom of the UK, but December, which this year has seen a ten-fold increase, is usually much quieter. Mr Anderson said the main concern for many investors is securing a property to let which will bring in a strong rental income. "The success of these bookings over the next month will be influential for the forthcoming year and should start to give us a good indication of what we can expect from the market in 2012," he added.
December 2011
Some information contained within this article may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and financial advise from a qualified professional.
Some properties in Portugal
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Price: €320,000
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Type: Apartment
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Bedrooms: 5
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NEW Rent2Buy Solution – Move now into the home of your dreams; buy it within five years – ask for details This detached five bedroom villa plus a multipurpose room is situated in Minas - Serra, close to the town of Tomar in central Portugal.
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View details | Enquire further
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Price: €170,000
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Type: Apartment
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Bedrooms: 1
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Apartment with sea views, located in quiet area of Vilamoura and close to all facilities. It has garage and two storages rooms with enough space to store a Motorbike. Condominium with private garden and swimming pool.<
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View details | Enquire further
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Price: €15,000
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Type: Land
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Plot with 1720 sq. metres located in a quiet area some 10 mins. from Matos. Approved project to build a villa with 185 sq. metres covered area. Details of the project can be seen on the photos. · Gross area for construction: 210 sq.m.
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Price: €25,000
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Type: Cottage
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Bedrooms: 4
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Stone Cottage for rebuilt and plot with 600 sq. meters located in Mourolinho near Ferreira do Zêzere. Approved project to build a villa with 240 sq. meters covered area. Large plot for garden and planting with good views near a small river.220
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Price: €35,000
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Type: Land
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Plot with 1240 sq. metres located in a quiet area near the town of Tomar. Approved project to build a villa with 279 sq. metres covered area. Excellent views above the town Tomar. The property has a well with water.
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Price: €75,000
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Type: Studio
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Studio Apartment completely renovated and transformed into a 1 bedroom apartment, situated in a central area of Vilamoura and near all amenities.<
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Price: €79,000
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Type: Apartment
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Bedrooms: 2
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Two bedroom apartment situated in Quarteira. Equipped kitchen, balcony and storage.<
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Price: €79,000
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Type: Apartment
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Bedrooms: 1
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Apartment situated in the central area of ??Quarteira 150 meters from the beach. Fully renovated, floor, plumbing and kitchen and partially equipped. Comprising lounge, kitchenette, bedroom, bathroom and small balcony.<
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Price: €80,000
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Type: Studio
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Studio situated in a private condominnium with garden, swimming pool and BBQ. In good conditions. Furnished and equipped. Quiet area near the Falésia beach and Vilamoura Marina <
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Price: €83,500
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Type: Apartment
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Bedrooms: 2
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Hall, living room, Kitchen, two bedrooms, two bathrooms and two balconies. Ideal investment for holiday. 2 minutes walking from the beach. Central area.<
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Price: £130,000 Bedrooms: 1 3% discount off list price. prices approx 10% below market value., Prague market growing at 20% pa.
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Prices from: Baht 2,790,000 Bedrooms: 1 & 2 Freehold apartments offering brilliant sea view. High quality designed kitchen with imported marble.
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Price: €785,000 Bedrooms: 3 Funchal: Luxury, comfort and practicality. extensive external terraces. Access to 18-hole Palheiro Golf course.
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Prices from: €99,681 Bedrooms: 1 & 2 Off-plan, inner city location. NZ$1,000 to secure. Multi currency mortgages from 3%. High yielding.
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Prices from: £147,200 Bedrooms: 2 & 3 Off-plan in Fuseta, Olhao. 30 two-bed, two-bath apartments & 20 three-bed, three-bath semi-detached villas.
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Price: £195,200 Bedrooms: 3 Baths: 3 - 2 ensuite 200sqm open plan living. Polished stone floors. Private balcony, terrace & garage. Sea & garden views. Communal pool.
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